2.54 Acre Assisted Care Site

Vacant Land for Sale
Catylist Listing ID: 30404582
Gross Land Area: 2.54 Acres
Sale Price: $553,212
Unit Price: $217,800 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/8/2020

Overview / Comments

Sale Price: $553,212. $5 per SF
Property is located within the Old Mill Park Condominium Retirement Development. Old Mill Park is a popular, luxury, 100 unit community for people 55+ which is quickly selling in the $300K range per unit. Residents can gracefully transition to a higher level of care without leaving their friends behind. The 27 acre Old Mill Park retirement community is conveniently located in the quaint City of Sycamore. The fire station/ambulance is a few blocks away. Retention basin located off site. City water and sewer to site. Direct access from State Hwy 23, and will have access from stop light intersection at Maplewood Drive and State Hwy 23. This is a prime assisted care location and it will not last long.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $76 (Annual)

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: DeKalb
Tax ID/APN: 06-29-427-002
Zoning: COMMERCIAL C-3
Property Located Between: Main Street and Mapplewood
Feet of Frontage: 387
Highway Access: State Hwy 23 (Main Street)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,386 22,528 49,016
Median Age: 33.31 36 31.51
Households: 548 8,764 17,319

Contact

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