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.
1958 Aberdeen Court 1 Sycamore, IL 60178
For Sale
1958 Aberdeen Court 1
Sycamore, IL 60178
Price: $540,000
Type:
Commercial Sale
Condominium
Lot Size (Acres): 1.28
Agent:
Matthew Hoffman
Agent Email: mhoffmanrealty@yahoo.com
Broker:
Hoffman Realty
Broker Phone: 815-522-3255
Broker Email: crazykayakman@yahoo.com