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.
| MLS # | 12690890 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $331 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1986 |
| Days On Site | 75 |
| Listing Provided By | Compass | Alexandre Stoykov |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,000 |
| Garage | 1 |
| Story(s) | 2 |
| Rooms Total | 5 |
|---|---|
| Cooling | Central Air |
| Heating | Natural Gas, Forced Air |
| Appliances | Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Humidifier |
| Laundry Features | Washer Hookup |
| Window Features | Screens |
| Exterior Features | Balcony |
|---|---|
| Roof | Asphalt |
| Foundation Details | Concrete Perimeter |
| Construction Materials | Aluminum Siding |
| Parking Features | Yes, Attached, Garage |
|---|---|
| Garage Spaces | 1 |
| Sewer | Storm Sewer |
|---|---|
| Electric | Circuit Breakers |
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 6518.06 |
| State | IL |
|---|---|
| County | Lake |
| City | Buffalo Grove |
| Zip Code | 60089 |
| Area | Buffalo Grove |
| Community Name | Lexington in the Park |
| Listing VS Median (in Lexington in the Park) | |
Price: $400,000 low | high Med: $400,000 sqft: 1,000 low | high Med: 946 $ / sqft: $400 low | high Med: $423 On site: 75 low | high Med: 75 | |
| State | IL |
|---|---|
| County | Lake |
| City | Buffalo Grove |
| Zip Code | 60089 |
| Area | Buffalo Grove |
| Community Name | Lexington in the Park |
| Listing VS Median (in Lexington in the Park) | |
Price: $400,000 low | high Med: $400,000 sqft: 1,000 low | high Med: 946 $ / sqft: $400 low | high Med: $423 On site: 75 low | high Med: 75 | |