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
See this Listing
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
2024
Taxes
$5,259
Map
Community
- Address1181 Auburn Lane #1181 Buffalo Grove IL
- CityBuffalo Grove
- CountyLake
- Zip Code60089
Subdivisions in Buffalo Grove
- Arbors
- Astor Place
- Ballantrae
- Cambridge of Buffalo Grove
- Cambridge on the Lake
- Camelot
- Canterbury Fields
- Chatham Place
- Churchill Lane
- Concord Place
- Crossings
- Green Knolls
- Heritage Place
- Hidden Lake
- Hidden Lake Village
- Highland Grove
- Highland Point
- Le Parc
- Lexington in the Park
- Link Crossing
- Manchester Green
- Mill Creek
- Mirielle
- Oak Creek
- Old Farm Village
- Ridgewood
- River Oaks
- Rolling Hills
- Roseglen
- Spoerlein Farms
- Strathmore
- Strathmore Grove
- Suffield Place
- Summerset
- Tenerife
- The Crossings
- The Villas at Link Crossing
- Town Place
- Turnberry
- Waterbury Place
- Winchester Estates
- Windfield
- Woodlands of Fiore
- Woodstone
Market Summary
Current real estate data for Condo in Buffalo Grove as of Jul 02, 2026
60
Condo Listed
33
Avg DOM
257
Avg $ / SqFt
$329,197
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 $257. The average listing price for Condo in Buffalo Grove is $329,197.
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Copyright 2026. All rights reserved.
1181 Auburn Lane #1181
Buffalo Grove, IL
