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Sidney, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Sidney, Illinois Market population: 21K. Explore income-producing properties with verified cap rates and operating...

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Sidney OH Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Sidney OH Properties: 1.5700%

πŸ“Š Average Income For Sidney OH Commercial Property: $43,347

Investor Questions For Sidney OH

Common questions from investors exploring commercial real estate in Sidney OH.

What is the overall investment potential of Sidney, OH, considering its demographic and economic factors? +
The city's median household income of $43,347, combined with a poverty rate of 14.7% and a high health insurance coverage of 92.4%, suggests a relatively stable market with a mix of working-class and middle-class residents. The top industries, including Construction and Finance & Insurance, contribute to the local economy, while the median property value of $105,200 and median property taxes of $5,126 indicate a relatively affordable housing market. Additionally, the average commute time of 16.6 minutes and top commute methods, such as driving alone or carpooling, reflect a convenient and accessible location.
How does the ethnic diversity and industry mix in Sidney, OH, impact the demand for housing and rental properties? +
The city's ethnic diversity, with a majority of White (46.9%) and White Non-Hispanic (45.9%) residents, and a smaller but present Black (2.8%) population, contributes to a relatively stable and integrated community. The top industries, including Construction, Finance & Insurance, and Transportation & Warehousing, create a demand for housing and rental properties, particularly for workers in these sectors. Furthermore, the median age of 36.9 and employed population of 9,199 suggest a strong and stable workforce, which can support a growing rental market.
What are the key factors that influence the quality of life in Sidney, OH, and how do they impact real estate investment decisions? +
The average commute time of 16.6 minutes, top commute methods, and health insurance coverage of 92.4% all contribute to a high quality of life in Sidney, OH. These factors, combined with the median household income of $43,347 and poverty rate of 14.7%, suggest a relatively stable and secure environment for residents. For real estate investors, these factors can impact decisions by indicating a strong and reliable rental market, with tenants who value convenience, accessibility, and a high quality of life.
How does the poverty rate and income inequality in Sidney, OH, affect the local real estate market and investment potential? +
The poverty rate of 14.7% and income inequality (GINI coefficient of 0.425) in Sidney, OH, suggest a mixed economic landscape. While the poverty rate may indicate a higher risk for investors, the relatively high health insurance coverage and median household income suggest a working-class market with employment stability. Additionally, the top industries and employed population of 9,199 contribute to a strong local economy, which can mitigate the risks associated with poverty and income inequality.
What are the implications of the homeownership rate and median property value in Sidney, OH, for real estate investors and the local housing market? +
The homeownership rate of 59.7% and median property value of $105,200 in Sidney, OH, indicate a relatively affordable housing market with a mix of owner-occupied and rental properties. For real estate investors, these factors suggest opportunities for both rental income and long-term appreciation, particularly in a market with a strong and stable workforce. Furthermore, the median property taxes of $5,126 and average commute time of 16.6 minutes reflect a convenient and accessible location, which can support a growing and diverse housing market.

Sidney OH Real Estate & City Facts

Key facts and real estate information about Sidney OH.

What are some of the best neighborhoods to live in Sidney? +
Some of the best neighborhoods to live in Sidney include Stephens - Jonathan, North Sidney 47, and areas in the central parts of the city. These neighborhoods are known for their quiet streets, well-kept homes, and strong sense of community. Additionally, areas like Downtown Sidney and Vandalia are also popular for their proximity to local amenities and nightlife.
What are some fun things to do in Sidney? +
There are plenty of fun things to do in Sidney, such as visiting Tawawa Park, walking or biking on the Canal Feeder Trail, and exploring the Downtown Sidney area. You can also check out the Airstream Factory Tour, the Airstream Heritage Center, or play a round of golf at Arrowhead Golf Course. For some nightlife, head to the Dawg Pound Lounge or the Auto Vue Drive-In Theatre.
What is the food scene like in Sidney? +
The food scene in Sidney is diverse and delicious, with plenty of options to choose from. Some popular restaurants include The Bridge Restaurant, Cassano's Pizza, Fuji Sushi & Steak House, and Murphy's Craft Bar + Kitchen. There are also plenty of great food trucks and scenic restaurants with outdoor seating, such as High Grounds Cafe and The Spot Restaurant.
What are the pros and cons of living in Sidney? +
The pros of living in Sidney include its strong sense of community, affordable housing, and plenty of outdoor recreational activities. However, some cons include limited job opportunities and a relatively small town feel. Additionally, some areas of the city may have higher crime rates or limited access to certain amenities. Overall, Sidney is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Sidney a good place to live? +
Sidney is a good place to live for those who value a strong sense of community, affordable housing, and plenty of outdoor recreational activities. While it may have some limitations in terms of job opportunities and amenities, the city has a lot to offer, from its scenic parks and trails to its diverse food scene and nightlife. Ultimately, whether or not Sidney is a good place to live depends on your individual priorities and preferences.
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