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    705 Grove Dr, Unit 101 Buffalo Grove, IL 60089

    For Sale
    $240,000

    3-bedroom, 2-bathroom condo in prime Buffalo Grove location.

    Property Features for 705 Grove Dr

    General Information

    Interior features
    Interior Feature 1, : "Wall Unit(s)", "Interior Feature 2": "Baseboard"

    Building Details

    Year built
    1971

    Source: Home Realty Group Agent Nasko Ivanov

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Buffalo Grove First-Floor Condo

    This first-floor condo in Buffalo Grove features 3 bedrooms and 2 bathrooms, offering a generous layout. The property includes a lower-level common area with a secure storage locker and coin-operated laundry. The location provides convenient access to schools, shopping, parks, and major highways. The property is suitable for both homeowners and investors.
    Location Intelligence

    Current Use by Public Records

    Chris Ligeza Photo Photography Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo Grove
    County
    Lake
    State
    Illinois
    Longitude
    -87.9872799
    Latitude
    42.1414836

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    FAQs

    What type of property is this?
    Apartment building - 3-bedroom, 2-bathroom condo in prime Buffalo Grove location.
    Where is this apartment building located?
    The property is located at 705 Grove Dr, Unit 101 Buffalo Grove, IL.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: - First-floor unit in a desirable Buffalo Grove location.; - Three bedrooms and two bathrooms.; - Low property taxes and affordable association dues covering most utilities.
    Request Owner's contact information
    705 Grove Dr, Unit 101 Buffalo Grove, IL 60089
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    Buffalo Grove, IL 60089
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    705 Grove Dr, Unit 101 Buffalo Grove, IL 60089
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