Primary listing photo

284 Appletree Ct #284, Buffalo Grove, IL, 60089

2beds
1baths
861sqft
$400,000
$465price/sqft
$3,048/moest. monthly cost
$121,920/yrincome needed

About This Home

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.

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

9/10
8/10
9/10

Construction

Condition

  • Year built: 1985

Materials

  • Construction materials: Vinyl Siding,Brick

Other

  • Builder model: POPLAR

Type & Style

  • Home type: Condo
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer
  • Laundry features: Upper Level,Washer Hookup

Balcony Porch Lanai

  • Level: Second
  • Area: 96
  • Dimensions: 16X6

Basement

  • Basement: None

Bedroom2

  • Features: Flooring (Carpet),Window Treatments (Blinds)
  • Level: Second
  • Area: 110
  • Dimensions: 11X10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Flooring (Carpet),Window Treatments (Blinds)
  • Level: Second
  • Area: 90
  • Dimensions: 10X9

Features

  • Cathedral Ceiling(s),Walk-In Closet(s),Pantry

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0
  • Total interior livable area: 861 sqft

Kitchen

  • Features: Kitchen (Eating Area-Table Space,Pantry-Closet,Custom Cabinetry,Updated Kitchen),Flooring (Ceramic Tile)
  • Level: Second
  • Area: 100
  • Dimensions: 10X10

Laundry

  • Features: Flooring (Vinyl)
  • Level: Second
  • Area: 40
  • Dimensions: 8X5

Living Room

  • Features: Flooring (Carpet),Window Treatments (Blinds)
  • Level: Second
  • Area: 228
  • Dimensions: 19X12

Master Bedroom

  • Features: Flooring (Carpet),Window Treatments (Blinds)
  • Level: Second
  • Area: 154
  • Dimensions: 14X11

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 15323090530000
  • Special condition: None

Features

  • Pool features: In Ground
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Back of Property
  • Has water view: Yes
  • Water view: Back of Property
  • On waterfront: Yes

Parking

  • Total spaces: 1
  • Parking features: Asphalt,Garage Door Opener,Yes,Garage Owned,Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes