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$400,000

  • For Sale
  • Active
  • Condo / Townhouse
  • 2 Beds
  • 1 Full Bath
  • 1,000 Sq. Ft.
  • 1 Car Garage
  • Updated 1 day ago
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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.

Full Property Details for 257 Ashland Ct #257

General

  • Price: $400,000
  • HOA FEE: $331/month
  • Taxes: $6,283 (2024)
  • Status: Active
  • Type: Condo /Townhouse
  • Source: MRED
  • MLS ID: 12690890

Interior

  • Basement: None
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Humidifier

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Pool
  • Other Features: School Bus Service

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Yes, Attached, Garage

Location

  • Area: Buffalo Grove
  • County: Lake
  • Township: Vernon
  • Subdivision: Lexington in the Park
  • Driving Directions: ARL HTS RD N OF LAKE COOK RD TO AUBURN LEFT TO ASHLAND

School Information

  • School District: 96
  • Elem School District: 96
  • Midd School District: 96
  • High School District: 125

Community

  • Assoc. Fees Include: Parking, Insurance, Pool, Lawn Care, Scavenger, Snow Removal, Other
  • Pets Allowed: Yes
  • Pets: Size Limit
  • Pet Restrictions: Size Limit, / 999lbs.

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Storm Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Manor Home/Coach House/Villa
  • Construction: Aluminum Siding
  • Exterior Const.: Aluminum Siding
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Common Walls: End Unit
  • Windows: Screens
  • Entry Floor Number: 2
  • Stories/Levels: 2
  • Square Feet: 1,000
  • Sq. Ft. Source: Estimated
  • Year Built: 1986

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Dimensions: COMMON

Animals

  • Animals Allowed: Size Limit

Financial Considerations

  • Association Fee: $331
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1986
  • Tax Amount: $6,283
  • Tax Year: 2024
  • Pays Sewer: Storm Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 15323090050000

Listed by Compass

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— 257 Ashland Ct #257 —

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 257 Ashland Ct #257

School Districts:Kildeer Countryside Community Consolidated School District 96, Adlai E. Stevenson High School District 125
NameGradesDistance
Ivy Hall Elementary School
1072 Ivy Hall Lane, Buffalo Grove, IL 60089
1-50.7 mi
Willow Grove Kindergarten Center
777 Checker Drive, Buffalo Grove, IL 60089
PK-K0.8 mi
Twin Groves Middle School
2600 North Buffalo Grove Road, Buffalo Grove, IL 60089
6-82.7 mi
Adlai E Stevenson High School
1 Stevenson Drive, Lincolnshire, IL 60069
9-123.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 257 Ashland Ct #257

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,283
3%
$68,960
9%
2024
$6,109
7%
$63,114
6%
2023
$5,727
4%
$59,552
8%
2022
$5,513
2%
$54,926
1%
2021
$5,392
2%
$54,334
—
2020
$5,306
—
$54,519
—
2019
$5,306
11%
$54,318
10%
2018
$4,763
4%
$49,351
2%
2017
$4,591
2%
$48,199
4%
2016
$4,481
2%
$46,154
7%
2015
$4,378
2%
$43,163
—
2014
$4,285
2%
$43,163
6%
2013
$4,182
21%
$40,637
-2%
2012
$3,468
—
$41,410
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 257 Ashland Ct #257

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257 Ashland Court #257, Buffalo Grove, IL 60089 (MLS# 12690890) is a Condo / Townhouse property with 2 bedrooms and 1 full bathroom. 257 Ashland Court #257 is currently listed for $400,000 and was received on June 29, 2026. Want to learn more about 257 Ashland Court #257? Do you have questions about finding other Condo / Townhouse real estate for sale in Buffalo Grove? You can browse all Buffalo Grove real estate or contact a Coldwell Banker agent to request more information.

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