Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
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7 Properties Within 0.5 miles of: 273 Appletree, Buffalo Grove

273 Appletree Unit 1-3-21
Buffalo Grove, IL 60089

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

$400,000

Est Payment
$2,875 / month (details)  
Taxes
$5,956  
Assessments
$358  
Beds
2  
Baths
1  
Rooms
5  
Type
Attached  
Sq. Ft.
960  
Built
1984  
Neighborhood
Buffalo Grove  
MLS
#12690922
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
Carpet
16X13
Dining Room
Main
Carpet
10X09
Kitchen
Main
Wood Laminate
10X10
Family Room
N/A
Laundry
Main
Vinyl
07X05
Master Bedroom
Main
Carpet
13X10
Bedroom 2
Main
Carpet
10X10
Bedroom 3
N/A
Bedroom 4
N/A
Deck
Main
Other
12X06

Utilities

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

Additional Information

Assessment Includes
Water, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Snow Removal
Common Amenities
Pool, Security Door Lock(s), Ceiling Fan, Clubhouse
Interior Features
Cathedral Ceiling(s), Built-in Features, Bookcases
Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Pets Allowed
Cats OK, Dogs OK
Parking
1 Garage Spaces, Asphalt, 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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