Address
1958 Aberdeen Court # 1, Sycamore, IL
Price
$ 540,000
Property Attributes
  • MLS#11711572
  • TypeCommercial
  • CountyDE KALB
  • CitySycamore
  • AreaSycamore
  • Zip60178
  • StyleOffice
  • Year Built2002
  • Taxes$ 10102
  • Price$ 540,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2886
  • Lot Size1.28 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Excellent investment opportunity. Leased with a national tenant since 2014. Gross income for 2022 was approximately $65,784 with net income of $44,682. CAP rate of 8.2% based on 2022 income. Rent increases 2.5% annually. Condo Association takes care of the common area maintenance. The 2,886 SF brick office condo is located in an established high end area of medical and professional buildings of the Midlands Professional Campus of Sycamore, IL. Centrally located DeKalb and Sycamore. The condo features suites and conference room. Great privacy since the building consists of only 2 condo units.

Price History
2/13/2024 Listed $540,000

General Features

Cooling Central Air
Roof Composition
Zoning OFFIC
Construction Materials Brick
Year Built 2002
Electric Circuit Breakers
Tenant Pays Air Conditioning,Common Area Maintenance,Electricity,Heat,Janitorial Service,Taxes,Insurance
Stories 1
Unit Number 1
Property SubType Condominium
Tax Year 2021
Current Use Office
Gross Income 65784
County De Kalb
Net Operating Income 44682
Operating Expense 11000
Property Type Commercial Sale
Status Active
Directions From State Hwy 23 to Bethany Rd.,east to Aberdeen Court
City Sycamore
Total Units 1
MLS Area Sycamore
Lot Size Square Feet 55756
Street Name Aberdeen
Tax Annual Amount 10102
Additional Parcels Y/N No
Leasable Area 2866
Days on Market 382
Standard Status Active
Property Type Office/Tech

Interior Features

Street Suffix Court

Exterior Features

Building Area Total 2886
Lot Dimensions 1.28 ACRES
Lot Size Acres 1.28
Frontage Type City Street
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60178

Price
AVG $280K
$540K
Taxes
AVG $17,973
$10,102
Visits
AVG 145
58
Data Provided by Inside Real Estate®
Year Built
AVG 1994
2002

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