273 Appletree CT #1-3-21, Buffalo Grove, IL 60089

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Additional details
Goran Utvic

Goran Utvic

+1(773) 273-9155
Listed by Alexandre Stoykovof Compass
-
Est. payment | /mo

2 Beds

1 Bath

960 SqFt

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-
Est. payment | /mo
Save

2 Beds

1 Bath

960 SqFt

Key Details

Property Type Condo

Sub Type Manor Home/Coach House/Villa

Listing Status Active

Purchase Type For Sale

Square Footage 960 sqft

MLS Listing ID 12690922

Bedrooms 2

Full Baths 1

HOA Fees $358/mo

Year Built 1984

Annual Tax Amount $6,248

Tax Year 2025

Lot Dimensions COMMON

Property Sub-Type Manor Home/Coach House/Villa

Property Description

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.

Location

State IL

County Lake

Rooms

Basement None

Interior

Interior Features Cathedral Ceiling(s), Built-in Features, Bookcases

Heating Natural Gas, Forced Air

Cooling Central Air

Flooring Laminate

Fireplaces Number 1

Fireplaces Type Gas Starter

Fireplace Y

Appliance Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal

Laundry In Unit

Exterior

Garage Spaces 1.0

Community Features Pool, Security Door Lock(s), Ceiling Fan, Clubhouse

View Y/N true

Roof Type Asphalt

Building

Lot Description Cul-De-Sac

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

New Construction false

Schools

Elementary Schools Ivy Hall Elementary School

Middle Schools Twin Groves Middle School

High Schools Adlai E Stevenson High School

School District 96, 96, 125

Others

Pets Allowed Cats OK, Dogs OK

HOA Fee Include Water,Insurance,Clubhouse,Pool,Exterior Maintenance,Lawn Care,Snow Removal

Ownership Condo

Special Listing Condition None

Midwest Real Estate Data (MRED) VOW
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.

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Goran Utvic
Goran Utvic

Real Estate Broker/Construction Consultant

+1(773) 273-9155 | sold@myhouseisworth.info

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273 Appletree CT #1-3-21

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