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.
| MLS # | 12483956 |
|---|---|
| Listing Type | For Sale |
| Style | Office/tech |
| Sub-Type | Resale |
| Status | Active |
| Year | 2002 |
| Days On Site | 348 |
| Listing Provided By | Hoffman Realty | Matthew Hoffman |
| SQ Feet | 2,886 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Zoning | OFFIC |
| Acreage | 1.28 |
| Cooling | Central Air |
|---|
| Roof | Composition |
|---|---|
| Construction Materials | Brick |
| Electric | Circuit Breakers |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 11653 |
| State | IL |
|---|---|
| County | DeKalb |
| City | Sycamore |
| Zip Code | 60178 |
| Area | Sycamore |
| State | IL |
|---|---|
| County | DeKalb |
| City | Sycamore |
| Zip Code | 60178 |
| Area | Sycamore |