BEDS2
BATHS1 full
SQUARE FEET960
MLS#12690922
STATUSActive
PROPERTY TYPEResidential - Condominium
SCHOOLDistrict 125
Property 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 Features
Property Type: Residential - Condominium
Basement: None
Cooling: Central Air
Fireplaces: 1
Garage: 1
Heating: Natural Gas, Forced Air
Lot Size: COMMON
Roof Type: Asphalt
Stories: 2.0
Taxes: $5,956
Year Built: 1984
Amenities
Cathedral Ceiling(s)
Built-in Features
Bookcases
Feature Descriptions
Additional rooms: Deck
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Association Amenities: Pool, Security Door Lock(s), Ceiling Fan, Clubhouse
Association Includes: Water, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Snow Removal
Dining Room: Separate
Exterior: Brick, Frame
Fireplace: Gas Starter
Fireplace Location(s): Living Room
HOA Fee: 358/ Monthly
Laundry: In Unit
Lot: Cul-De-Sac
Lot Dimensions: COMMON
Other Equipment: Intercom, CO Detectors, Ceiling Fan(s)
Parcel#: 15323090590000
Parking: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Pet Allowed: Cats OK, Dogs OK
Sewer: Public Sewer
Total Rooms: 5
Township: Vernon
Water: Public
Room Sizes
Deck: 12X06
Bedroom 2: 10X10
Dining Room: 10X09
Kitchen: 10X10
Laundry: 07X05
Living Room: 16X13
Primary Bedroom: 13X10
Local Schools
High School: Adlai E Stevenson High School
Middle School: Twin Groves Middle School
Elementary School: Ivy Hall Elementary School
School District: District 125
Listed By / Shown By
Listed By
Agency Name: Compass
Agency Phone: 312-319-1168
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimate Your Payment
Estimated Payment
$ 2,429.92 per month $1,816.92 Principal & Interest $496.33 Property Tax $116.67 Homeowner's Insurance
273 Appletree Court, Unit 1-3-21 | MLS# 12690922
This condo located at 273 Appletree Court, Unit 1-3-21, Buffalo Grove, IL 60089 is currently listed for sale with an asking price of $400,000. This property was built in 1984 and has 2 bedrooms and 1 full baths with 960 sq. ft. Appletree Court, Unit 1-3-21 is located within the District 125 school district. Search Buffalo Grove real estate on www.gogambino.com today.