Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
7 Properties Within 0.5 miles of: 233 Blossom, Buffalo Grove

233 Blossom Unit 233
Buffalo Grove, IL 60089

  • 2 Beds
  • 1 Baths
  • 960 Sq. Ft.
  • Built In 1984
Price

$400,000

Est Payment
$2,933 / month (details)  
Taxes
$6,656  
Assessments
$358  
Beds
2  
Baths
1  
Rooms
5  
Type
Attached  
Sq. Ft.
960  
Built
1984  
Neighborhood
Buffalo Grove  
MLS
#12690861
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
Second
Carpet
19X18
Dining Room
Second
Carpet
11X9
Kitchen
Second
Ceramic Tile
11X10
Family Room
N/A
Laundry
Second
Vinyl
8X6
Master Bedroom
Second
Carpet
13X12
Bedroom 2
Second
Carpet
10X10
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, Pool, Lawn Care, Scavenger, Snow Removal, Other
Interior Features
Cathedral Ceiling(s), Walk-In Closet(s)
Exterior Features
Balcony
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Pets Allowed
Cats OK, Dogs OK
Sub/Complex
Lexington in the Park
Parking
1 Garage Spaces, Garage Door Opener, Yes, Garage Owned, Attached, Garage, Parking included in price
Schools
Adlai E Stevenson High School (125), Twin Groves Middle School (96), Ivy Hall Elementary School (96)

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

Nearby Transportation

  • Hwy 53 South 1.9 mi
  • Hwy 53 North 3.4 mi
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