257 Ashland Court 257, Buffalo Grove, IL, 60089
$400,000
2
Beds
1
Bath
1,000
Square feet
About 257 Ashland Court 257
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.
Additional Information: This property is located in the Buffalo Grove neighborhood, IL. This 2 bedrooms attached single property is priced at $400/sqft.
Facts & Features
| MLS® # | 12690890 |
|---|---|
| Price | $400,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,000 |
| Price per Square Footage | $400.00 |
| Taxes | $6,518 |
| HOA Fees | $331 |
| HOA Fees Freq. | Monthly |
| Year Built | 1986 |
| Type | Residential |
| Sub-Type | Attached Single |
| Status | Active |
Community Information
| Address | 257 Ashland Court 257 |
|---|---|
| Area | Buffalo Grove |
| Subdivision | Lexington in the Park |
| City | Buffalo Grove |
| County | Lake |
| State | IL |
| Zip Code | 60089 |
Amenities
| Amenities | Pool |
|---|---|
| Parking Spaces | 1 |
| Parking | Yes, Attached, Garage |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Humidifier |
|---|---|
| Heating | Natural Gas, Forced Air |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | Aluminum Siding |
|---|---|
| Exterior Features | Balcony |
| Roof | Asphalt |
| Foundation | Concrete Perimeter |
School Information
| District | 125 |
|---|
Additional Information
| Days on Market | 66 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Taxes | $6,518 |
Listing Details
| Office | Compass |
|---|