Description for
1958 Aberdeen Court #1Sycamore, IL 60178
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
$540,000
De Kalb
2,886 (approx)
11711572
Active
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.
Listing Information
Property Type: Office, Business Opportunities, 1 Story
1.28 Acres
2,886 (approx)
2002
1
Brick
1 Total
Office
Neighborhood
Room Information
Interior Features
Central Air
Exterior / Lot Features
Brick
Composition
1.28 ACRES
OFFIC
Driving Directions
From State Hwy 23 to Bethany Rd., east to Aberdeen Court
Financial Considerations
0801475010
$10,102
Listing Price History
Sycamore Real Estate
Sycamore is located in Illinois.
Sycamore, Illinois 60178 has a population of 18,032.
The median household income in Sycamore, Illinois 60178 is
$76,529.
The median household income for the surrounding county is $64,842
compared to the national median of $66,222.
The median age of people living in Sycamore 60178 is 33 years.
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Courtesy: Hoffman Realty
Listings courtesy of MRED as distributed by MLS GRID
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