1181 Auburn Lane #1181, Buffalo Grove, IL 60089

Buffalo Grove
Local realty services provided by:ERA Naper Realty
1181 Auburn Lane #1181,Buffalo Grove, IL 60089
$400,000
  • 2 Beds
  • 1 Baths
  • 1,034 sq. ft.
  • Condominium
  • Active
Listed by: alexandre stoykov
Office: compass
MLS#:12690966
Source:MLSNI

Price summary

  • Price:$400,000
  • Price per sq. ft.:$386.85
  • Monthly HOA dues:$327

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.

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Home facts

  • Year built:1985
  • Listing ID #:12690966
  • Updated:June 30, 2026 at 11:12 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Living area:1,034 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:1985
  • Building area:1,034 sq. ft.

Schools

  • High school:Adlai E Stevenson High School
  • Middle school:Twin Groves Middle School
  • Elementary school:Willow Grove Kindergarten Ctr

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$400,000
  • Price per sq. ft.:$386.85
  • Tax amount:$5,259 (2024)

Features and amenities

  • Amenities:TV-Cable
  • Pool features:Pool

Parking

  • Total parking spaces:1
  • Parking description:Attached Garage, Garage
  • Garage:Yes
  • Garage spaces:1
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