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273 Appletree Court Buffalo Grove, IL 60089 Residential - Condominium Active

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  • 273 Appletree Court, Unit 1-3-21, Buffalo Grove, IL 60089 Main Photo

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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 Highlights

Property Type: Residential - Condominium
Total Living Area SF: 960
Garage Size: 1
Attached Garage
Built in 1984
Elementary School: Ivy Hall Elementary School
High School: Adlai E Stevenson High School
Middle School: Twin Groves Middle School
Cul-De-Sac Lot
Brick Exterior
One Fireplace

General Information

Bedrooms: 2
Bathrooms: 1
Sqft: 960
County: Lake
High School: Adlai E Stevenson High School
Listed By:
Compass 312-319-1168
MRED MLS

Room Information

Deck: 12X06
Bedroom 2: 10X10
Dining Room: 10X09
Kitchen: 10X10
Laundry: 07X05
Living Room: 16X13
Primary Bedroom: 13X10
$400,000
Est. $2,618/mo
2beds
1baths
960sqft
1cars
New to the Market Active
BEDS2 BATHS1 full SQUARE FEET960 MLS#12690922
STATUSActive PROPERTY TYPEResidential - Condominium SCHOOLDistrict 125

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For Details, Contact

Ruhl&Ruhl Realtors
563.441.1776

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273 Appletree Court, Unit 1-3-21, Buffalo Grove, IL 60089.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $400,000$400,000$400,000
Down Payment $80,000$14,000$100,000
Monthly Mortgage Amount $1,944$2,386$2,471
Taxes $557$557$557
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$176$0
Monthly Estimated Total $2,618$3,236$3,145

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