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    31 Aster Rd Sycamore, IL 60178

    Sponsored
    For Sale
    $268,000

    1.89 acres, M1 Zoning, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.892-acre commercial lot, identified as Lot 31 Aster Road, is situated in the thriving Sycamore Prairie Business Park in Sycamore, Illinois, and presents a remarkable opportunity for investors and developers. Located in DeKalb County, with a convenient address of Lot 31 Aster Road, Sycamore, IL 60178 (41.9688378, -88.6988238), this property boasts an M1 zoning designation, opening doors to a wide array of commercial uses. The lot's generous size provides ample space for various development projects. Easy access from Peace Road ensures excellent visibility and convenient transportation links. The Sycamore Prairie Business Park is home to a number of established and successful businesses, creating a vibrant and supportive commercial environment. This property is subject to covenants and restrictions (C&R's), details of which are available upon request. The asking price for this strategically located commercial land is $268,000. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area. Serious inquiries only.

    Property Features for 31 Aster Rd

    General Information

    Property type
    Land
    Lot Size
    82,416 SF

    HighLights

    • $268,000 asking price.
    • 1.892‑acre commercial land parcel.
    • M1 zoning.
    • Located at Lot 31 Aster Road, Sycamore, IL 60178.
    • Situated in Sycamore Prairie Business Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sycamore
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.6988238
    Latitude
    41.9688378

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    FAQs

    What type of property is this?
    Land - 1.89 acres, M1 Zoning, prime location.
    Where is this land located?
    The property is located at 31 Aster Rd Sycamore, IL.
    What is the asking price?
    The asking price for this property is $268,000.
    What are key features of this property?
    This property features: $268,000 asking price.; 1.892-acre commercial land parcel.; M1 zoning.
    Request Owner's contact information
    31 Aster Rd 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
    31 Aster Rd Sycamore, IL 60178
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