# 284 APPLETREE Court, Buffalo Grove, IL 60089

> **TL;DR:** 2bd/1ba condo, $400,000 ($465/sqft), built 1985, 861 sqft.
> Waterfront, A/C. Est. $2,471/mo. Listed 4 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $400,000 |
| Price/sqft | $465 |
| Bedrooms | 2 |
| Bathrooms | 1 full |
| Square Feet | 861 |
| Year Built | 1985 |
| Stories | 2 |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 4 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,023 |
| Estimated Insurance | $117 |
| HOA | $331 |
| **Total** | **$2,471** |

## Nearby Schools

- **Elementary:** Ivy Hall Elementary School
- **Middle:** Twin Groves Middle School
- **High:** Adlai E Stevenson High School

## Key Amenities

- Waterfront
- A/C

## Property Highlights

- Built in 1985
- 2 stories
- 1 parking spaces
- Waterfront

## Description

### Agent 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.

## Location

- **Address:** 284 APPLETREE Court, Buffalo Grove, IL 60089
- **County:** Lake
- **Neighborhood:** Lexington in the Park
- **Coordinates:** 42.158115, -87.983047
- **Google Maps:** https://www.google.com/maps?q=42.158115,-87.983047

## Listing Agent

- **Name:** Alexandre Stoykov
- **Brokerage:** Compass

## Primary Photo

![284 APPLETREE Court - Primary Photo](http://lh.rdcpix.com/6178f4f5b7cf50c37f49eef30f9e8e11l-f2986224020r.jpg)

---

**MLS#:** 12690931 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/284-appletree-court-buffalo-grove-il-60089-12690931)

---

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