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1958 Aberdeen Court , #1

Sycamore, IL 60178
  • $540,000
  • STATUS: Active
  • ON SITE: 470 Days
  • MLS #: 11711572
UPDATED: 135 min ago
$540,000
  • 0
    BEDS
  • 1.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2002
County:
Area:

School Ratings & Info

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.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2024-05-17T22:01:26.27 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1958 Aberdeen Court , #1 Sycamore, IL 60178

  • Price: $540,000
  • Status: Active
  • On Site: 470 Days
  • Updated: 135 min ago
  • MLS #: 11711572
0
Beds
0
Baths
0
½ Baths
1.28
Acres
2002
Built
Neighborhood:
Sycamore
County:
De Kalb
Area:
Sycamore
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.
Exterior Features

Exterior Building Type Brick Frontage Type City Street Outdoor Parking 19-30 Spaces Roof Composition Roof Structure Hip

Interior Features

Cooling Central Air Heat Ventilation Central Bldg HeatGas Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age 16-25 Years Building Area Total 2886 Built Before1978 YN No Current Use Office Electric Circuit Breakers Fire Protection Fire Extinguisher/sSmoke or Fire Protectors Geographic Locale Far West Gross Income 65784 Gross Scheduled Income 65784 Leasable Area 2866 Location Commercial Business Park Mls Actual Status Active Net Operating Income 44682 Number Of Tenants 1 Operating Expense 11000 Property Offered For Sale Only Property Sub Type Condominium Rental Price 0 Tax Annual Amount 10102 Tax Year 2021 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceTaxesInsurance Total Monthly Income 5482 Type Office/Tech Zoning OFFIC

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Hoffman Realty: 815-522-3255.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2024-05-17T22:01:26.27 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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