Buffalo Grove, IL Residential income properties for sale

Updated: Aug 20, 2025

Top Floor Lake View Condo

200 Lake Boulevard #452, Buffalo Grove, IL 60089

$325,000

1,800 sqft

Largest top‑floor unit with 3 bedrooms and 2 baths in the desirable Cambridge on the Lake community.
Serene water views** from every window.
Recently renovated bathrooms and redesigned kitchen with hardwood cabinetry and new refrigerator.
HOA covers water, parking, lawn care, snow removal, and provides access to a pool, clubhouse, fitness center, and landscaped grounds with walking paths.
Spacious bedrooms including a luxurious primary suite, and ample storage throughout.

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Updated: Sep 19

Upper-Level Residential Income Property

Buffalo Grove, IL 60089

$249,900

Upper‑level layout with single‑level living and vaulted ceilings
Two private balconies serve the living room and primary bedroom
Updated kitchen with stainless steel appliances, glass‑front cabinetry, and recessed lighting
Attached 1‑car garage and in‑unit laundry
New roof installed in 2022; special assessment paid in full

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See hot listings in Buffalo Grove

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Buffalo Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Palatine Condo Deconversion Opportunity

140 W Wood St, Palatine, IL 60067

$20,000,000

112,000 sqft

132-unit condo deconversion opportunity in downtown Palatine, Illinois.

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Updated Duplex in Desirable Location

1426 Chippewa Trail, Wheeling, IL 60090

$380,000

1,984 sqft

Spacious, updated 4-bedroom duplex with modern amenities and convenient location.

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Industrial Land with 260-Foot Frontage

1033 S Wheeling Road, Wheeling, IL 60090

$750,000

0.98 AC lot

Nearly one acre of INDUS-zoned industrial land on a 260x164 lot, with an on-site home needing rehab.

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Corner Residential Income Property

1 Renaissance Place #1022, Palatine, IL 60067

$172,000

High-floor residence with remodeled baths, abundant storage, and extensive shared amenities.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Lot Near Forest Preserve

1309 W Dundee Road, Palatine, IL 60074

$150,000

0.39 AC lot

Residential land for building a single-family home.

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Prime Glenview Lot Opportunity

3800 Kiess Drive, Glenview, IL 60026

$324,900

0.37 AC lot

Expansive 1/3 acre lot in desirable Glenview neighborhood.

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Downtown Commercial Land Site

206 N Cook Street, Barrington, IL 60010

$3,495,000

2.01 AC lot

Commercial land in downtown Barrington with COMMR zoning and natural gas availability.

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Residential Lot in Gated Community

1419 Somerset Place, Barrington, IL 60010

$140,000

0.13 AC lot

Ready-to-build lot in a convenient Barrington location.

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Buffalo Grove, IL Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Buffalo Grove, IL on our real estate platform. These investment opportunities span a total of 1,800 square feet of properties for sale, with an estimated market value of $574,900.

Sale prices for residential income properties in Buffalo Grove, IL start at $249,900, averaging $287,450, and reaching up to $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
60089	$287.5K

Neighborhood

Average Price

60089

$287.5K