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    OFF-MARKET
    Neighborhood centers

    1680-1730 Sycamore Rd, DeKalb, IL 60115

    96,283 SF Built 1985
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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