About This Home
This 0-bedroom, 0-bathroom commercial at 112 S Maple Street in Sycamore, IL is listed for $600,000. Built in 1910, on a 0.10 acres lot.
Key Features
- Built in 1910
- 0.10 acre lot
Property Details
Amenities
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.
Monthly Cost Estimate
$3,209/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
112 S Maple Street
Sycamore, IL 60178
Property Details
Construction
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 112 S Maple Street is listed at $600,000. The estimated monthly payment is $3,209 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1910, 0.10 acre lot.
This property is listed by Charles Kirkwood and can be reached at (815) 553-2411.