326 State StSycamore, IL 60178

  • Commercial real estate
  • 707 SF
For Sale
$224,900 View listing

Property Details for 326 State St

Year built
1900
Lot size
0.04 AC
Property size (Sq ft)
707 SF
Property type
Commercial real estate
APN
06-32-258-008
APU
632258008

Description

This exceptional mixed-use property at 326 W State Street, Sycamore, IL, presents a unique investment opportunity. The 1,414 square foot building boasts a thriving ground-floor hair salon, complete with a welcoming reception area, stylish workstations, and abundant natural light. The salon's prime downtown location ensures high visibility and foot traffic, making it an attractive retail space with potential for diverse business ventures. Upstairs, a charming one-bedroom apartment offers comfortable living, featuring a bright living area, a functional kitchen, and a cozy bedroom. This presents a dual-income stream potential, combining the established salon business with rental income from the apartment. The property sits on a 0-acre lot, offering convenient access to the heart of Sycamore's bustling downtown area. This versatile property is a rare find, combining the benefits of a successful, established business with the added income potential of a residential unit. Its location in the vibrant downtown core provides excellent exposure and accessibility, making it an ideal investment for both seasoned and aspiring entrepreneurs. The combination of retail and residential space offers a unique opportunity to capitalize on the thriving Sycamore market. This property is ready for immediate occupancy and offers a strong return on investment.

Location Insight

City
Sycamore
County
Dekalb
State
Illinois
Latitude
41.9885
Longitude
-88.6875
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
$3,720
$7,030
$34,087
$41,117
-
$21,090
$102,261
$123,351

FAQs

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