100766 . 55 Home SFR Sycamore IL

100766 . 55 Home SFR Sycamore IL Sycamore, IL 60178

100766 . 55 Home SFR Sycamore IL, Sycamore, IL, 60178
100766 . 55 Home SFR Sycamore IL, Sycamore, IL, 60178 100766 . 55 Home SFR Sycamore IL, Sycamore, IL, 60178 100766 . 55 Home SFR Sycamore IL, Sycamore, IL, 60178 100766 . 55 Home SFR Sycamore IL, Sycamore, IL, 60178 100766 . 55 Home SFR Sycamore IL, Sycamore, IL, 60178 100766 . 55 Home SFR Sycamore IL, Sycamore, IL, 60178 100766 . 55 Home SFR Sycamore IL, Sycamore, IL, 60178 100766 . 55 Home SFR Sycamore IL, Sycamore, IL, 60178
FOR SALE
Property Type:
Other Residential
Amount:
$8,900,000
Cap Rate:
5.53%
Last Verified:
Jun 10, 2021

For more information, please visit www.SFRhub.com and search for portfolio 100766 Visit www.SFRhub.com and search for portfolio 100766for more information. Located in the western suburbs of Chicago and about an hour west of O’Hare International Airport, this SFR investment portfolio opportunity offers an investor immediate cash flow in the growing Sycamore market area of Chicagoland. The Camden Crossing Townhomes have all been recently built in 2017, have been subject to the latest energy codes, and have an average square footage of 1,479sf. There are two-bedroom ranch townhome units as well as one-bedroom ranch townhomes with a sunroom attached. Both units have their own attached, 2 car garage, driveway, and patio. There are also duplex townhomes with 2 bedrooms and a sunroom, with attached 2 car garages, driveways, and patios. The Rental rates throughout the portfolio are roughly 16% below projected market rates, which are continuing to climb in this submarket and will continue bringing increased cash flow to the investor's bottom line over the next few years. According to Niche.com, Sycamore was rated the “#1 Best Places to Live in Dekalb County”, as well as “#1 Best Places to Raise a Family in Dekalb County”, and “#2 Places with the Best Public Schools in Dekalb County”. According to Neighborhoodscout.com, single-family detached homes have the largest share of any housing type in Sycamore, accounting for approximately 54.6% of the city’s housing units and 35.6% of single-family homes are occupied by renters. Local Broker License Information: http://www.sfrhub.com/realstatelicensing All SVN® Offices Independently Owned & Operated

Additional URLs

Map of 100766 . 55 Home SFR Sycamore IL, Sycamore, IL, 60178

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.