Sara Carlson
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Seller's loss is the buyer's gain. Price reduced for quick sale.This property is being sold way under the amount that has been invested. Cash offers with a quick closing will win out over price! This is not an opportunity to be missed! Located in the heart of downtown Sycamore this notable building has been completely renovated. Bring your ideas - bar, restaurant, concerts, event center, banquets etc. With 25,500 sf available and a building occupancy load of 598 (could be increased more) to work with there are too many possibilities to list! The building is set up with multiple levels. There is a bar and a huge event/assembly area on the main floor with hardwood floors and seating on either side. There is another bar on the entry level with room for more seating. The lower level is beautifully finished open space that features LVP flooring that has housed pool tables and dart games etc. This area also has the bathrooms an office space and some storage. An elevator provides additional access to separate floors of the building. There is a deck behind the building for outdoor seating and activites. The building is fully sprinklered with a new fire alarm system, a new security system plus the electrical and plumbing systems have been updated. This completely updated property is being sold as-is. All FF&E has been removed.
Property Highlights
Property Type: Commercial - Retail
Building Description: 4.0 stories
Year Built: 1875
General Information
County: DeKalb
Listed By:
Coldwell Banker Real Estate Group
630-232-6900
MRED MLS
MLS ID: 12713658
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425 W State 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 | $450,000 | $450,000 | $450,000 |
| Down Payment | $90,000 | $15,750 | $112,500 |
| Monthly Mortgage Amount | $2,246 | $2,721 | $2,803 |
| Taxes | $626 | $626 | $626 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $198 | $0 |
| Monthly Estimated Total | $3,003 | $3,676 | $3,560 |
Sara Carlson
REALTOR®
REALTOR®, ASP, CRS, E-PRO, HMS
Office: (563) 264-0240
Cell: (563) 506-0241
Licensed in IA
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
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