Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
7 Properties Within 0.5 miles of: 257 Ashland, Buffalo Grove

257 Ashland Unit 257
Buffalo Grove, IL 60089

  • 2 Beds
  • 1 Baths
  • 1,000 Sq. Ft.
  • Built In 1986
Price

$400,000

Est Payment
$2,875 / month (details)  
Taxes
$6,283  
Assessments
$331  
Beds
2  
Baths
1  
Rooms
5  
Type
Attached  
Sq. Ft.
1,000  
Built
1986  
Neighborhood
Buffalo Grove  
MLS
#12690890
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
19X12
Dining Room
Second
9X9
Kitchen
Second
Ceramic Tile
10X9
Family Room
N/A
Laundry
N/A
Master Bedroom
Second
Carpet
14X11
Bedroom 2
Second
Carpet
10X10
Bedroom 3
N/A
Bedroom 4
N/A
Utility Room-2nd Floor
Second
3X3
Screened Porch
Main
4X6

Utilities

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

Additional Information

Assessment Includes
Parking, Insurance, Pool, Lawn Care, Scavenger, Snow Removal, Other
Common Amenities
Pool
Exterior Features
Balcony
Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Humidifier
Pets Allowed
Size Limit
Sub/Complex
Lexington in the Park
Parking
1 Garage Spaces, Yes, Attached, Garage
Schools
District 125, District 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
grid
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