2525 Bethany RdSycamore, IL 60115

  • Commercial real estate
  • 1.43 AC
For Sale
$756,000 View listing

Property Details for 2525 Bethany Rd

Lot size
1.43 AC
Property type
Commercial real estate
APN
08-01-451-010
APU
801451010

Description

This exceptional 7,200-square-foot single-tenant building, situated on a 1.44-acre lot in Sycamore, Illinois, presents a remarkable investment opportunity. Constructed in 1986, this one-story structure boasts 24 parking spaces, providing ample convenience for employees and clients. Currently configured as a fully improved salon, the property features extensive recent upgrades valued at hundreds of thousands of dollars. These improvements include polished concrete floors, high ceilings, a mix of enclosed and open-air salon suites, robust electrical and water service, a break room, a laundry room, and a sophisticated climate control system. The building's spacious layout and oversized lot offer significant expansion potential, making it adaptable to various uses. The property's strategic location between DeKalb and Sycamore ensures high visibility and accessibility. While currently operating as a high-volume salon, the building's versatile design makes it suitable for repurposing as an office or light industrial space. The asking price is below replacement cost, representing a compelling value proposition. The property is offered as-is. Interested parties are asked to refrain from contacting the tenant directly and schedule a private showing through the appropriate channels. The property is located at 2525 Bethany Rd, DeKalb, IL 60115.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,917,118
    Hospitality
    $11,832,011
    Educational
    $9,844,094
    Medical
    $10,182,648
    Retail
    $15,313,036

Location Insight

City
Sycamore
County
Dekalb
State
Illinois
Latitude
41.9669
Longitude
-88.724
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
$17,839
$47,176
$151,395
$198,571
-
$141,528
$454,185
$595,713

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].