273 Appletree Court 1-3-21, Buffalo Grove, IL, 60089
$400,000
2
Beds
1
Bath
960
Square feet
About 273 Appletree Court 1-3-21
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 $417/sqft.
Facts & Features
| MLS® # | 12690922 |
|---|---|
| Price | $400,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 960 |
| Price per Square Footage | $416.67 |
| Taxes | $6,249 |
| HOA Fees | $358 |
| HOA Fees Freq. | Monthly |
| Year Built | 1984 |
| Type | Residential |
| Sub-Type | Attached Single |
| Status | Active |
Community Information
| Address | 273 Appletree Court 1-3-21 |
|---|---|
| Area | Buffalo Grove |
| City | Buffalo Grove |
| County | Lake |
| State | IL |
| Zip Code | 60089 |
Amenities
| Amenities | Pool, Security Door Lock(s), Ceiling Fan, Clubhouse |
|---|---|
| Parking Spaces | 1 |
| Parking | Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cathedral Ceiling(s), Built-in Features, Bookcases |
|---|---|
| Appliances | Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal |
| Heating | Natural Gas, Forced Air |
| Cooling | Central Air |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Gas Starter |
| # of Stories | 2 |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | Brick, Frame |
|---|---|
| Lot Description | Cul-De-Sac |
| Roof | Asphalt |
| Foundation | Concrete Perimeter |
School Information
| District | 125 |
|---|---|
| Elementary | Ivy Hall Elementary School |
| Middle | Twin Groves Middle School |
| High | Adlai E Stevenson High School |
Additional Information
| Days on Market | 66 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Taxes | $6,249 |
Listing Details
| Office | Compass |
|---|