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INVESTMENT HIGHLIGHTS
- Lccated in the heart of downtown Sycamore
- Recently updated
- Potential uses Bar, Restaurant, Banquet Hall, Event Center, Concerts
- Sprinklered with new fire alarm
EXECUTIVE SUMMARY
This is not an opportunity to be missed! Located in the heart of downtown Sycamore this notable building has been completely renovated. Bring your ideas - bar, restaurant, concerts, event center, banquets etc. With 25,500 sf available and a building occupancy load of 598 (could be increased more) to work with there are too many possibilities to list! The building is set up with multiple levels. There is a bar and a huge event/assembly area on the main floor with hardwood floors and seating on either side. There is another bar on the entry level with more seating and gaming machines. The lower level is beautifully finished open space that features LVP flooring, pool tables and dart games etc. This area also houses the bathrooms and office space. An elevator provides additional access to separate floors of the building. There is a deck behind the building for outdoor seating and activites. The building is fully sprinklered with a new fire alarm system, a new security system plus the electrical and plumbing systems have been updated. This completely updated property is being sold as-is. FF&E may be negotiable
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Building Size
20,076 SF
Year Built/Renovated
1875/2023
Price
$679,900
Price Per SF
$33.87
Tenancy
Single
Building Height
4 Stories
Building FAR
1.69
Lot Size
0.27 AC
Zoning
C2 - Commercial
Frontage
74’ on State St
AMENITIES
- Security System
- Air Conditioning
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-32-254-007 | Improvements Assessment | $62,794 (2024) |
| Land Assessment | $15,698 (2024) | Total Assessment | $78,492 (2024) |
PROPERTY TAXES
Parcel Number
06-32-254-007
Land Assessment
$15,698 (2024)
Improvements Assessment
$62,794 (2024)
Total Assessment
$78,492 (2024)
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425 W State St
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