1958 Aberdeen Court #1 Active

Sycamore,IL 60178

$ 540000

- Bed

- Bath

2886 SqFt


Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 2,886 sqft

Price per Sqft $187

MLS Listing ID 12483956

Year Built 2002

Annual Tax Amount $11,653

Tax Year 2024

Lot Size 1.280 Acres

Lot Dimensions 1.28 ACRES

Property Sub-Type Office/Tech

Property Description

Excellent investment opportunity. Leased with a national tenant since 2014. Gross income for 2024 was approximately $65,784 with income of $44,682. CAP rate of 8 based on 2024 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.

Location

State IL

County Dekalb

Zoning OFFIC

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

Roof Type Composition

Building

Structure Type Brick

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