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920 Pr Dr E E Ste Sycamore, IL 60178-3123

OFF-MARKET Industrial properties Google Maps
3,115 SF Built 2004
Entity Owned 9-yr Hold ~ Est. High Equity
Estimated value (blended)
$310k
Range $279k – $341k (±10%)
Property ID US28-2650636

Property summary

AI-generated overview

This exceptional 3,126 square foot condo, located at 920 W Prairie Drive Unit G in Sycamore, IL, presents a compelling investment opportunity boasting a 7.2% cap rate. Situated within the convenient Prairie Business Park, just off Peace Road, this property offers a beautifully finished office build-out valued at $135,000. The space includes a thoughtfully designed layout featuring private offices, a conference room, a training room, and break rooms, catering to a variety of business needs. In addition to the office space, the unit includes valuable warehouse space and mezzanine storage, enhancing its versatility. A 12x12 overhead door provides easy access for loading and unloading. The property is currently fully leased, generating immediate income for the investor. Priced significantly below replacement cost, this presents a rare opportunity to acquire a high-performing asset in a desirable location. The property is a condo and sits on a lot with zero acres. Don't miss this chance to secure a strong return on investment in a well-maintained and strategically located property. Contact us today to schedule a viewing and explore this lucrative opportunity further.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2004
Total area 3,115 SF
APN 09-06-426-021
UPID US28-2650636

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor
  • Alternative Medicine Practice
  • Physician Medical Clinic
  • Weight Loss Service
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2016
6 recorded transactions
2016
$185,000
2012
Price N/A
2012
Price N/A
2008
$226,800
2005
$220,000
2004
$230,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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