Property profile

1680-1730 Sycamore Rd DeKalb, IL 60115

OFF-MARKET
Neighborhood centers
96,283 SF Built 1985
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 96,283 square foot, Class B strip center situated on a 1.6-acre lot in DeKalb County, Illinois. The property, comprised of two single-story buildings, features 13 suites, with a total of 16,890 square feet currently vacant. Individual suites range from a minimum of 1,800 square feet to a maximum of 5,284 square feet, offering flexibility for various retail tenants. Built in 1985, this center enjoys a high-traffic location along Sycamore Road (IL Route 23), a major thoroughfare providing excellent visibility and accessibility. The property benefits from its strategic position within DeKalb's thriving retail community, a rapidly growing area situated along the I-88 corridor, offering convenient access to Aurora, Naperville, Chicago, and O'Hare International Airport. DeKalb's robust economy, bolstered by its university presence, creates a stable and attractive market for retail businesses. The property's location within a dynamic community, combined with its ample space and flexible suite sizes, makes it an ideal investment for discerning buyers seeking a strong return in a desirable market. The property offers a unique blend of established retail presence and growth potential within a vibrant and expanding community.

Property profile

Verified
Property type Neighborhood centers
Year built 1985
Total area 96,283 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1680-1730 Sycamore Rd DeKalb, IL 60115
DeKalb metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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