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    1830 Mediterranean Dr Sycamore, IL 60178

    For Sale
    $1,573,333

    High-yield, fully leased medical office.

    Property size:
    6,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    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 Features for 1830 Mediterranean Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,000 SF
    Lot Size
    34,412 SF

    Building Details

    Year Built
    2006
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Prometric Pharmacy Sarah Hourselt Nurse Practitioner Neha Vohra Vohra ... Gastroenterologist James Matheu Family Practice Physician Prometric Test Center Educational Testing Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sycamore
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.7093
    Latitude
    41.96695

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield, fully leased medical office.
    Where is this commercial real estate located?
    The property is located at 1830 Mediterranean Dr Sycamore, IL.
    What is the asking price?
    The asking price for this property is $1,573,333.
    (815) 754-4000
    Request Owner's contact information
    1830 Mediterranean Dr Sycamore, IL 60178
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    Realmo Value Estimation

    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.

    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.

    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
    1830 Mediterranean Dr Sycamore, IL 60178
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