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.
Full Property Details
Full Property Detailsfor 1958 Aberdeen Court
Taxes: $9,259 (2016)
MLS ID: 08731661
Added: 1, 342 day(s) ago
Security/Safety: Fire Extinguisher(s), Smoke or Fire Protectors
County: De Kalb
Driving Directions: From State Hwy 23 to Bethany Rd. East to Aberdeen Court.
1958 Aberdeen Court, Sycamore, IL 60178 (MLS# 08731661) is a
1958 Aberdeen Court is currently listed for $549,000 and was received on September 18, 2014.
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Lease with a Right to Purchase
A new affordable option from Home Partners of America. They buy the home, you lease it for 1-5 years with a right to purchase.