Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
7 Properties Within 0.5 miles of: 1181 Auburn, Buffalo Grove

1181 Auburn Unit 1181
Buffalo Grove, IL 60089

  • 2 Beds
  • 1 Baths
  • 1,034 Sq. Ft.
  • Built In 1985
Price

$400,000

Est Payment
$2,786 / month (details)  
Taxes
$5,259  
Assessments
$327  
Beds
2  
Baths
1  
Rooms
5  
Type
Attached  
Sq. Ft.
1,034  
Built
1985  
Neighborhood
Buffalo Grove  
MLS
#12690966
Status
Active

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 Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
Wood Laminate
13X20
Dining Room
Main
Wood Laminate
10X10
Kitchen
Main
Ceramic Tile
10X10
Family Room
N/A
Laundry
Main
Ceramic Tile
6X8
Master Bedroom
Main
Wood Laminate
11X14
Bedroom 2
Main
Wood Laminate
12X12
Bedroom 3
N/A
Bedroom 4
N/A

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling Central Air
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Assessment Includes
Water, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Common Amenities
Pool
Pets Allowed
Number Limit
Parking
1 Garage Spaces, Yes, Attached, Garage, Parking included in price
Schools
Adlai E Stevenson High School (125), Twin Groves Middle School (96), Willow Grove Kindergarten Ctr (96)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Nearby Transportation

  • Hwy 53 South 1.8 mi
  • Hwy 53 North 3.4 mi
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