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257 Ashland Court # 257 Buffalo Grove, IL $ 400,000
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257 Ashland Court # 257
$ 400,000
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257 Ashland Court # 257

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

Monthly Estimate*

$ 2,526

257 Ashland Court # 257, Buffalo Grove, IL 60089 - Image 1

Condo for sale in Buffalo Grove, IL

for $400,000 with 2 bedrooms and 1 full bath. This 1,000 square foot condo was built in 1986.

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

$ 6,283

Style

Manor Home/Coach House/Villa

Year Built

1986

Town/City

Buffalo Grove

County/Region

Lake

MLS | Web ID

12690890
Features
General
Living Area 1000
Sewer Storm Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Disposal Humidifier
HOA Fee 331
Garage Spaces 1
Association Fee Includes Parking Insurance Pool Lawn Care Scavenger Snow Removal Other
Construction Materials Aluminum Siding
Pets Allowed Size Limit
Year Built 1986
Electric Circuit Breakers
Township Vernon
Unit Number 257
Tax Year 2024
Ownership Condo
Assoc Fee Paid Per Monthly
County Lake
New Construction N
Property Type Residential Attached Single
Association Amenities Pool
Subdivision Name Lexington in the Park
Total Rooms 5
Full Baths 1
Status New
Directions ARL HTS RD N OF LAKE COOK RD TO AUBURN LEFT TO ASHLAND
City Buffalo Grove
High School District 125
MLS Area Buffalo Grove
Tax Annual Amount 6283
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
Total Stories 2
Half Baths 0
Laundry Features Washer Hookup
Total Bedrooms 2
Room Type Utility Room-2nd Floor Screened Porch
Total Baths 1
Bedrooms Possible 2
Total Number of Units 4
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Exterior
Exterior Amenities Balcony
Parking Features Yes Attached Garage
Water Source Lake Michigan
Total Parking 1
Foundation Details Concrete Perimeter
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded Features
List By
Compass

Broker

alex.stoykov@compass.com

Email

Affordability Calculator

$3,049
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,526
Monthly Property Taxes
$524
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
1537262 Elementary School
1538427 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/29/2026$400,000 Listed Price

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257 Ashland Court # 257, Buffalo Grove, IL, 60089 is a Condo for sale at $400,000 with 1,000 sqft. 257 Ashland Court # 257 has 2 bedrooms, 1.0 baths, and was built in 1986. The property's zip code is 60089 which is in Buffalo Grove, IL

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