1181 Auburn LN #1181, Buffalo Grove, IL 60089
Listed by Alexandre Stoykovof Compass
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Est. payment /mo
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2 Beds
1 Bath
1,034 SqFt
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1181 Auburn LN #1181 Buffalo Grove, IL 60089

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Patrick Clarke

Patrick Clarke

+1(708) 691-4052

UPDATED:

Key Details

Property Type Condo

Sub Type Manor Home/Coach House/Villa

Listing Status Active

Purchase Type For Sale

Square Footage 1,034 sqft

MLS Listing ID 12690966

Bedrooms 2

Full Baths 1

HOA Fees $327/mo

Year Built 1985

Annual Tax Amount $5,259

Tax Year 2024

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

Heating Natural Gas, Forced Air

Cooling Central Air

Flooring Laminate

Fireplace N

Laundry Main Level, Washer Hookup, In Unit

Exterior

Garage Spaces 1.0

Community Features Pool

View Y/N true

Building

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

Pets Allowed Number Limit

HOA Fee Include Water,Insurance,Clubhouse,Pool,Exterior Maintenance,Lawn Care,Scavenger,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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1181 Auburn LN #1181

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Patrick Clarke
Patrick Clarke

Broker | License ID: 471.007683

+1(708) 691-4052

9755 W. 143rd St., Park, IL., 60462

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