284 Appletree Court 284,Buffalo Grove, IL 60089
Buffalo Grove, IL 60089
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 # | 12690931 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $331 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1985 |
| Days On Site | 74 |
| Listing Provided By | Compass | Alexandre Stoykov |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 861 |
| Garage | 1 |
| Pool | Yes |
| Story(s) | 2 |
| Water Front | Yes |
Interior
| Rooms Total | 5 |
|---|---|
| Cooling | Central Air |
| Heating | Natural Gas, Forced Air |
| Interior Features | Cathedral Ceiling(s), Walk-In Closet(s), Pantry |
| Appliances | Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer |
| Laundry Features | Upper Level, Washer Hookup |
Exterior
| Exterior Features | Balcony |
|---|---|
| Construction Materials | Vinyl Siding, Brick |
Parking
| Parking Features | Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage |
|---|---|
| Garage Spaces | 1 |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 6740.92 |
Area Information
| State | IL |
|---|---|
| County | Lake |
| City | Buffalo Grove |
| Zip Code | 60089 |
| Area | Buffalo Grove |
| Community Name | Lexington in the Park |
| School District | Adlai E Stevenson High School |
| Elementary School | Ivy Hall Elementary School |
| High School | Adlai E Stevenson High School |
| Listing VS Median (in Lexington in the Park) | |
Price: $400,000 low | high Med: $400,000 sqft: 861 low | high Med: 946 $ / sqft: $465 low | high Med: $423 On site: 74 low | high Med: 74 | |
Market Activity 60089
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Learn More About This Property
| State | IL |
|---|---|
| County | Lake |
| City | Buffalo Grove |
| Zip Code | 60089 |
| Area | Buffalo Grove |
| Community Name | Lexington in the Park |
| School District | Adlai E Stevenson High School |
| Elementary School | Ivy Hall Elementary School |
| High School | Adlai E Stevenson High School |
| Listing VS Median (in Lexington in the Park) | |
Price: $400,000 low | high Med: $400,000 sqft: 861 low | high Med: 946 $ / sqft: $465 low | high Med: $423 On site: 74 low | high Med: 74 | |
