1181 Auburn Lane 1181

Buffalo Grove, IL 60089

About this property

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.

About this property

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.

Features and Additional Information

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$400,000 Active
2 Bed(s)
1
Bath
1,034 sqft

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Area Information

Buffalo Grove | Lake County |

$ 400,000
This listing is play_arrow 7.0% lower than the average in the area
$ 430,000 in the area
1,034 SqFt
This listing is play_arrow 12.1% smaller than the average in the area
1,176 SqFt in the area
$ 387 $/SqFt
This listing is play_arrow 5.8% more than the average in the area
$ 366 $/SqFt in the area
54 days on site
This listing is play_arrow 500.0% above the average in the area
9 days on site in the area

Schools in the Area

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    Elementary School
    Willow Grove Kindergarten Ctr
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    Middle School
    Twin Groves Middle School
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    High School
    Adlai E Stevenson High School
Listed By Alexandre Stoykov
Brokerage: Compass

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