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$400,000
2 Beds
- 1 Bath
1 full bath
931sqft
(Undisclosed), Buffalo Grove, IL 60089
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$400,000
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Condominium
Built in 1985
$355/mo HOA
-- sqft lot
$430/sq.ft
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 o...
Continue ReadingProperty Details
Status
Active
Type
Condominium
No. of Stories
2
County
City
Neighborhood
--
Year Built
1985
HOA Fees
$355/mo
Finished Area
931 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
MRED MLS
MLS Number
12690944
MLS Status
Active
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