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    326 State St Sycamore, IL 60178

    Sponsored
    For Sale
    $224,900

    Prime Retail & Apartment in Sycamore

    Property size:
    1,414 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional mixed-use property at 326 W State Street, Sycamore, IL, presents a unique investment opportunity. The 1,414 square foot building boasts a thriving ground-floor hair salon, complete with a welcoming reception area, stylish workstations, and abundant natural light. The salon's prime downtown location ensures high visibility and foot traffic, making it an attractive retail space with potential for diverse business ventures. Upstairs, a charming one-bedroom apartment offers comfortable living, featuring a bright living area, a functional kitchen, and a cozy bedroom. This presents a dual-income stream potential, combining the established salon business with rental income from the apartment. The property sits on a 0-acre lot, offering convenient access to the heart of Sycamore's bustling downtown area. This versatile property is a rare find, combining the benefits of a successful, established business with the added income potential of a residential unit. Its location in the vibrant downtown core provides excellent exposure and accessibility, making it an ideal investment for both seasoned and aspiring entrepreneurs. The combination of retail and residential space offers a unique opportunity to capitalize on the thriving Sycamore market. This property is ready for immediate occupancy and offers a strong return on investment.

    Property Features for 326 State St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,414 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    KA Beauty Hair Salon Studio Nova Hair Salon The Studio by M.C.beauty Hair Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sycamore
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.68752
    Latitude
    41.98854

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Retail & Apartment in Sycamore
    Where is this commercial real estate located?
    The property is located at 326 State St Sycamore, IL.
    What is the asking price?
    The asking price for this property is $224,900.
    (815) 991-5298
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    326 State St Sycamore, IL 60178
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    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
    326 State St Sycamore, IL 60178
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