For Sale
$302,770

920 Prairie Dr Sycamore, IL 60178

Fully leased office/light industrial condo with high cap rate.

Overview

Added:
Feb 3
Days on market:
79
This exceptional 3,126 square foot condo, located at 920 W Prairie Drive Unit G in Sycamore, IL, presents a compelling investment opportunity boasting a 7.2% cap rate. Situated within the convenient Prairie Business Park, just off Peace Road, this property offers a beautifully finished office build-out valued at $135,000. The space includes a thoughtfully designed layout featuring private offices, a conference room, a training room, and break rooms, catering to a variety of business needs. In addition to the office space, the unit includes valuable warehouse space and mezzanine storage, enhancing its versatility. A 12x12 overhead door provides easy access for loading and unloading. The property is currently fully leased, generating immediate income for the investor. Priced significantly below replacement cost, this presents a rare opportunity to acquire a high-performing asset in a desirable location. The property is a condo and sits on a lot with zero acres. Don't miss this chance to secure a strong return on investment in a well-maintained and strategically located property. Contact us today to schedule a viewing and explore this lucrative opportunity further.

Property Details for 920 Prairie Dr

Property type
Apartment buildings
Square Feet
3,126 SF
Year Built
2006

Location Insight

City
Sycamore
County
DeKalb
State
Illinois
Latitude
41.96809
Longitude
-88.7009

FAQs

What type of property is this?
Apartment building - Fully leased office/light industrial condo with high cap rate.
Where is the apartment building located?
The property is located at 920 Prairie Dr Sycamore, IL.
What is the asking price?
The asking price for this property is $302,770.
How can I contact the broker?
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920 Prairie Dr
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