425 W State Street,Sycamore, IL 60178
Sycamore, IL 60178
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.
Details
| MLS # | 12713658 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1875 |
| Days On Site | 53 |
| Listing Provided By | Coldwell Banker Real Estate Group | Charles Kirkwood |
Features
| SQ Feet | 25,500 |
|---|---|
| Story(s) | 4 |
| Zoning | OTHER |
| Acreage | 0.27 |
Interior
| Cooling | Central Air |
|---|
Utilities
| Electric | Service - 201 to 600 Amps |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 6669.64 |
Area Information
| State | IL |
|---|---|
| County | DeKalb |
| City | Sycamore |
| Zip Code | 60178 |
| Area | Sycamore |
| Listing VS Median (in 60178) | |
Price: $400,000 low | high Med: $400,000 sqft: 25,500 low | high Med: 25,500 $ / sqft: $16 low | high Med: $16 On site: 53 low | high Med: 53 | |
Market Activity 60178
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Learn More About This Property
| State | IL |
|---|---|
| County | DeKalb |
| City | Sycamore |
| Zip Code | 60178 |
| Area | Sycamore |
| Listing VS Median (in 60178) | |
Price: $400,000 low | high Med: $400,000 sqft: 25,500 low | high Med: 25,500 $ / sqft: $16 low | high Med: $16 On site: 53 low | high Med: 53 | |