Move-in Ready Top Floor
966 Constance Lane #966, Sycamore, IL 60178
For Sale
$182,900
Updated 2 bed, 2 bath condo in prime Sycamore location.
Property Size1,220 SF
Price / SF$149.92
Days on Market446
Property Features for 966 Constance Lane #966
General Information
Standard status
Size
Property subtype
Amenities
Cable Ready
Central Air
Natural Gas
Range
Microwave
Dishwasher
Refrigerator
Washer
Dryer
Water Softener Rented
Deck, Cable Available, Asphalt
Building Details
Building Size
Year Built
Listing Agency:
Elm Street REALTORS
Listed By:
Nancy Edwards
(815) 739-1923
Source:
Kw
Added: Aug 21, 2025
Changed: Nov 8
Last Checked: Jul 16 at 4:17AM
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 Elm Street REALTORS
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Investment Insights
Based on property information with market context.
This top-floor condo features 2 bedrooms and 2 full baths. The open floor plan is filled with natural light and showcases updated luxury vinyl plank flooring in the vaulted living room, which includes a gas fireplace, dining area and kitchen. Energy-efficient sliding doors lead to an expansive balcony overlooking a green space. The kitchen offers newer appliances, a breakfast bar, oak cabinetry, and storage space. Both bedrooms can accommodate king-size beds. The primary suite includes double closets and a private en suite bath. A full laundry room with side-by-side washer and dryer provides additional storage space. The property includes a private entrance and stairwell, one private garage space, one exterior parking space, and guest parking. An exterior door leads to open green space. Updates include a 2022 AC condenser, furnace and hot water heater, and a 2020 garage door and door opener. Located in Sycamore, the property is close to shopping, restaurants, schools, and I-88. The property size is 1220 square feet.
Key Highlights
- Move‑in ready, top‑floor condo with updated luxury vinyl plank flooring, appliances, AC condenser, furnace, and hot water heater (2022).
- Two spacious bedrooms, including a primary suite with double closets and a private en suite bath.
- Bright, open floor plan with vaulted living room, gas fireplace, and expansive balcony overlooking green space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,153
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,060
$283.1K
Cap Rate 7%
$202,186
$202.2K
Cap Rate 9%
$157,256
$157.3K
Market Conditions
NOI Build-Up for 1,220 SF
Gross rent
$27.7K $22.68/SF
− Vacancy
−$1.9K −$1.59/SF
EGI
$25.7K $21.09/SF
− OpEx
−$11.6K −$9.49/SF
NOI
$14.2K $11.60/SF
Area
DeKalb County, IL
Vacancy
7.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,060
Cap Rate 7%
$202,186
Cap Rate 9%
$157,256
Alternative Uses
Best Use
Apartment 5plus
$202.2K
$176.9K – $235.9K
NOI $14,153 @ 7.0% cap · market cap 7.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$332.7K
$291.1K – $388.1K
NOI $23,287 @ 7.0% cap · market cap 12.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
350
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Updated 2 bed, 2 bath condo in prime Sycamore location.
Where is this apartment building located?
The property is located at 966 Constance Lane #966 Sycamore, IL.
What is the asking price?
The asking price for this property is $182,900.
What are key features of this property?
This property features: Move‑in ready, top‑floor condo with updated luxury vinyl plank flooring, appliances, AC condenser, furnace, and hot water heater (2022).; Two spacious bedrooms, including a primary suite with double closets and a private en suite bath.; Bright, open floor plan with vaulted living room, gas fireplace, and expansive balcony overlooking green space.
