Courtesy: eXp Realty
630-669-6318
High Yield 6 Unit Multifamily Investment - DeKalb, IL. Rare 6unit multifamily opportunity in the thriving DeKalb rental market, offering investors exceptional return potential depending on the chosen mix of annual leases and short term rental strategies. With a deep tenant pool driven by Northern Illinois University, Northwestern Medicine Kishwaukee Hospital, Meta's DeKalb Data Center, 3M, Ferrara Candy and a growing logistics and manufacturing corridor, this property sits in a location where demand is both diverse and resilient. The building features maintenance free vinyl siding, tenant paid utilities, and coin operated laundry, keeping operating expenses low and predictable. Four of the six units have been recently updated with modern flooring, fresh paint, and new kitchens and bathrooms-allowing immediate rent optimization. Key value add components remain in the unfinished studio unit as well as simple rent increases in remaining units offering the next owner the chance to add additional income quickly. The current owner, a contractor, is open to negotiations to build out the remaining unit, giving buyers flexibility to tailor the space for long term, midterm, or short term rental use. DeKalb has a proven short-term rental market, supported by visiting faculty, traveling nurses, contractors, and event driven tourism. Recent leases demonstrate strong occupancy and premium short term rental rates, making this property ideal for investors seeking hybrid income strategies. This is a turnkey, cash flowing asset with clear upside-perfect for investors looking to expand in a stable, high demand Midwest market.
Courtesy: Hometown Realty Group
815-991-9293
Prime 5-story office building in the heart of downtown DeKalb! Adjacent to the DeKalb Theater and steps from all downtown amenities. Spanning approximately 30,000 sq. ft., plus a basement featuring additional 5,000 sq. ft. and a drive-through, this property offers on-site parking for around 22 vehicles. The first floor was formerly a bank, with office spaces on floors 2 through 5 and a fully functional walk-in safe in the basement. Flexible floorplans make it adaptable for various uses. Fiber installed. Located in a downtown TIF/Redevelopment District-an excellent value-add or redevelopment opportunity!
Courtesy: Coldwell Banker Realty
630-377-1771
Unique opportunity in the heart of DeKalb! This eye-catching former church offers incredible versatility and character for a wide range of business or community uses. Situated on a charming brick street next to the DeKalb Public Library, the location provides excellent visibility and convenience. Step inside to a welcoming entry foyer featuring two separate restroom areas, a coat closet, and additional storage. The expansive main gathering space showcases beautiful hardwood floors, abundant open space, and a stage area - ideal for presentations, meetings, events, performances, wellness uses, educational programs, or creative workspace concepts. A rear entrance leads to a hallway connecting a secondary flexible-use space, complete with a waiting or reception area and an additional bathroom, creating an ideal layout for multiple uses or potential multi-tenant occupancy. The building also includes a full basement beneath the original structure, offering ample storage. Heating is supported by both a boiler system and forced air for added efficiency and flexibility. With ample street parking and an adjacent city lot, accessibility is a breeze. Whether you envision office space, a wellness center, event venue, educational facility, creative studio, or another unique concept, this property delivers the open space, character, and prime location to bring your vision to life.
Courtesy: RVG Commercial Realty
815-754-4000
Investment Medical / Office buillding for sale, 1 unit available for lease. Close to Northwestern Hospital and other medical office users. Private lighted off street parking lot. Each suite have separate entrances and are separately metered. Signage space available on building and pylon sign at both entrances to parking lot.
Courtesy: Coldwell Banker Real Estate Group
815-756-2557
Located in the heart of DeKalb's Central Business District, this spacious mixed-use building offers exceptional flexibility. The main level is currently set up as a professional office, formerly a dental practice, and is ideal for a new business or for conversion into a comfortable first-floor apartment for owner-occupancy. Three additional apartments are already in place: a main-level one-bedroom, plus an efficiency and another one-bedroom on the second floor. This setup provides an excellent opportunity for an owner-occupant to live on the main level while rental income from the existing tenants helps offset monthly mortgage payments. A walk-up attic and full basement with laundry hookups offer generous storage options. Outside, you'll find ample parking, a one-car attached garage, and heated exterior steps and ramp for easy winter access. With leases secured through June 2026 and a roof installed in 2013, this property is ready for its next chapter. Photos of the apartment are vacant photos of the first-floor apartment. It is now occupied. Current rents are well below market value. Whether you're looking to create your own residence while generating income, expand your investment portfolio, or have your own business and collect rent to help with your new venture, this location, close to downtown DeKalb, NIU, schools, shopping, and interstate access, offers outstanding potential.
Courtesy: Weichert REALTORS Signature Professionals
815-754-5050
Storefront available for immediate occupancy in the heart of downtown DeKalb. 2 apartments upstairs that need renovation. New HVAC in 2025. Great opportunity to update and make this space exactly what you need in an area that is building and bringing new business to town. Parking available on Lincoln Highway or in the rear of the building in the large city lot. Located right in the middle of an area that has a variety of shops, entertainment, food establishments, and more.
