Bob Hilbert
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
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.
Property Highlights
Property Type: Residential - Condominium
Total Living Area SF: 861
Garage Size: 1
Attached Garage
Built in 1985
Elementary School: Ivy Hall Elementary School
High School: Adlai E Stevenson High School
Middle School: Twin Groves Middle School
River Front
Brick Exterior
General Information
Bedrooms: 2
Bathrooms: 1
Sqft: 861
County: Lake
High School: Adlai E Stevenson High School
Subdivision: Lexington in the Park
Listed By:
Compass
312-319-1168
MRED MLS
MLS ID: 12690931
Room Information
Balcony/Porch/Lanai: 16X6
Bedroom 2: 11X10
Dining Room: 10X9
Kitchen: 10X10
Laundry: 8X5
Living Room: 19X12
Primary Bedroom: 14X11
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284 Appletree Court, Unit 284, Buffalo Grove, IL 60089.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $400,000 | $400,000 | $400,000 |
| Down Payment | $80,000 | $14,000 | $100,000 |
| Monthly Mortgage Amount | $1,944 | $2,386 | $2,471 |
| Taxes | $557 | $557 | $557 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $176 | $0 |
| Monthly Estimated Total | $2,618 | $3,236 | $3,145 |
Bob Hilbert
REALTOR®
Cell: (563) 340-9593
Licensed in IA & IL
DeWitt Office
903 Sixth Avenue
DeWitt, IA 52742
(563) 659-9433
DeWitt, IA 52742
(563) 659-9433
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