photo of Nikki Mayer
Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com
1958 Aberdeen Court 1
Sycamore, IL 60178
$540,000.00 listing calculator

Listing Description


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.