1958 Aberdeen Court , Condo-1

    Sycamore, IL 60178
    • $549,000
    • STATUS: Active
    • ON SITE: 1316 days
    • MLS #: 08731661
    UPDATED: 62 min ago
    $549,000
    • 0
      BEDS
    • 1.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,866
      SQFT
    • $192
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2002
    County:
    Area:

    School Ratings & Info

    Description

    Excellent investment opportunity. Leased with a national tenant since 2014. Gross income for 2018 was $52,480 with a net income of $38,750. CAP rate of 7% based on 2017 income. Rent automatically increases 2.5% each year. Condo Association takes care of the common area maintenance. The 2,866 SF brick office condo is located in an established high end area of professional offices of the Midlands Professional Campus of Sycamore, IL. Centrally located between DeKalb and Sycamore. Modern Condo features high end office suites and conference room.

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    © 2019 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 Touchstone Group. Based on information submitted to the MRED as of 2019-06-26T21:51:58.82 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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    www.tsgre.com/homes/57625799

    1958 Aberdeen Court , Condo-1 Sycamore, IL 60178

    • Price: $549,000
    • Status: Active
    • Updated: 62 min ago
    • MLS #: 08731661
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.28
    Acres
    2,866
    SQFT
    $192
    $/SQFT
    2002
    Built
    Neighborhood:
    Sycamore
    County:
    De Kalb
    Area:
    Sycamore
    Property Description
    Excellent investment opportunity. Leased with a national tenant since 2014. Gross income for 2018 was $52,480 with a net income of $38,750. CAP rate of 7% based on 2017 income. Rent automatically increases 2.5% each year. Condo Association takes care of the common area maintenance. The 2,866 SF brick office condo is located in an established high end area of professional offices of the Midlands Professional Campus of Sycamore, IL. Centrally located between DeKalb and Sycamore. Modern Condo features high end office suites and conference room.
    Exterior Features

    Construction Brick Lot Dimensions 1.28 AC Lot Sq Ft 55756 Number Of TLDocks 0

    Interior Features

    Air Conditioning Central Air Fire Protection Fire Extinguisher/SSmoke Or Fire Protectors Number Of Drive In Doors 0 Number Of Stories 1

    Property Features

    Age 7-15 Years Built Before1978 YN No Current Use Office And Research Electrical Service Separate Meters101-200 Amps Expense Year 2018 Exterior Building Type Brick Geographic Locale Far West Gross Rental Income Amount 52480 Heat Ventilation Forced Air Max Avail Sq Ft Rentable 2866 Min Avail Sq Ft Rentable 2866 Net Oper Income Amount 38749 Net Operating Income Year 2018 Property Offered For Sale Only Tax Year 2018 Taxes 9259 Tenant Pays ElectricHeatJanitorialScavengerWater/Sewer Total Annual Exp 13730 Total Annual Expense Source Actual Total Annual Income 52480 Township Dekalb Zoning Type Offic

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Hoffman Realty.


    © 2019 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 Touchstone Group. Based on information submitted to the MRED as of 2019-06-26T21:51:58.82 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
     
    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647