Matthew Mueller
- Buy
- Sell
https://www.ruhlmortgage.com/GregCotton.html
Description
Unique commercial and residential investment opportunity in the heart of Sycamore! This offering includes a versatile one-story commercial building and a separate two-story, red-sided residence currently operating as an Airbnb. The commercial building features a spacious, open interior with 10-foot ceilings, private office area a kitchenette with refrigerator and microwave, bath and a attached one-car garage, and convenient front parking. An additional concrete parking area is located at the rear. The commercial building is also available for lease at $1,400 per month, with the attached garage negotiable for an additional monthly fee. The tenant is responsible for gas and electric, while the owner pays water, sewer, and garbage. Zoned M-1 Manufacturing and Processing, the commercial property offers potential for a variety of uses, subject to applicable zoning requirements. Both buildings are included in the sale and are situated on the same parcel under one deed. Buyers are encouraged to verify zoning, legal nonconforming status, permitted uses, and short-term rental regulations with the City of Sycamore. Whether you're an investor seeking rental income or an entrepreneur looking for a unique live-work or business opportunity, this property offers exciting possibilities!
Property Highlights
Property Type: Commercial - Investment
Building Description: 1.0 stories
General Information
County: DeKalb
Listed By:
Elm Street REALTORS
815-895-2789
MRED MLS
MLS ID: 12784724
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118-122 W Page Street, Sycamore, IL 60178.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $279,900 | $279,900 | $279,900 |
| Down Payment | $55,980 | $9,797 | $69,975 |
| Monthly Mortgage Amount | $1,471 | $1,805 | $1,814 |
| Taxes | $390 | $390 | $390 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $123 | $0 |
| Monthly Estimated Total | $1,961 | $2,418 | $2,304 |
Matthew Mueller
REALTOR®
Cell: (309) 236-1922
Licensed in IA & IL
Davenport Office
4545 Welcome Way
Davenport, IA 52806
(563) 441-5100
Davenport, IA 52806
(563) 441-5100
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