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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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