Courtesy: City Way Realty LLC
847-323-4328
Position your business for success in this versatile and well-maintained office/warehouse property in Sycamore. Designed to accommodate a wide range of operations, this space offers a practical layout with a balance of professional office areas and functional warehouse capacity. The warehouse features impressive 18-foot ceilings, providing excellent vertical clearance for storage, equipment, or light industrial use. A 12-foot overhead door allows for easy loading and unloading, making logistics efficient and convenient. The building is equipped with forced air heat to keep operations comfortable year-round. Inside, you'll find a spacious office area that includes three independent private offices-ideal for management, administrative staff, or client-facing use. The layout supports both collaboration and privacy, making it adaptable for many business types. Two bathrooms add convenience for staff and visitors. Outside, the property offers ample parking, ensuring easy access for employees, clients, and deliveries. This is an excellent opportunity for businesses seeking a clean, functional, and flexible space in a strategic Sycamore location.
Courtesy: RVG Commercial Realty
815-754-4000
Former Bank for Sale! Contains 3 parcels over 1.64 acres. The building is 9,974 square feet and contain multiple private offices and a conference room over 2 stories.
Courtesy: Berkshire Hathaway HomeServices Chicago
312-944-8900
Positioned in the core of Northern Illinois University's premier Greek Row, the building consists of approximately 30 rooms and is purpose-built for fraternity operations, including communal baths, chapter rooms, study areas, dining facilities, and a commercial kitchen. Recent capital improvements-including new fire suppression systems, upgraded mechanicals, and a 2024 boiler refurbishment. Additional features include a 32-car parking lot, outdoor deck, and recreation space. This is part of a portfolio
Courtesy: Berkshire Hathaway HomeServices Chicago
312-944-8900
Located in the heart of NIU's Greek Row, 910 W Hillcrest presents a proven, long-term fraternity investment with over 20 years of continuous occupancy by Phi Kappa Theta-highlighting exceptional tenant stability and demand. This 2-story masonry building with an English basement includes 30 rooms, multiple communal bathrooms, chapter and meeting rooms, study spaces, and a commercial kitchen. The layout is specifically designed to support fraternity operations and long-term tenancy. Recent upgrades include a new tear-off roof (2024), fire suppression systems, and security cameras. Outdoor features such as a sand volleyball court (2026) outdoor recreation area (2026), and a 32-car parking lot. Property is part of a Portfolio.
Courtesy: Berkshire Hathaway HomeServices Chicago
312-944-8900
Unique opportunity to acquire a sorority-leased property in the highly sought-after NIU Greek housing market, where supply remains limited and demand continues to grow. This 2-story masonry building with an English basement features approximately 20 rooms and is configured to support sorority operations, including communal bathrooms, chapter rooms, study areas, dining facilities, and a commercial kitchen. Recent improvements include a new roof (2024), fire suppression system, and security systems. The site also includes a 16-car parking lot, providing added convenience for residents. This is part of a Portfolio.
Courtesy: RVG Commercial Realty
815-754-4000
Positioned directly on the campus of Northern Illinois University, 820 Russell Rd. offers a rare opportunity to acquire a well-maintained, flexible-use property in a highly desirable university setting. Originally built in 1966 by the current owners, this approximately 2,400 square foot building (including basement) has been thoughtfully maintained and updated, including a 2013 rehabilitation to accommodate ADA-compliant bathrooms. The layout and structure lend themselves to a variety of uses including community center, office space, student-focused services, nonprofit headquarters, or potential conversion to multifamily housing (subject to zoning approval). Situated on two parcels totaling approximately 0.63 acres, the property features 18 on-site parking spaces - a valuable amenity in a campus-adjacent location. The building includes very high basement ceilings, providing additional functional space and flexibility for storage, meeting areas, or future improvements. The combination of campus proximity, on-site parking, and adaptable layout makes this an exceptional opportunity for owner-users, nonprofits, or investors seeking repositioning potential in the heart of DeKalb.
Courtesy: Coldwell Banker Realty
630-377-1771
Exceptional investment opportunity in the heart of Northern Illinois University's student housing market. 919 Greenbrier Rd is a 24-unit student living property currently leased by the fraternity SAE, offering immediate cash flow and built-in occupancy. With capacity for up to 48 tenants, this property is ideally structured for high-yield student housing. Each unit is outfitted with essential amenities including a full kitchen, multiple bathrooms, and dorm-style living spaces. A spacious basement and 10 on-site parking spaces add value and convenience. Located steps from Greek Row and within close walking distance to campus, this is a prime location for student renters. A rare, turn-key asset in DeKalb-perfect for investors looking for stable, consistent returns in a thriving college rental market. Northern Illinois University's current spring 2026 enrollment is 14,644 students, described as the largest spring enrollment in five years. This is a 3.4% increase compared with spring 2025 enrollment of 14,158 students. Bathrooms include 1 full bathroom inside the President Suite, 2 public bathrooms on each floor, and 2 half bathrooms (powder rooms).
