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$400,000
5 Days On Site

257 Ashland Court 257
Buffalo Grove, IL 60089

For Sale|Condominium|Active
2
Beds
1
Total Bath
1
Full Bath
1,000
SqFt
$400
/SqFt
1986
Built
Subdivision:
Lexington in the Park
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of Compass
Call Now: 847.967.0022
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847.967.0022
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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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Listing Snapshot
Price 
$400,000
Days On Site 
5 Days
Bedrooms 
2
Inside Area (SqFt) 
1,000 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1986
MLS® Number 
12690890
Status 
Active
Property Tax 
$6,283
HOA/Condo/Coop Fees 
$331 monthly
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
5 days agoListing first seen on site
General Features
Attached Garage 
Yes
Direction Faces 
East
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
2
Parking 
AttachedGarage
Parking Spaces 
1
Pets 
Size Limit
Property Sub Type 
Condominium
Interior Features
Appliances 
RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposalHumidifier
Basement 
None
Cooling 
Central Air
Electric 
Circuit Breakers
Heating 
Natural GasForced Air
Laundry Features 
Washer Hookup
Window Features 
Screens
Bedroom 2 
Dimensions - 10X10Level - Second
Bedroom 3 
Bedroom 4 
Dining Room 
Dimensions - 9X9Level - Second
Family Room 
Kitchen 
Dimensions - 10X9Level - SecondDescription - Eating Area-Table Space
Laundry 
Living Room 
Dimensions - 19X12Level - Second
Master Bedroom 
Dimensions - 14X11Level - Second
Screened Porch 
Dimensions - 4X6Level - Main
Utility Room-2nd Floor 
Dimensions - 3X3Level - Second
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Exterior Features
Construction Details 
Aluminum Siding
Exterior 
Balcony
Patio And Porch 
Screened
Roof 
Asphalt
Windows/Doors 
Screens
Community Features
Association Amenities 
Pool
Association Dues 
331
HOA Fee Frequency 
Monthly
MLS Area 
Buffalo Grove
School District 
125
Township 
Vernon
Schools
School District
125
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Compass



Based on information submitted to the MLS GRID as of 2026-07-05 12:19 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-07-05 12:19 AM UTC
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Neighborhood & Commute
Source: Walkscore
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