About This Home
This 2-bedroom, 1-bathroom condo at 284 APPLETREE Court in Buffalo Grove, IL is listed for $400,000 ($465 per sqft). Built in 1985, the home offers 861 sqft of living space on a N/A lot.
Key Features
- Built in 1985
- 2 stories
- 1 parking spaces
- Waterfront
Property Details
Amenities
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.
Monthly Cost Estimate
$2,470/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
284 APPLETREE Court
Buffalo Grove, IL 60089
Lexington in the Park
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom condo at 284 APPLETREE Court is listed at $400,000 ($465/sqft). The estimated monthly payment is $2,471 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $331/month.
Key features include: Built in 1985, 2 stories, 1 parking spaces, Waterfront. Interior Features: Cathedral Ceiling(s), Walk-In Closet(s), Pantry. Exterior Features: Balcony.
This property is listed by Alexandre Stoykov.
Alexandre Stoykov
Agent at Compass
