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284 Appletree Court #284

Buffalo Grove, IL 60089
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Bed 2

Bed

Bath 1

Bath

SqFt861

Sqft

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.

Detail Ic Property Details

Property Type : Residential

Price : $400,000

AD Id : 87078054

MLS Id : MRD12690931

Beds : 2

Living Area Size : 861

Year Built : 1985

Garage : 1

County : Lake

Subdivision: Lexington In The Park

  • Map Map

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Feature Features

  • Bedroom Information

    Total Bedroom: 2 Room Types: Balcony/Porch/Lanai

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 5

    Interior Features

    Cathedral Ceiling(s), Walk-In Closet(s), Pantry Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer Laundry Features: Upper Level, Washer Hookup
  • Flooring Information

    Construction Materials: Vinyl Siding, Brick
  • Heating & Cooling

    Heating: Natural Gas, Forced Air Cooling: Central Air Water front: 1 WaterSource: Lake Michigan

  • Building Information

    Year Built: 1985
  • Exterior Features

    Balcony Construction Materials: Vinyl Siding, Brick
  • Pool Features

    Private Pool: In Ground

  • Lot Information

    Lot Dimensions: COMMON

    Property Information

    Property Type: Residential Sub Type: Attached Single Type Attached: Manor Home/Coach House/Villa

  • Listing Price Information

    Original List Price:$400000

  • Tax Information

    Annual Tax: $2948 Tax Year: 2024 Parcel Number: 15323090530000

  • Parking Information

    Total Parking: 1 Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage Is Parking Included in Price: Yes

    Garage Information

    Garage Space: 1

    Homeowners Association Information

    Included Fees: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal Included Amenities: Party Room, Sundeck, Pool, Clubhouse, School Bus HOA: $331.00 Monthly

  • School Information

    Elementary School: Ivy Hall Elementary School Junior High School: Twin Groves Middle School Senior High School: Adlai E Stevenson High School
  • Utility Information

    Sewer: Public Sewer Water Source: Lake Michigan
  • Location Information

    Subdivision: Lexington in the Park City: Buffalo Grove Direction: ARL. HTS RD N. OF LAKE COOK TO AUBURN E TO APPLETREE Ct N
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1260 Franklin Lane, Buffalo Grove, IL, 60089 $419,000 3 3 --
665 Grove Drive #209, Buffalo Grove, IL, 60089 $163,000 2 1 900 900 SqFt
232 Winding Oak Lane #25, Buffalo Grove, IL, 60089 $279,000 2 1 1,035 1,035 SqFt
631 Thompson Boulevard, Buffalo Grove, IL, 60089 $599,000 4 3 1,924 1,924 SqFt
Undisclosed Address, Buffalo Grove, IL, 60089 $460,000 3 3 1,926 1,926 SqFt
470 Highland Grove Drive, Buffalo Grove, IL, 60089 $599,900 4 3 2,124 2,124 SqFt
750 Dunhill Drive, Buffalo Grove, IL, 60089 $629,900 4 3 2,518 2,518 SqFt
409 Chicory Lane, Buffalo Grove, IL, 60089 $720,000 5 4 2,950 2,950 SqFt
260 Raymond Road, Buffalo Grove, IL, 60089 $824,340 3 3 2,470 2,470 SqFt
2721 Acacia Terrace, Buffalo Grove, IL, 60089 $1,190,000 6 6 4,380 4,380 SqFt
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ByOwner last updated this listing 07/01/2026 @ 18:20

MLS: MRED #12690931 LISTED BY: Alexandre Stoykov, Compass 312-319-1168 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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