257/257 Ashland Ct

Buffalo Grove IL 60089

1000 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

1000 sq. ft. floor area

Condo

Property history for 257/257 Ashland Ct

2019

Sold

$164,700

28 Jun 2019 by John Stocki, of Baird & Warner

2008

Sold

$180,000

07 May 2008 by Tad Szmelter, of Coldwell Banker Residential Brokerage

Happy sellers in Buffalo Grove

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