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    Property profile & analytics

    Sycamore, IL 60178

    • Industrial properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US28-3181775
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details

    Property type
    Industrial properties
    APN
    09-05-128-008
    APU
    905128008

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sycamore
    County
    Dekalb
    State
    Illinois
    Longitude
    -88.692
    Latitude
    41.9803
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,096
    $20,851
    $58,609
    $79,460
    -
    $62,553
    $175,827
    $238,380

    Comparable in this City

    • Value Estimation
      $305,000
      0.45 Acres

      Crosby Ave

      INDUSTRIAL (GENERAL) • 0.45 Acres
      Crosby Ave, Sycamore, IL 60178
      View Details
    • Value Estimation
      $205,000

      821 Park Ave

      INDUSTRIAL (GENERAL)
      821 Park Ave, Sycamore, IL 60178-2419
      View Details
    • Value Estimation
      $255,000
      3,115 SF

      920 Pr Dr Ste G

      INDUSTRIAL (GENERAL) • 3,115 SF
      920 Pr Dr Ste G, Sycamore, IL 60178-3123
      View Details
    • Value Estimation
      $305,000
      2,345 SF

      920 Pr Dr Ste C

      INDUSTRIAL (GENERAL) • 2,345 SF
      920 Pr Dr Ste C, Sycamore, IL 60178-3123
      View Details
    • Value Estimation
      $100,000
      2.15 Acres

      1690 Afton Rd

      INDUSTRIAL (GENERAL) • 2.15 Acres
      1690 Afton Rd, Sycamore, IL 60178-3253
      View Details
    • Value Estimation
      $745,000
      35,200 SF

      1947 Bethany Rd

      INDUSTRIAL (GENERAL) • 35,200 SF
      1947 Bethany Rd, Sycamore, IL 60178-3138
      View Details

    Similar Nearby for Sale

    • $1,009,800
      11.88 Acres

      Sycamore Industrial Land - $1M+

      Prime 11.88-acre development parcel in Sycamore, IL.
      1452 Bethany Rd, Sycamore, IL 60178
      View Details
    • $298,875
      2,391 SF

      Sycamore Office Condo For Sale

      Prime Medical/Office Condo, 2391 SF
      1680 Mediterranean Dr, Sycamore, IL 60178
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    • $1,498,464
      2.15 Acres

      DeKalb Ave Commercial Land - Sycamore, IL

      2.15 Acres, Build-to-Suit, C-2 Zoning
      0 Dekalb Ave, Sycamore, IL 60178
      View Details
    • $298,875
      12,950 SF

      Sycamore Office Condo - 12,950 SF

      Prime Medical/Office Space - For Sale or Lease
      1680 Mediterranean Dr, Sycamore, IL 60178
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    • $59,900
      0.46 Acres

      Premium Lot in Merry Oaks

      Nearly half-acre lot in desirable Merry Oaks Subdivision.
      218 Whittemore Dr, Sycamore, IL 60178
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    • $1,573,333
      6,000 SF

      Sycamore Medical Office Building

      High-yield, fully leased medical office.
      1830 Mediterranean Dr, Sycamore, IL 60178
      View Details

    Similar Nearby for Lease

    • $204 SF/Yr
      9,964 SF

      9,964 SF New Construction MOB | Sycamore, IL (DeKalb)

      Medical offices • 9,964 SF
      1705 Mediterranean Dr, Sycamore, IL 60178
      View Details
    • New
      Contact for pricing
      43,560 SF

      Retail Strip Center For Rent

      Newly renovated retail spaces available in Sycamore, Illinois.
      1598 Dekalb Ave, Sycamore, IL 60178
      View Details
    • $16 SF/Yr
      2,980 SF

      630 Plaza: DeKalb Retail Center

      Prime DeKalb retail space, two units available.
      630 Plaza Dr, Sycamore, IL 60178
      View Details
    • Contact for pricing
      3,058 SF

      Retail Space at Dekalb Avenue

      High-profile corner retail opportunity available in Sycamore, Illinois.
      2496 Dekalb Ave, Sycamore, IL 60178
      View Details
    • $12 SF/Yr
      2,574 SF

      State Street Office Space Available

      Downtown Office, 1200-2574 sq ft
      156 State St, Sycamore, IL 60178
      View Details
    • $2,200 /Mo
      1,620 SF

      Updated Home in Sycamore Location

      Spacious 4-bedroom home with modern updates and included lawn care.
      1631 Park Ave, Sycamore, IL 60178
      View Details
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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