$549,000
MLS #: 08731661

Description of 1958 Aberdeen Court CONDO-1, Sycamore, IL 60178

Excellent investment opportunity. Leased with a national tenant since 2014. Gross income for 2017 was $52,480 with a net income of $38,750. CAP rate of 7% based on 2017 income. Rent automatically increases 2.5% each year. Condo Association takes care of the common area maintenance. The 2,866 SF brick office condo is located in an established high end area of professional offices of the Midlands Professional Campus of Sycamore, IL. Centrally located between DeKalb and Sycamore. Modern Condo features high end office suites and conference room.

Property Features of 1958 Aberdeen Court CONDO-1, Sycamore, IL 60178

TYPE
Office/Tech
Year Built
2002
Community
Sycamore
Annual Taxes
$9,259.00
Stories
1
Acres
1.28
Features
Central air
Forced air heat
Brick exterior
Lot acreage is: 1.28
Lot dimension is: 1.28 AC
Present use: Office and Research
Units in building(s): 1
Tax year: 2016
Courtesy of: Hoffman Realty

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