Twin Gables Community and Plaza
Commercial and Multi-Family Complex
Sycamore, Illinois

LOCATION: Located on State Street (State Rt. 64) in Sycamore, just west of Peace Road

FRONTAGE: There is 357.47 ft. of frontage on Rt. 64

TOTAL ACRES: approx. 7.9 acres

DESCRIPTION: Twin Gables Community and Plaza is a quiet lifestyle apartment community which consists of 108 apartment units and approximately 10,000 sq. ft. of commercial space. There are twelve two-story 8-unit buildings. Each unit is 950 sq. ft. featuring one bedroom, den, living/dining room, kitchen with appliances, 1 1/2 baths with 5′ walk-in shower, central air, central vacuum, secured entrance with intercom, laundry facility on each floor. In addition, there a 2 mixed-use buildings at the front of the property with commercial space on the ground floor and 6 two-bedroom apartments on the second floor of each building. The first buildings were completed in the fall on 1996 with the last building finished in the fall of 2006. Utilities paid by tenant. Coin operated laundry income. Currently there is onsite management and maintenance. Very high occupancy rate.

* 96, 1-bedroom apartments, 950 sq. ft. $725/mo.
* 10,000 sq. ft. commercial
* occupancy rate of approximately 98%
* 12 2-bedroom apartments, 750 sq. ft., $625/mo.
* coin operated laundry income
* tenants pay utilities

PRICE: $8,150,000

TAXES: Parcel Numbers 05-25-400-017 AND 05-36-200-005

SCHOOLS: Sycamore School District

COMMISSION SPLIT:  1%

PLEASE SEE PDF FILES IN DOWNLOADS FOR MUCH MORE INFORMATION ABOUT THIS UNIQUE PROPERTY!

The information provided is considered to be accurate but there is no guarantee. Subject to change at any time.