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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This listing looks promising.

Here's a quick look at some key insights for

200 Lake Boulevard #452, Buffalo Grove, IL 60089

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Est. Cap Rate

6.8%
Above avg (5.9%)
Est. NOI

$22K
Annual
Price @ 7% Cap

$317K
Suggested
Property Type

Miscellaneous (Residential)
Built 1975

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

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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Brick Multifamily Building with Balconies

1875 N Green Lane N, Palatine, IL 60074

$999,000

0.06 AC lot

Brick apartment building on a small lot, built in 1985, with balcony units and ample on-site parking.

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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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Garden-Style Multifamily Building with Balconies

1875 N Green Lane N, Palatine, IL 60074

Contact for pricing

Spacious 3- and 4-bedroom-style units with balconies, supported by on-site parking and shared exterior maintenance expenses.

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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.

Palatine Land Near Train Station

628 S WILKE Road, Palatine, IL 60074

$465,000

1.00 AC lot

Two buildable lots near train, expressways, airport, and shopping.

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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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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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Residential Land with Development Potential

21763 N Deerpath Road, Lake Zurich, IL 60047

$799,900

Land with two homes, potential for single-family home subdivision.

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Buffalo Grove, IL Residential Income Properties Market Trends and Statistics

Explore 1 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 $325,000.

Sale prices for residential income properties in Buffalo Grove, IL average $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	$325K

Neighborhood

Average Price

60089

$325K

Buffalo Grove, IL Residential Income Properties for Sale

200 Lake Boulevard #452, Buffalo Grove, IL 60089