IL 60089 Buffalo Grove 1181 Auburn Lane #1181 MLS #MRD12690966 |

1181 Auburn Lane #1181
Buffalo Grove, IL, 60089
$400,000
2 Beds
1 Baths
1,034 SqFt
0 Acres
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MLS #MRD12690966 image #0
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.

Property Details

Price:
$400,000
MLS #:
MRD12690966
Status:
Active
Beds:
2
Baths:
1
Type:
Condo
Neighborhood:
buffalogrove
Listed Date:
Jun 29, 2026
Finished Sq Ft:
1,034
Year Built:
1985
Parking TotalBuffalo GroveBuffalogroveWillow Grove Kindergarten CtrTwin Groves Middle SchoolAdlai E Stevenson High SchoolNumber Limit

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Schools

School District:
125
Elementary School:
Willow Grove Kindergarten Ctr
Middle School:
Twin Groves Middle School
High School:
Adlai E Stevenson High School

Interior

Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Laminate
Heating
Natural Gas, Forced Air
Laundry Features
Main Level, Washer Hookup, In Unit

Exterior

Association Amenities
Pool
Construction Materials
Vinyl Siding, Brick
Garage Spaces
1
Parking Features
Yes, Attached, Garage
Parking Spots
1
Parking Total
1

Financial

HOA Fee
$327
HOA Fee Frequency
Monthly
HOA Includes
Water, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Tax Year
2025
Taxes
$5,526

Map

Community

Market Summary

Current real estate data for Condo in Buffalo Grove as of Sep 02, 2026
49
Condo Listed
42
Avg DOM
252
Avg $ / SqFt
$331,063
Avg List Price

Property Summary

    1181 Auburn Lane #1181 Buffalo Grove IL is a Condo for sale in Buffalo Grove, IL, 60089. It is listed for $400,000 and features 2 beds, 1 baths, and has approximately 1,034 square feet of living space, and was originally constructed in 1985. The current price per square foot is $387. The average price per square foot for Condo listings in Buffalo Grove is $252. The average listing price for Condo in Buffalo Grove is $331,063.

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1181 Auburn Lane #1181
Buffalo Grove, IL
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