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Listing provided courtesy of CompassMREDas Distributed by MLSGrid- MLS# 12690922MLS Provider

273 Appletree Court #1-3-21Buffalo Grove, IL 60089

Condo/Townhouse · 2 Beds · 1 Full Bath · 960 Sq. ft.
$400,000 New

273 Appletree Court #1-3-21 Overview

Time on Site:
17 hours
Visits:
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.

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273 Appletree Court #1-3-21 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 960
  • Price/Sq.ft. $417

Details

General

Association/HOA

  • Association Amenities: Pool, Security Door Lock(s), Ceiling Fan, Clubhouse
  • Association Fee: $358.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Snow Removal

School Information

  • School District: 125
  • Elementary School: Ivy Hall Elementary School
  • Middle Or Junior School: Twin Groves Middle School
  • High School: Adlai E Stevenson High School

Building Information

  • New Construction: No
  • Year Built: 1984

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Buffalo Grove
  • Township: Vernon

Tax Information

  • Tax Annual Amount: $5,956.00
  • Tax Year: 2024

General Information

  • Ownership: Condo
  • Parcel Number: 15323090590000
  • Pets Allowed: Cats OK, Dogs OK
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Parking Information

  • Garage Spaces: 1

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2
  • Bedrooms Possible: 2

Building Interior

  • Fireplace Location: Living Room

General Information

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Fireplace Features: Gas Starter
  • Fireplaces Total: 1
  • Flooring: Laminate
  • Foundation Details: Concrete Perimeter
  • Heating: Natural Gas, Forced Air
  • Interior Features: Cathedral Ceiling(s), Built-in Features, Bookcases
  • Laundry Features: In Unit
  • Living Area: 960
  • Living Area Source: Assessor
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s)
  • Rooms Total: 5
  • Stories Total: 2
  • Window Features: Screens

Unit Information

  • Unit Number: 1-3-21

Exterior

Parking Information

  • Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
  • Parking Total: 1

Lot Information

  • Lot Features: Cul-De-Sac
  • Lot Size Dimensions: COMMON
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick, Frame
  • Roof: Asphalt

General Information

  • Sewer: Public Sewer

Room Information

Room: Bedroom 2

  • Level: Main
  • Dimensions: 10X10

Room: Deck

  • Level: Main
  • Dimensions: 12X06

Room: Dining Room

  • Level: Main
  • Dimensions: 10X09

Room: Kitchen

  • Level: Main
  • Dimensions: 10X10

Room: Laundry

  • Level: Main
  • Dimensions: 07X05

Room: Living Room

  • Level: Main
  • Dimensions: 16X13

Room: Master Bedroom

  • Level: Main
  • Dimensions: 13X10

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 3

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Family Room

  • Level: N/A

273 Appletree Court #1-3-21 Neighborhood

Community

60089 (BUFFALO GROVE) Demographics

42
Median Age
4,169
Population Density (per sq. mile)
73%
College Educated
$118,033
Estimated Median Income
12,083
Estimated Total Home Owners
3,174
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

273 Appletree Court #1-3-21 Monthly Cost

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Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

273 Appletree Court #1-3-21 Market Data

Based on the last 30 days in this zip code

$492,644
Average List Price
$258
Average Price per Square Foot
51
Properties Sold
39
Average Days on Market
140
Properties for Sale
Calculations provided by Reliance Network

273 Appletree Court #1-3-21 History

Date Event Value Agent
6/29/2026Source: MRED Added to Database
June 29, 2026