Sycamore, IL 60178
$600,000
Mark Quesada
Broker / Owner
LIC #475144827
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.
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$4,428/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Listed by Charles Kirkwood, Coldwell Banker Real Estate Group
MLS# MRD12698221 · Active
Actual closed sales from the MLS — not estimates.
$330,493
Median sale price
31 days
Avg days on market
99.9% of list
Sells for
Closed sales in 60178 over the last 6 months, all home types.
History reflects records reported to the MLS and may be incomplete.
Interior
Construction
Lot & parking
Utilities
