341 W State Street, Sycamore, IL

Retail for Sale - $325,000 - 6,906 Sq. Ft. on 0.13 acres


Agent Info

KELLY MILLER
Coldwell Banker Real Estate Group

Property Info

CIMLS#1156943
Location
  341 W State Street
  Sycamore IL 60178
UpdatedApril 18th, 2024
TypeRetail
Price$325,000
Building6,906 Sq. Ft.
Land0.13 acres

Property Description

6,906 total sq. ft. all-brick commercial property is situated in Sycamore's thriving central business district offering excellent IL RT 64 visibility, 6,600 Annual Average Daily Traffic count, and high foot traffic. 4,156 sq. ft. net area is located on the first floor displaying Low-E glass windows set in metal frames. Two entry front doors with transom windows, embossed glass detail, black display exterior light fixtures, brick masonry, keystone detail and a 50' wide front elevation add character to create excellent curb appeal on IL RT 64 also known as State Street. The first-floor retail unit has vinyl plank flooring and 2'x4' acoustic tile ceiling. The interior walls have a combination of peg boards, adjustable shelving on a track wall system, overhead lighting, track lighting, and reception counter with solid top. Office/shop, and a breakroom/storage with white cabinets, quartz countertop and utility sink accommodate the main floor space. The back exit door leads to owned parking spaces. This area has alley access. A Lennox Elite 96% energy efficient furnace was installed in 2016. Central air conditioning unit services the main level. Electric circuit breakers in two panels; one is a newer panel. The foundation is concrete block, poured concrete, and older masonry/stone. The full basement accommodates a 1/2 bathroom and divided storage areas. Separate front entry door leads you to the second level. This 2,750 sq. ft. upper level is zoned for residential living and is in the demolition process. This is a complete rehab project. An architectural rendering of a 3-bedroom, 2 1/2 bath apartment suite is available to view on site. A sprinkler and fire alarm system are mandatory by the City of Sycamore upon renovating. This level does not have any current HVAC. Older plumbing fixtures; appears all water has been disconnected at this time. Upper level can host one new apartment and possibly two apartments if survey supports 5.5 parking spaces in the rear. Year built is approximately 1911. Constructed with a flat roof. There is metered diagonal parking located in front of this building and along W. State St. with nearby public free parking. The floor plan and current zoning can easily accommodate a restaurant, bar/lounge, retail store, offices, law or accounting firm, sale's hub, etc. This is an opportunity to expand your current business plan or create a new venture! IL RT 64 intersects with IL RT 23 and Peace Rd., both major thoroughfares within and outside DeKalb County, and is near I-88 and I-90. Sycamore showcases a stunning streetscape featuring ornate street lighting, brick stamped concrete crosswalks, and beautiful tree and flower plantings. Life offers more in Sycamore!


Financials


Similar Listings