BEDS2
BATHS1 full
SQUARE FEET861
MLS#12690931
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONLexington in the Park
SCHOOLDistrict 125
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 Features
Property Type: Residential - Condominium
Basement: None
Cooling: Central Air
Garage: 1
Heating: Natural Gas, Forced Air
Lot Size: COMMON
Stories: 2.0
Taxes: $2,948
Year Built: 1985
Amenities
Cathedral Ceiling(s)
Walk-In Closet(s)
Pantry
Feature Descriptions
Additional rooms: Balcony/Porch/Lanai
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Association Amenities: Party Room, Sundeck, Pool, Clubhouse, School Bus
Association Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Dining Room: L-shaped
Exterior: Vinyl Siding, Brick
HOA Fee: 331/ Monthly
Laundry: Upper Level, Washer Hookup
Lot Dimensions: COMMON
Parcel#: 15323090530000
Parking: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Pet Allowed: Cats OK, Dogs OK, Number Limit
Sewer: Public Sewer
Total Rooms: 5
Township: Vernon
Water: Lake Michigan
Room Sizes
Balcony/Porch/Lanai: 16X6
Bedroom 2: 11X10
Dining Room: 10X9
Kitchen: 10X10
Laundry: 8X5
Living Room: 19X12
Primary Bedroom: 14X11
Local Schools
High School: Adlai E Stevenson High School
Middle School: Twin Groves Middle School
Elementary School: Ivy Hall Elementary School
School District: District 125
Listed By / Shown By
Listed By
Agency Name: Compass
Agency Phone: 312-319-1168
Shown By
Agent Name: Cathy Gasparini
Agent Phone: Cell: (815) 961-8902
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 2,179.26 per month $1,816.92 Principal & Interest $245.67 Property Tax $116.67 Homeowner's Insurance
284 Appletree Court, Unit 284 | MLS# 12690931
This condo located at 284 Appletree Court, Unit 284, Buffalo Grove, IL 60089 is currently listed for sale with an asking price of $400,000. This property was built in 1985 and has 2 bedrooms and 1 full baths with 861 sq. ft. Appletree Court, Unit 284 is located in the Lexington in the Park subdivision within the District 125 school district. Search Lexington In The Park real estate on cgasparini.gogambino.com today.