Estimated payment $3,087/month
Highlights
- Main Floor Bedroom
- L-Shaped Dining Room
- Cul-De-Sac
- Ivy Hall Elementary School Rated A
- Community Pool
- 1 Car Attached Garage
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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,397
Year Built
- Built in 1985
HOA Fees
- $355 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Available
- Garage Door Opener
- Parking Included in Price
Home Design
- Villa
- Entry on the 1st floor
- Brick Exterior Construction
- Aluminum Siding
Interior Spaces
- 931 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Family Room
- Living Room
- L-Shaped Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Main Floor Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Schools
- Ivy Hall Elementary School
- Twin Groves Middle School
- Adlai E Stevenson High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Patio
- Cul-De-Sac
Community Details
Overview
- Association fees include water, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
- 4 Units
- Alyssa Gurka Association, Phone Number (847) 991-6000
- Lexington In The Park Subdivision
- Property managed by ROWELL
Recreation
- Community Pool
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,397 | $70,212 | $25,425 | $44,787 |
| 2024 | $6,098 | $64,260 | $23,270 | $40,990 |
| 2023 | $5,995 | $59,445 | $21,526 | $37,919 |
| 2022 | $5,995 | $57,489 | $20,817 | $36,672 |
| 2021 | $5,770 | $56,870 | $20,593 | $36,277 |
| 2020 | $5,634 | $57,064 | $20,663 | $36,401 |
| 2019 | $5,554 | $56,854 | $20,587 | $36,267 |
| 2018 | $3,538 | $48,462 | $22,376 | $26,086 |
| 2017 | $3,461 | $47,331 | $21,854 | $25,477 |
| 2016 | $3,333 | $45,323 | $20,927 | $24,396 |
| 2015 | $3,184 | $42,386 | $19,571 | $22,815 |
| 2014 | $3,310 | $43,144 | $21,020 | $22,124 |
| 2012 | $3,334 | $43,230 | $21,062 | $22,168 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/29/2026 06/29/26 | For Sale | $400,000 | 0.0% | $430 / Sq Ft | |
| 03/27/2018 03/27/18 | Rented | $1,600 | 0.0% | -- | |
| 03/14/2018 03/14/18 | Price Changed | $1,600 | -3.0% | $2 / Sq Ft | |
| 01/31/2018 01/31/18 | For Rent | $1,650 | 0.0% | -- | |
| 01/30/2018 01/30/18 | Sold | $165,000 | -2.4% | $177 / Sq Ft | View Prior Sale |
| 01/08/2018 01/08/18 | Pending | -- | -- | -- | |
| 01/08/2018 01/08/18 | For Sale | $169,000 | -- | $182 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $180,000 | Chicago Title | |
| Executors Deed | $165,000 | Chicago Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $138,000 | -- | |
| Trustee Deed | $104,000 | -- | |
| Warranty Deed | $103,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $140,000 | Unknown | |
| Previous Owner | $124,200 | FHA | |
| Previous Owner | $124,200 | No Value Available | |
| Previous Owner | $98,000 | Unknown |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12690944
APN: 15-32-309-159
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