$400,000
 $2,147 est/mo Sourced by Back At You

257 Ashland Court 257,Buffalo Grove, IL 60089

Buffalo Grove, IL 60089

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Description

One of the six units in this rare opportunity to acquire a six-unit condominium investment portfolio in Buffalo Grove, all located within the highly acclaimed Adlai E. Stevenson High School district. This package includes six separately deeded, fully occupied units generating immediate rental income. Four of the six units have been renovated, providing a strong balance of current value and future upside. Current rents are below market, offering significant potential for increased cash flow. At market rental rates, annual rental income could increase from approximately $151,200 to $165,600, representing an additional $14,400 per year (approximately 9.5% upside). A unique opportunity for investors seeking a turnkey portfolio in one of the North Shore's most desirable rental markets.

Details

MLS #12690890
Listing TypeFor Sale
StyleCondominium
HOA Dues$331
Sub-TypeResale
StatusActive
Year1986
Days On Site75
Listing Provided ByCompass | Alexandre Stoykov

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet1,000
Garage1
Story(s)2

Interior

Rooms Total5
CoolingCentral Air
HeatingNatural Gas, Forced Air
AppliancesRange, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Humidifier
Laundry FeaturesWasher Hookup
Window FeaturesScreens

Exterior

Exterior FeaturesBalcony
RoofAsphalt
Foundation DetailsConcrete Perimeter
Construction MaterialsAluminum Siding

Parking

Parking FeaturesYes, Attached, Garage
Garage Spaces1

Utilities

SewerStorm Sewer
ElectricCircuit Breakers

Taxes

Tax Year2025
Tax Annual Amount6518.06

Area Information

StateIL
CountyLake
CityBuffalo Grove
Zip Code60089
AreaBuffalo Grove
Community NameLexington in the Park
Listing VS Median (in Lexington in the Park)
Price:
$400,000
low | high
Med:
$400,000
50% of Average
sqft:
1,000
low | high
Med:
946
55.45% of Average
$ / sqft:
$400
low | high
Med:
$423
44.210973863229% of Average
On site:
75
low | high
Med:
75
100% of Average
Sourced by Back At You

Market Activity 60089

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Learn More About This Property

StateIL
CountyLake
CityBuffalo Grove
Zip Code60089
AreaBuffalo Grove
Community NameLexington in the Park
Listing VS Median (in Lexington in the Park)
Price:
$400,000
low | high
Med:
$400,000
50% of Average
sqft:
1,000
low | high
Med:
946
55.45% of Average
$ / sqft:
$400
low | high
Med:
$423
44.210973863229% of Average
On site:
75
low | high
Med:
75
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $300K - $500K
sqft: 750 - 1,000
Nearby Listings Property ImageNearby Listings Details
284 APPLETREE Court 284 Property Photo 1
$400,000
284 Appletree Court 284
Buffalo Grove, IL 60089
273 Appletree Court 1-3-21 Property Photo 1
$400,000
273 Appletree Court 1-3-21
Buffalo Grove, IL 60089
Listing Updated: September 2, 2026 at 3:45:48 PM PDT