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

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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 #12690944
Listing TypeFor Sale
StyleCondominium
HOA Dues$355
Sub-TypeResale
StatusActive
Year1985
Days On Site65
Listing Provided ByCompass | Alexandre Stoykov

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet931
Garage1
PoolYes
Story(s)2

Interior

Rooms Total5
CoolingCentral Air
HeatingNatural Gas, Forced Air
Interior Features1st Floor Bedroom
AppliancesRange, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Laundry FeaturesMain Level, Washer Hookup

Exterior

Lot FeaturesCul-De-Sac
Construction MaterialsAluminum Siding, Brick
Patio And Porch FeaturesPatio

Parking

Parking FeaturesGarage Door Opener, Yes, Garage Owned, Attached, Garage
Garage Spaces1

Utilities

SewerPublic Sewer

Taxes

Tax Year2024
Tax Annual Amount6397

Area Information

StateIL
CountyLake
CityBuffalo Grove
Zip Code60089
AreaBuffalo Grove
Community NameLexington in the Park
School DistrictAdlai E Stevenson High School
Elementary SchoolIvy Hall Elementary School
High SchoolAdlai E Stevenson High School
Listing VS Median (in Lexington in the Park)
Price:
$400,000
low | high
Med:
$400,000
50% of Average
sqft:
931
low | high
Med:
946
48.4425349087% of Average
$ / sqft:
$430
low | high
Med:
$423
51.510416666667% of Average
On site:
65
low | high
Med:
65
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
School DistrictAdlai E Stevenson High School
Elementary SchoolIvy Hall Elementary School
High SchoolAdlai E Stevenson High School
Listing VS Median (in Lexington in the Park)
Price:
$400,000
low | high
Med:
$400,000
50% of Average
sqft:
931
low | high
Med:
946
48.4425349087% of Average
$ / sqft:
$430
low | high
Med:
$423
51.510416666667% of Average
On site:
65
low | high
Med:
65
100% of Average
Sourced by Back At You
Listing Updated: July 21, 2026 at 2:10:29 PM PDT