1830 Mediterranean DrSycamore, IL 60178

For Sale
$1,573,333

High-yield, fully leased medical office.

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a fully leased, two-unit medical and professional office building situated at 1830 Mediterranean Drive in Sycamore, Illinois. The property boasts a substantial 6,000 square feet of space, comfortably situated on a 0.79-acre lot. Constructed of durable masonry, the building features high-end interior build-outs, reflecting a commitment to quality and tenant satisfaction. Currently operating at a 7.5% capitalization rate, this property offers a strong return on investment. The building is fully occupied by credit-rated tenants, minimizing risk and ensuring consistent income generation. The asking price reflects the building's replacement value, providing a secure and stable investment. The property's location in Sycamore, Illinois, offers convenient access to local amenities and a strong regional economy. This is an ideal acquisition for investors seeking a reliable, high-yield asset in a desirable market. Prospective buyers are encouraged to schedule a showing

Property Details for 1830 Mediterranean Dr

Property type
Other commercial real estate
Square Feet
6,000 SF
Year Built
2006
Lot Size (sq. ft)
34,412 SF

Location Insight

City
Sycamore
County
DeKalb
State
Illinois
Latitude
41.96695
Longitude
-88.7093
1830 Mediterranean Dr, Sycamore, Illinois

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1830 Mediterranean Dr
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