Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    209 Whittemore Dr, Unit 105 Sycamore, IL 60178

    Sponsored
    For Sale
    $54,000

    LAND - Sycamore, IL

    Lot size:
    0.47 Acres
    Days on Market:
    332
    Last Refresh:
    Jan 23 at 10:06 pm

    Property Features for 209 Whittemore Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SINGL
    APN
    0621352003
    Lot size
    0.47 Acres

    Utilities

    Utilities
    Water Available
    Heating system
    Natural Gas

    We can help!

    Listing Contact
    Alison Rosenow
    Alison Rosenow

    American Realty (815) 991-5298

    Listing agent Alison Rosenow (815) 762-5226

    Listing date Feb 26, 2025

    MLS# 12293444 Listing URL

    Copyright © 2026 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

    Residential Land in Merry Oaks

    This nearly 0.47-acre lot is located in the Merry Oaks Subdivision. Situated as lot #105, the property backs onto landscaped trees, offering added privacy. The established community features scenic nature and bike trails, as well as a pond. Located in Sycamore, Illinois, the property is near shopping and top-rated schools. The property allows for the buyer to bring their own builder to design a home. Association building requirements include a minimum of 2,750 sq. ft. for a ranch home and 3,600 sq. ft. for a two-story home. The zoning is SINGL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Sycamore
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.678133
    Latitude
    42.01291

    Nearby Similar for Sale

    • New
      $2,250,000
      3,200 SF

      Sycamore Commercial Property with Residence

      Versatile 7-acre property with residence, banquet hall, and chapel.
      15165 Quigley Rd, Sycamore, IL 60178
      View Details
    • New
      $675,000
      1.77 Acres

      Versatile Commercial Property in Sycamore

      Unique commercial property with retail space, greenhouse, garage, and residence.
      1126 E State St, Sycamore, IL 60178
      View Details
    • $249,900
      0.56 Acres

      Well-Maintained Duplex in Sycamore, IL

      Versatile 2-unit property with income potential and room to expand.
      732 Park Ave, Sycamore, IL 60178
      View Details
    • New
      $655,900
      25,500 SF

      Renovated Building in Downtown Sycamore

      Completely renovated building in downtown Sycamore with multiple possibilities.
      425 W State St, Sycamore, IL 60178
      View Details
    • $198,000
      0.14 Acres

      Free Standing Commercial Building

      Commercial building near downtown Sycamore with parking and expansion potential.
      220 E State St, Sycamore, IL 60178
      View Details
    • $1,538,461
      1,209 SF

      NNN Leased Investment Property

      Brand new 15-year NNN lease with Take 5 tenant.
      1245 Dekalb Ave, Sycamore, IL 60178
      View Details
    • $300,000
      1,675 SF

      Spacious Ranch Condo in 55+ Community

      End-unit ranch condo in Somerset Farm 55+ community.
      2113 Waterbury Ln W, Sycamore, IL 60178
      View Details
    • $184,900
      1,220 SF

      Move-in Ready Top Floor Condo

      Updated 2 bed, 2 bath condo in prime Sycamore location.
      966 Constance Ln, Sycamore, IL 60178
      View Details
    • $249,900
      1,778 SF

      Spacious Townhouse with Cathedral Ceiling

      Townhouse featuring cathedral ceiling, flex room, and attached two-car garage.
      1148 Rose Dr, Sycamore, IL 60178
      View Details
    • $199,900

      Spacious Condo with Private Balcony

      Three-bedroom, two-bath condo with modern appliances and convenient location.
      2029 Frantum Rd, Sycamore, IL 60178
      View Details
    • $200,000

      Sycamore 3BR Unit with Amenities

      3BR unit near pool, clubhouse, and sports courts in Sycamore.
      1729 Raintree Ct, Sycamore, IL 60178
      View Details
    • $224,900
      1,414 SF

      Downtown Sycamore Mixed-Use Gem

      Prime Retail & Apartment in Sycamore
      326 State St, Sycamore, IL 60178
      View Details

    FAQs

    What type of property is this?
    Land - Nearly half-acre lot in established Sycamore subdivision with nature trails.
    Where is this land located?
    The property is located at 209 Whittemore Dr, Unit 105 Sycamore, IL.
    What is the asking price?
    The asking price for this property is $54,000.
    What are key features of this property?
    This property features: - Large lot (nearly 1/2 acre) in the desirable Merry Oaks Subdivision.; - Backs to landscaped trees, providing enhanced privacy.; - Bring your own builder to create a custom home.
    (815) 762-5226
    Request Owner's contact information
    209 Whittemore Dr, Unit 105 Sycamore, IL 60178
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    209 Whittemore Dr, Unit 105
    Sycamore, IL 60178
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    209 Whittemore Dr, Unit 105 Sycamore, IL 60178
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Alison Rosenow
    Alison Rosenow
    Real Estate License ID: 471001608
    (815) 762-5226
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.