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8-Unit Apartment Building
For Sale
$989,000

326 Edward Street, Sycamore, IL 60178

Well-maintained multifamily property with separate HVAC systems, in-unit laundry, garages, and dedicated parking.

Property Size29,862 SF
Price / SF$33.12
Days on Market164

Property Features for 326 Edward Street

General Information

Standard status Active
Size 29,862 SF
Property subtype Multi Family 5+ / Corridor-Interior Entrance
Net Operating Income $43,720

Taxes and HOA fees

Annual Taxes $18,800

Building Details

Year Built 1995
Stories 2
Listing Agency: Century 21 New Heritage - Hampshire
Listed By: Sara Mitchell · License #475140678
Source: Compass
Added: Mar 22 Changed: Aug 30 Last Checked: Aug 30 at 11:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 New Heritage - Hampshire

Investment Insights

Based on property information with market context.

Built in 1995, this 29,862-square-foot apartment property contains eight two-bedroom, one-bath units. Each apartment includes a fully equipped galley kitchen, spacious living room, separate HVAC, and in-unit washer and dryer. Two main-floor residences also have private decks. The building includes a full basement arranged with four storage areas and a small office, along with 11 garage spaces and 10 parking spaces.

Recent capital improvements include a roof replacement completed approximately in 2012, refreshed interior hallways, newer concrete sidewalks, and a front porch stoop with new railings installed in 2025. Tenants are responsible for electric and gas, while ownership handles water, sewer, garbage pickup, lawn care, and snow removal. The property is located at 326 Edward Street in Sycamore, Illinois.

Key Highlights

  • Eight 2‑bedroom, 1‑bath apartment units
  • 29,862‑square‑foot apartment property built in 1995
  • 11 garage spaces and 10 parking spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Accounting Firm Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

784
Businesses Nearby

Demographics for 60178, IL

22,386
Population
9,151
Households
2.4
Avg Household Size
39
Median Age
44%
College-Educated
96%
High-School Grad
67.2 sq mi
ZIP Area
333
Density / Sq Mi
$88,314
Median Household Income
$47,157
Median Earnings
$1,084
Median Rent
$262,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained multifamily property with separate HVAC systems, in-unit laundry, garages, and dedicated parking.
Where is this apartment building located?
The property is located at 326 Edward Street Sycamore, IL.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Eight 2‑bedroom, 1‑bath apartment units; 29,862‑square‑foot apartment property built in 1995; 11 garage spaces and 10 parking spaces
More about this property
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