NOT LISTED FOR SALE

1645 Dekalb Ave Sycamore, IL 60178

0.65 Acre
-- Price per Acre
28,314 Sq Ft Lot

Last Sold September 15, 2017

Last sale price $300,000

135 Days on Market

About This Lot

As of September 2017

**NEW PRICING!** .65 ACRE PRIME COMMERCIAL SITE. C-3 HIGHWAY BUSINESS DISTRICT ZONING ON IL RT. 23, THIS HIGHLY VISIBLE LOCATION IS A RARE FIND! 2 CURB CUTS OFF OF RT. 23 AND 1 OFF OF ELECTRIC PARK DR.; EXCELLENT EGRESS AND INGRESS! Average Daily Traffic ADT on DeKalb Ave. (IL-23) north of Bethany Rd. = 22,016. 3 parcels are available at $12.50 per sq. ft.: Parcel #1 0801279011 @ 1.24 acres; Parcel #2 0801279012 @ .59 acre; Parcel #3 0801279013 @ .65 acres = 2.48 TOTAL PRIME ACREAGE. 3 parcels total 108,029 sq. ft. Parcel #2 offers Shop/showroom @ 4,236 total sq. ft. with four 10'x10' and one 12'x12' overhead door. Gas forced air furnace and central air system service the waiting/inventory-parts area. Shop features 2 separate ceiling gas heating units, full length floor drain w/ 3 oil separators and 220 electric service. This prime real estate offers excellent 1, 2, 3 parcel options, high visibility, high traffic count, near nationally recognized retail and food establishments.

Last Agent to Sell the Property

Kelly Miller

Hometown Realty Group License #475128979 Listed on: 09/15/2016

Co-Listed By

Rick Hoffman

Hoffman Realty License #471003851

Last Buyer's Agent

Kelly Miller

Hometown Realty Group License #475128979 Listed on: 09/15/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,068

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 187.42x129.84x180x181.15
  • Property fronts a state road
  • Additional Parcels
  • Property is zoned COMMR

Home Design

  • Mixed Use

Schools

  • Sycamore Middle School
  • Sycamore High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$4,068

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial
  • Basement Description: None

Exterior Features

  • Frontage Type: State Road
  • List Price: 353925
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site

Schools

  • High School: SYCAMORE HIGH SCHOOL
  • Middle/Junior School: SYCAMORE MIDDLE SCHOOL
  • Middle/Junior School District: 427

Lot Info

  • Additional Parcels Description: 9999999900
  • Additional Parcels: Yes
  • Lot Size Acres: 0.65
  • Lot Dimensions: 187.42X129.84X180X181.15
  • Zoning: COMMR
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Estimated Land Sq Ft: 28,314
  • Land Description: Cleared,Level
  • Total Listed Lots Avail: 3

Rental Info

  • Board Number: 19
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 4067.8
  • Tax Year: 2015
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2020
Sold by
1645 Dekalb Llc
Bought by
J D Wesley Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 15, 2016
Closed on
Sep 15, 2017
Sold by
The American National Bank Of Dekalb Cou
Bought by
1645 Dekalb Llc
Seller's Agent
Kelly Miller
Hometown Realty Group
Buyer's Agent
Kelly Miller
Hometown Realty Group
List Price
$424,710
Sold Price
$300,000
Premium/Discount to List
-$124,710
-29.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,500
Interest Rate
3.93%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
J D Wesley Inc $1,335,000 Greater Illinois Title Co
1645 Dekalb Llc $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner J D Wesley Inc $1,500,000
Previous Owner 1645 Dekalb Llc $1,162,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $300,000 -29.4% --
01/28/2017 01/28/17 Pending -- -- --
09/15/2016 09/15/16 For Sale $424,710 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $26,954 $343,365 $110,723 $232,642
2023 $26,954 $299,385 $96,541 $202,844
2022 $25,798 $273,336 $88,141 $185,195
2021 $24,614 $256,364 $82,668 $173,696
2020 $24,554 $252,277 $81,350 $170,927
2019 $23,770 $242,365 $78,154 $164,211
2018 $23,406 $234,641 $41,632 $193,009
2017 $4,065 $40,019 $40,019 $0
2016 $4,063 $39,009 $39,009 $0
2015 -- $36,961 $36,961 $0
2014 -- $37,436 $37,436 $0
2013 -- $39,324 $39,324 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09343662

Midwest Real Estate Data (MRED)

APN: 08-01-279-013