$400,000

Address not displayed at seller's request — Buffalo Grove, IL

Active
2 beds 1 baths 931 sqft (assessor) Built 1985 Residential MLS #MRD12690944 23 days on market
Listing courtesy of Compass · 312-319-1168 · MLS #MRD12690944 · Status: Active
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 details

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Interior features
1st Floor Bedroom
Basement
None
Laundry
Main Level, Washer Hookup
Additional rooms
No additional rooms
Total rooms
5

Building & exterior

Age
41-50 Years
Stories
2
Entry level
1
Exterior
Aluminum Siding, Brick
Patio & porch
Patio

Parking

Garage spaces
1
Total spaces
1
Parking details
Garage Door Opener, Yes, Garage Owned, Attached, Garage

Lot & location

Lot dimensions
COMMON
Lot description
Cul-De-Sac
Township
Vernon
County
Lake

Utilities

Heating
Natural Gas, Forced Air
Cooling
Central Air
Water
Lake Michigan
Sewer
Public Sewer
Equipment
Ceiling Fan(s)

HOA & community

Assessment
$355 / monthly
Assessment includes
Water, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Amenities
Pool
Pets
Cats OK, Dogs OK, Number Limit

Schools

Elementary
Ivy Hall Elementary School (96)
Junior high
Twin Groves Middle School (96)
High school
Adlai E Stevenson High School (125)

Taxes & terms

Annual taxes
$6,397 (2024)
Parcel number (PIN)
15323091590000
PIN
15323091590000
Ownership
Condo
Possession
Closing
Special conditions
Home Warranty
Listed
6/29/2026

Rooms

RoomSizeLevelFlooring
Bedroom 210X10MainCarpet
Bedroom 3N/A
Bedroom 4N/A
Dining Room10X9MainCarpet
Family RoomN/A
Kitchen10X9MainCeramic Tile
Laundry8X6Main
Living Room19X13MainCarpet
Master Bedroom14X11MainCarpet

What would this home cost per month?

Using this listing's actual tax bill (2024) and actual HOA assessment — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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