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284/284 Appletree Court

Buffalo Grove IL 60089

2
1
1
861 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
861 sq. ft. floor area
Condo

Property history for 284/284 Appletree Court

2024
Sold
$235,000
01 Mar 2024 by Cinderella Grills, of Castle Homes Realty Inc.

Happy sellers in Buffalo Grove

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We have insufficient information to provide an overview of customer satisfaction for Buffalo Grove. Viewing the agent profiles, reviews and sales for Buffalo Grove can provide insights for this location.

Local market activity for 2 bedroom condos in Buffalo Grove

In the last 12 months, 143 two-bedroom condos similar to 284/284 Appletree Court, have been sold.

This represents a 11% decrease in two-bedroom condos sales when compared to the previous 12 months.

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