1181 Auburn Lane, Buffalo Grove, Illinois 60089
$400,000
|
For Sale
|
|
| Status: | Active |
| Sqft: | 1,034 |
| Cost/Sqft: | $387 |
| Beds: | 2 |
| Baths: | 1 |
| Year Built: | 1985 |
| Property Taxes: | $5,259 |
| Lot Size: | 0,00 |
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.
Property Specifics
| Condos/Townhomes | |
| 1 | |
| — | |
| 1985 | |
| — | |
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| No | |
| — |
| Lake | |
| — | |
| 327 / Monthly | |
| — | |
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| — | |
| 12690966 | |
| 15323092120000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Willow Grove Kindergarten Ctr |
96 | — | |
|
Middle School
Twin Groves Middle School |
96 | Not in DB | |
|
High School
Adlai E Stevenson High School |
125 | Not in DB | |
Room Specifics
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Full Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 1 | |
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| — | |
| — | |
| — | |
| COMMON | |
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| — | |
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| Not in DB | |
| — | |
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Listing Provided By
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