1830 Mediterranean Dr Sycamore, IL 60178-3144
Commercial real estate
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Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
For Sale
1 / 14
Contact for pricing
1830 Mediterranean Dr, Sycamore, IL 60178-3144
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Estimated value (blended)
$325k
Range $293k – $358k (±10%)
Property ID
US28-2423585
Property summary
AI-generated overview
This exceptional investment opportunity presents a fully leased, two-unit medical and professional office building situated at 1830 Mediterranean Drive in Sycamore, Illinois. The property boasts a substantial 6,000 square feet of space, comfortably situated on a 0.79-acre lot. Constructed of durable masonry, the building features high-end interior build-outs, reflecting a commitment to quality and tenant satisfaction. Currently operating at a 7.5% capitalization rate, this property offers a strong return on investment. The building is fully occupied by credit-rated tenants, minimizing risk and ensuring consistent income generation. The asking price reflects the building's replacement value, providing a secure and stable investment. The property's location in Sycamore, Illinois, offers convenient access to local amenities and a strong regional economy. This is an ideal acquisition for investors seeking a reliable, high-yield asset in a desirable market. Prospective buyers are encouraged to schedule a showing
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2008
Construction
CONCRETE BLOCKS
Total area
5,950 SF
Lot
0.79 ac (34,412 SF)
APN
09-06-399-003
UPID
US28-2423585
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
-
Pharmacy
-
Physician
-
Physician
-
Pediatrician Physician
-
Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.55M
Comparable Approach
Comparable
$1.40M
Blend (final)
Blend
$325k
Owner & transaction history
since 2005
7 recorded transactions
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 23 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$325k
Value range
$293k – $358k
±10% around blend
Estimated value / SF
$55 / SF
Confidence
High
23 county-verified comps
Property data
75
Market benchmarks
100
Comparable evidence
100
$293k
blend $325k
$358k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,950 SF
Lot area
0.79 ac
Year built
2008
APN
09-06-399-003
Assessed value
$289,351
Annual tax
$25,841
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.55M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.68M
@ 6.5% CAP return
$1.55M
@ 7% CAP return
$1.44M
4
Sales comparison
Partial preview
Sales approach indication
$916k
Weighted, 20 comps · high confidence
Evidence
23 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
18.7 mi away · 6,074 SF
19.7 mi away · 4,584 SF
20.5 mi away · 4,572 SF
20.6 mi away · 6,304 SF
21.3 mi away · 5,440 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$325k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 42 sales
$180
-70%
Submarket 42 sales
$180
-70%
County 48 sales
$189
-71%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $55/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 23 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$289k
Move the market yield to see immediate price impact.
Value / SF
$49
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$18k
$365k
$260k
$203k
$20k
$405k
$289k
$225k
$22k
$446k
$318k
$248k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
23 found
High confidence · county-verified
Closest comparable
$290k
18.2 mi · Dec 2025 · $58/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$25,841
Tax year 2023
Assessed value
$289,351
Assessed 2023
Previous assessed
$289,351
+0.0% YoY
Effective rate
8.93%
On assessed value
Assessed land
$71,534
Assessed improvement
$217,817
Land market value
$214,602
Improvement market value
$653,451
Total market value
$868,053
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
2008
Construction
CONCRETE BLOCKS
Heating
NONE
Total area
5,950 SF
Lot
0.79 ac (34,412 SF)
APN
09-06-399-003
UPID
US28-2423585
Jurisdiction
DE KALB
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2008
Construction
CONCRETE BLOCKS
Heating
NONE
Lot
0.79 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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