1181 Auburn LN #1181, Buffalo Grove, IL 60089
$400,000
Est. payment /mo
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2 Beds
1 Bath
1,034 SqFt
New

1181 Auburn LN #1181 Buffalo Grove, IL 60089

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Michael Di Giovanni

Michael Di Giovanni

+1(773) 583-2274

UPDATED:

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 1,034 sqft

Price per Sqft $386

MLS Listing ID 12690966

Bedrooms 2

Full Baths 1

HOA Fees $327/mo

Rental Info Yes

Year Built 1985

Annual Tax Amount $5,259

Tax Year 2024

Lot Dimensions COMMON

Property Sub-Type Condo

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

Area Buffalo Grove

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Cooling Central Air

Flooring Laminate

Equipment TV-Cable

Fireplace N

Laundry Main Level, Washer Hookup, In Unit

Exterior

Garage Spaces 1.0

Amenities Available Pool

Building

Dwelling Type Attached Single

Building Description Vinyl Siding,Brick, No

Story 1

Sewer Public Sewer

Water Lake Michigan

Structure Type Vinyl Siding,Brick

New Construction false

Schools

Elementary Schools Willow Grove Kindergarten Ctr

Middle Schools Twin Groves Middle School

High Schools Adlai E Stevenson High School

School District 96 , 96, 125

Others

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

Ownership Condo

Special Listing Condition None

Pets Allowed Number Limit

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Alexandre Stoykov of  Compass 

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Michael Di Giovanni

Michael Di Giovanni

Broker Associate | License ID: 475119822

+1(773) 583-2274

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1181 Auburn LN #1181