Active

$400,000

1181 Auburn Ln #1181, Buffalo Grove, IL 60089

2beds

1,034sqft

$3,250/mo

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Single Family Residence

Built in 1985

-- sqft lot

$-- Zestimate^®

$387/sqft

$327/mo HOA

What's special

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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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: No additional rooms

Primary bedroom

Features: Flooring (Wood Laminate), Window Treatments (All)
Level: Main
Area: 154 Square Feet
Dimensions: 11X14

Bedroom 2

Features: Flooring (Wood Laminate), Window Treatments (All)
Level: Main
Area: 144 Square Feet
Dimensions: 12X12

Dining room

Features: Flooring (Wood Laminate), Window Treatments (All)
Level: Main
Area: 100 Square Feet
Dimensions: 10X10

Kitchen

Features: Flooring (Ceramic Tile)
Level: Main
Area: 100 Square Feet
Dimensions: 10X10

Laundry

Features: Flooring (Ceramic Tile)
Level: Main
Area: 48 Square Feet
Dimensions: 6X8

Living room

Features: Flooring (Wood Laminate)
Level: Main
Area: 260 Square Feet
Dimensions: 13X20

Heating

Natural Gas, Forced Air

Cooling

Central Air

Appliances

Laundry: Main Level, Washer Hookup, In Unit

Features

Flooring: Laminate
Basement: None

Interior area

Total structure area: 0
Total interior livable area: 1,034 sqft

Property

Parking

Total spaces: 1
Parking features: Yes, Attached, Garage
Attached garage spaces: 1

Accessibility

Accessibility features: No Disability Access

Details

Parcel number: 15323092120000
Special conditions: None
Other equipment: TV-Cable

Construction

Type & style

Home type: Condo
Property subtype: Single Family Residence

Materials

Vinyl Siding, Brick

Condition

New construction: No
Year built: 1985
Major remodel year: 2017

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Lake Michigan

Community & HOA

HOA

Has HOA: Yes
Amenities included: Pool
Services included: Water, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
HOA fee: $327 monthly

Location

Region: Buffalo Grove

Financial & listing details

Price per square foot: $387/sqft
Annual tax amount: $5,259
Date on market: 6/29/2026
Ownership: Condo

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
2/5/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
1/29/2022	Listed for rent	$1,650+6.5%$2/sqft
Source: Zillow Rental Manager Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
1/9/2020	Listing removed	$1,550$1/sqft
Source: Owner Report a problem
12/27/2019	Listed for rent	$1,550$1/sqft
Source: Owner Report a problem
10/23/2019	Sold	$150,000-11%$145/sqft
Source: MRED as distributed by MLS GRID #10514698 Report a problem
10/23/2019	Listed for sale	$168,500$163/sqft
Source: Baird & Warner #10514698 Report a problem
9/19/2019	Pending sale	$168,500$163/sqft
Source: Baird & Warner #10514698 Report a problem
9/11/2019	Listed for sale	$168,500+21.2%$163/sqft
Source: Baird & Warner #10514698 Report a problem
5/15/2015	Sold	$139,000-3.8%$134/sqft
Source: MRED as distributed by MLS GRID #08808496 Report a problem
3/21/2015	Pending sale	$144,500$140/sqft
Source: Coldwell Banker Residential Brokerage - Northwest #08808496 Report a problem
3/10/2015	Listed for sale	$144,500$140/sqft
Source: Coldwell Banker Residential Brokerage - Northwest #08808496 Report a problem
2/28/2015	Pending sale	$144,500$140/sqft
Source: Coldwell Banker Residential Brokerage - Northwest #08808496 Report a problem
2/28/2015	Listed for sale	$144,500$140/sqft
Source: Coldwell Banker Residential Brokerage - Northwest #08808496 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 60089

Getting around

50 / 100

Car-Dependent

38 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

9/10
Ivy Hall Elementary School
Grades: 1-5Distance: 0.7 mi
8/10
Twin Groves Middle School
Grades: 6-8Distance: 2.7 mi
9/10
Adlai E Stevenson High School
Grades: 9-12Distance: 3.5 mi

Schools provided by the listing agent

Elementary: Willow Grove Kindergarten Ctr
Middle: Twin Groves Middle School
High: Adlai E Stevenson High School
District: 96

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.