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112 S Maple Street Sycamore, IL 60178 Commercial - Retail New

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  • 112 S Maple Street , Sycamore, IL 60178 Main Photo

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Description

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 Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1910

General Information

County: DeKalb
Listed By:
Coldwell Banker Real Estate Group 630-232-6900
MRED MLS
$600,000
Est. $3,965/mo
New to the Market New
SQUARE FEET4,148 MLS#12698221
STATUSNew PROPERTY TYPECommercial - Retail

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For Details, Contact

Ruhl&Ruhl Realtors
563.441.1776

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112 S Maple Street , Sycamore, IL 60178.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $600,000$600,000$600,000
Down Payment $120,000$21,000$150,000
Monthly Mortgage Amount $2,955$3,580$3,737
Taxes $835$835$835
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$264$0
Monthly Estimated Total $3,965$4,854$4,747

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