1181/1181 Auburn Ln

Buffalo Grove IL 60089

1034 sq. ft.

Condo

Currently for sale - view listing

Overview

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.

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

1034 sq. ft. floor area

Condo

Property history for 1181/1181 Auburn Ln

2019

Sold

$150,000

23 Oct 2019 by Thomas Gilfillan, of Baird & Warner

2015

Sold

$139,000

15 May 2015 by Christen Woods, of Coldwell Banker Realty

Happy sellers in Buffalo Grove

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