2B On Plank Rd & Rte Sycamore, IL 60178
This exceptional 1.5-acre commercial land parcel presents a remarkable investment opportunity in Sycamore, Illinois. Strategically located on the highly visible, signalized corner of Route 23 and Plank Road, this property enjoys exceptional exposure to significant daily traffic. Its prime location is directly across from the newly constructed Jewel Shopping Center, ensuring high foot traffic and consumer visibility. The property is zoned for commercial use, offering a wide range of development possibilities. Convenience is key, with proximity to DeKalb County Courthouse and other government facilities, as well as Northern Illinois University in nearby DeKalb. Currently, this lot shares a single tax identification number (PIN) with an adjacent parcel; however, a future separation is planned. This ensures independent ownership and development potential. The asking price for this exceptional property is $522,720. For those interested in a larger contiguous parcel, a neighboring 3-acre lot is also available (MLS #08315513). This 1.5-acre site offers unparalleled potential for businesses seeking a high-traffic location with excellent visibility in a thriving community. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly growing area. The address is Lot 2B on Plank Road & Route 23, Sycamore, IL 60178.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.