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1181 Auburn Lane # 1181 Buffalo Grove, IL $ 400,000
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1181 Auburn Lane # 1181
$ 400,000
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1181 Auburn Lane # 1181

Buffalo Grove, IL, 60089
$ 400,000
Bedrooms2 Baths1.0 Sq 1,034

Monthly Estimate*

$ 2,526

1181 Auburn Lane # 1181, Buffalo Grove, IL 60089 - Image 1

Condo for sale in Buffalo Grove, IL

for $400,000 with 2 bedrooms and 1 full bath. This 1,034 square foot condo was built in 1985.

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.

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Condo Active

Price

$ 400,000

Bedrooms

2

Full Bath

1

Property Type

Condo

Taxes

$ 5,259

Style

Manor Home/Coach House/Villa

Year Built

1985

Town/City

Buffalo Grove

County/Region

Lake

MLS | Web ID

12690966
Features
General
Living Area 1034
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
HOA Fee 327
Garage Spaces 1
Association Fee Includes Water Insurance Clubhouse Pool Exterior Maintenance Lawn Care Scavenger Snow Removal
Construction Materials Vinyl Siding Brick
Pets Allowed Number Limit
Year Built 1985
Electric Circuit Breakers
Township Vernon
Unit Number 1181
Tax Year 2024
Ownership Condo
Assoc Fee Paid Per Monthly
County Lake
New Construction N
Property Type Residential Attached Single
Association Amenities Pool
Total Rooms 5
Full Baths 1
Status New
Directions Arlington Hts. Rd North of Lake Cook Rd to Auburn East to property
High School Adlai E Stevenson High School
City Buffalo Grove
High School District 125
MLS Area Buffalo Grove
Elementary School Willow Grove Kindergarten Ctr
Tax Annual Amount 5259
Middle/Junior High School Twin Groves Middle School
Standard Status Active
Middle/Junior School District 96
Elementary School District 96
Sub Type Manor Home/Coach House/Villa
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Interior
Basement None
Flooring Laminate
Total Stories 1
Half Baths 0
Laundry Features Main Level Washer Hookup In Unit
Total Bedrooms 2
Room Type No additional rooms
Total Baths 1
Bedrooms Possible 2
Total Number of Units 4
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Exterior
Parking Features Yes Attached Garage
Water Source Lake Michigan
Total Parking 1
Lot Dimensions COMMON
Waterfront Y/N N
Other Equipment TV-Cable
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* Excluded Features
List By
Compass

Broker

alex.stoykov@compass.com

Email

Affordability Calculator

$2,964
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,526
Monthly Property Taxes
$438
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5464218 Elementary School
1536869 Middle School
Adlai E Stevenson High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/29/2026$400,000 Listed Price

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1181 Auburn Lane # 1181, Buffalo Grove, IL, 60089 is a Condo for sale at $400,000 with 1,034 sqft. 1181 Auburn Lane # 1181 has 2 bedrooms, 1.0 baths, and was built in 1985. The property's zip code is 60089 which is in Buffalo Grove, IL

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