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    1126 E State St Sycamore, IL 60178

    Sponsored
    For Sale
    $675,000

    COMMERCIAL - Sycamore, IL

    Type:Retail
    Lot size:
    1.77 Acres
    Days on Market:
    81
    Last Refresh:
    Jan 18 at 4:06 pm

    Property Features for 1126 E State St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COMMR
    APN
    0633400014
    Lot size
    1.77 Acres

    Utilities

    Utilities
    Water Available
    Cooling system
    Central Air, Other (Cooling)
    Water source
    Well

    Building Details

    Year built
    1951
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Vinyl, Varies, Concrete
    Building materials
    Aluminum Siding, Cedar, Glass
    Roof type
    Composition, Metal

    We can help!

    Listing Contact
    Alison Rosenow
    Alison Rosenow

    American Realty (815) 991-5298 [email protected]

    Listing agent Alison Rosenow (815) 762-5226

    Listing date Oct 30, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Versatile Commercial Property in Sycamore

    This nearly 2-acre commercial property is located in Sycamore, approximately 65 miles west of Chicago, adjacent to Sycamore Park District parks, trails, and amenities. The main commercial building spans 7503 square feet and includes retail or shop space, multiple storage rooms, private offices, a bathroom, and multiple garage bays. An attached 1,500 square foot greenhouse/atrium provides an open, flexible environment. The property also features a 1,537 square foot detached garage with a heated shop. Included on-site is a legal non-conforming 3-bedroom, 1-bath single-family residence totaling 1,808 square feet, currently leased and generating immediate income. The property is suitable for a wide range of commercial uses and offers both owner-occupancy and income potential. The zoning is COMMR. The lot size is 1.77 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kar-Fre Flowers Florist

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Auto Repair Shop Clothing Store Nail Salon Auto Parts Store Gym & Fitness Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sycamore
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.661898
    Latitude
    41.984452

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    FAQs

    What type of property is this?
    Retail space - Unique commercial property with retail space, greenhouse, garage, and residence.
    Where is this retail space located?
    The property is located at 1126 E State St Sycamore, IL.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Versatile 2-acre commercial property ideal for owner-users or investors; - Main **7503 sq ft commercial building** with retail/shop space, storage, offices, bathrooms, and garage bays; - Includes a legal non-conforming **1808 sq ft 3-bedroom single-family residence** generating immediate rental income
    (815) 762-5226
    Request Owner's contact information
    1126 E State St Sycamore, IL 60178
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    Sycamore, IL 60178
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1126 E State St Sycamore, IL 60178
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    We can help!
    Listing Contact
    Alison Rosenow
    Alison Rosenow
    Real Estate License ID: 471001608
    (815) 762-5226
    Learn more
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