Log In/Sign Up
Your email has been sent.
112 S Maple St 3,200 SF Retail Building Sycamore, IL 60178 $600,000 ($187.50/SF) 8% Cap Rate
Investment Highlights
- Long Established and Successful Tenant
- Great Real Estate Investment Opportunity
- Unbeatable In-Town Location
- 8% Cap Rat at the List Price
Executive Summary
Don't miss this exceptional investment opportunity in the heart of downtown Sycamore. Positioned as an 8% cap rate at the list price the property will provide an excellent ROI over time. This is a real estate sale only. The tenant is a long standing and succesful restaurant and the location is unbeatable. The current restaurant was established in 2004 and the building has a history as a restaurant before that. The building features two main dining areas, a private dining room, a bar and a fully equipped kitchen. There are two restrooms for patrons and there is one employee restroom in the back. The building is low maintenance all brick construction and one of the two roof top HVAC units has been updated. The real estate is owned by the business owner and they require a lease back so this is purely a real estate investment opportunity. The lease terms moving forward can be negotiable. Do not walk through without a confirmed appointment or approach the employees.
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,200 SF
Building Class
C
Year Built
1910
Price
$600,000
Price Per SF
$187.50
Cap Rate
8%
NOI
$48,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.99
Lot Size
0.07 AC
Zoning
C2 - Central Businss District
Frontage
50’ on Maple St
Amenities
- Restaurant
Fairly walkable
40/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-32-260-009 | Improvements Assessment | $100,995 |
| Land Assessment | $11,920 | Total Assessment | $112,915 |
Property Taxes
Parcel Number
06-32-260-009
Land Assessment
$11,920
Improvements Assessment
$100,995
Total Assessment
$112,915
1 of 26
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
112 S Maple St