341 W State Street
Sycamore, IL, 60178 $ 325,000
Baths0.0 Sq 6,906 Monthly Estimate*
$ 2,270
Studio
for $325,000. This 6,906 square foot building was built in 1911 on a lot size of 0.129591.
6,906 total sq. ft. all-brick commercial property is situated in Sycamore's thriving central business district offering excellent IL RT 64 visibility, 6,600 Annual Average Daily Traffic count, and high foot traffic. 4,156 sq. ft. net area is located on the first floor displaying Low-E glass windows set in metal frames. Two entry front doors with transom windows, embossed glass detail, black display exterior light fixtures, brick masonry, keystone detail and a 50' wide front elevation add character to create excellent curb appeal on IL RT 64 also known as State Street. The first-floor retail unit has vinyl plank flooring and 2'x4' acoustic tile ceiling. The interior walls have a combination of peg boards, adjustable shelving on a track wall system, overhead lighting, track lighting, and reception counter with solid top. Office/shop, and a breakroom/storage with white cabinets, quartz countertop and utility sink accommodate the main floor space. The back exit door leads to owned parking spaces. This area has alley access. A Lennox Elite 96% energy efficient furnace was installed in 2016. Central air conditioning unit services the main level. Electric circuit breakers in two panels; one is a newer panel. The foundation is concrete block, poured concrete, and older masonry/stone. The full basement accommodates a 1/2 bathroom and divided storage areas. Separate front entry door leads you to the second level. This 2,750 sq. ft. upper level is zoned for residential living and is in the demolition process. This is a complete rehab project. An architectural rendering of a 3-bedroom, 2 1/2 bath apartment suite is available to view on site. A sprinkler and fire alarm system are mandatory by the City of Sycamore upon renovating. This level does not have any current HVAC. Older plumbing fixtures; appears all water has been disconnected at this time. Upper level can host one new apartment and possibly two apartments if survey supports 5.5 parking spaces in the rear. Year built is approximately 1911. Constructed with a flat roof. There is metered diagonal parking located in front of this building and along W. State St. with nearby public free parking. The floor plan and current zoning can easily accommodate a restaurant, bar/lounge, retail store, offices, law or accounting firm, sale's hub, etc. This is an opportunity to expand your current business plan or create a new venture! IL RT 64 intersects with IL RT 23 and Peace Rd., both major thoroughfares within and outside DeKalb County, and is near I-88 and I-90. Sycamore showcases a stunning streetscape featuring ornate street lighting, brick stamped concrete crosswalks, and beautiful tree and flower plantings. "Life offers more in Sycamore!"
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FeaturesGeneralCooling Central Air
Utilities Electric to Site Gas to Site Sanitary Sewer Water-Municipal Water to Site Cable Available
Possession Closing
Zoning COMMR
Construction Materials Brick Concrete Block Stone
Year Built 1911
Electric Circuit Breakers
Stories 2
Township Sycamore
Tax Year 2022
Current Use Commercial
Gross Income 999
County DeKalb
Insurance Expense 999
Property Type Commercial Sale Mixed Use
Possible Use Commercial Office and Research Retail Special Use Other
Status Active
Directions Located in the bustling downtown Sycamore on IL RT. 64 on the north side of the street.
City Sycamore
Total Units 1
MLS Area Sycamore
Lot Size Square Feet 5645
Street Name State
Tax Annual Amount 4958.6
Electric Expense 999
Fuel Expense 999
Trash Expense 999
Water Sewer Expense 999
Additional Parcels Y/N N
Days on Market 7
Standard Status Active
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InteriorFlooring Other
Street Suffix Street
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ExteriorFoundation Details Block Brick/Mortar Concrete Perimeter Stone
Building Area Total 6906
Lot Dimensions 50X108X42.35X21.80X44.97X19.08X23.43X81.15
Frontage Type State Road
Exterior Brick
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* Excluded FeaturesList ByColdwell Banker Real Estate GroupBroker
kelly@kellymillerteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,270
- Monthly Property Taxes
- $413
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Sycamore, IL
Average List Price $764,760
Percent of Sale Price 135%
About Sycamore, IL 17,636 Population
35% Since 2002
$ 67,822 Median Income
37.6 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/21/2024 | $325,000 | | Listed Price |