Courtesy: RVG Commercial Realty
815-754-4000
15,242 Square Foot Office building with 20 private offices, open bullpen area for cubicles, conference room, community room, training room, break room, reception area, server room, and 2 multi-fixtured restrooms. Beautifully Finished. Rubber membrane roof with warranty. Ample Parking. Located in Downtown DeKalb.
Courtesy: Berkshire Hathaway HomeServices Chicago
312-944-8900
Well-maintained Greek Life student housing property located in the heart of DeKalb's established Greek Row, just minutes from Northern Illinois University. This flagship fraternity residence offers approximately 30 rooms, three full bathrooms, and a commercial-grade kitchen designed to support long-term institutional occupancy. The building includes extensive communal and operational spaces, including meeting and chapter rooms, study and dining areas, TV lounge, workout facilities, and recreation rooms. Exterior amenities feature a large deck, outdoor common areas, and approximately 22 on-site parking spaces. The property is fully occupied by a nationally affiliated fraternity that has maintained continuous occupancy for approximately 17 years. The lease is supported by a corporate-backed guaranty extending through May 31, 2030. Recent capital improvements include a new fire suppression system and security camera system. This is a stable, income-producing asset located in a high-demand student housing submarket with strong barriers to entry and long-term institutional support from Northern Illinois University.
Courtesy: Listing Leaders Northwest, Inc
219-961-5478
Kimberly Apartments offers investors a rare chance to acquire an 85-unit, value-add multifamily asset in the DeKalb market-just minutes from Northern Illinois University, the upcoming Meta (Facebook) data center, and the new Kraft Heinz distribution hub, both slated for 2025 completion. These major developments are expected to drive sustained population and employment growth, directly increasing rental demand in the area. Prime location near highways, shopping, and employment hubs Minutes to NIU, Meta campus, Kraft Heinz distribution center Kimberly Apartments consists of garden-style apartment buildings at 810 and 820 Kimberly Dr, offering a range of unit configurations and floor plans in a convenient, walkable location close to campus and major local amenities. 85 Total Units Three brick buildings with durable construction 802 Kimberly Drive Tenants pay electric and gas (7) 3 Beds 810 Kimberly Drive Roof Age: 3 Years Old (1) Studio (12) 1 Beds (21) 2 Beds (5) 3 Beds 820 Kimberly Drive Roof Age: 6 Years Old (1) Studio (5) 1 Beds (31) 2 Beds (2) 3 Beds. CONTACT JOEY BATLINER FOR MORE INFO
Courtesy: Century 21 Circle
815-756-1691
What a location Just a few blocks from the NIU campus. How great to be able to walk to class. The location makes very attractive to potential students. If you're looking for an investment, this rooming house host 9 bedrooms, 3 bathrooms. Newer kitchen with newer appliances, new flooring also. Freshly painted throughout. Some replacement windows have been installed. Roof is approx. 5yrs.old. Parking for 13 to 18 cars. It is a license rooming house. Thinking of an investment this rental has only one vacancy don't miss the opportunity! Invest in one of the historical districts in DeKalb. Motivated seller
Courtesy: RVG Commercial Realty
815-754-4000
Listing includes 2 properties. The first is a fully leased free-standing commercial building and land. It is 2,840 square feet on 1.72 acres. Leased through 2028. Includes reception area, private offices, conference room, dispatch station, washroom, and storage area. Bottle house dock. Large tank filling area. Tank storage yard. Bulk truck Parking. The second is a fully leased multi-level office/shop building that is 5,640 square feet on 0.75 acres. Includes lobby entrance, 4 private offices, dispatch room, parts room, training room, conference room, and 2 drive through tandem truck bays with overhead doors.
Courtesy: Coldwell Banker Real Estate Group
630-232-6900
Own this awesome commercial building for less than renting! Don't miss this owner user or investment opportunity in the best location downtown Dekalb! The building is 50% occupied by an established office tenant with a new long term lease. There is approximately 1230 sf available for an owner to occupy or to put another tenant or two in place. The vacant space has historically been a dentist's office and there is still plumbing in place. The building is currently set up as two units but it can easily be set up as three to create more income potential. There is a full basement of which half has leasing potential. The other half of the basement is primarily storage and mechanicals. Utilities are separately metered for a two unit set up. Only one short block to downtown restaurants, shops and City Hall. Don't miss out. This is the chance that you have been waiting for!
Courtesy: Century 21 Circle
815-756-1691
An updated rooming house, in a great location close to NIU and downtown within walking distance or close to public transportation. Newer mechanicals furnaces & central air--windows -- plumbing -- some electrical. 3 updated Kitchens and 5 updated baths. If your investor this is ready for you. The potential for great rental income. Owner has other properties in the area and would consider a package deal. Don't miss this opportunity.
Courtesy: Century 21 Circle
815-756-1691
This historical home was once the President of NIU, (Swen Parson) 2 Newer furnaces in 2023 This 11-unit license rooming house Great location to NIU with ample parking. Great front porch. One shared kitchen. 1 washer & dryer. This your opportunity to own a turnkey investment.
Courtesy: Century 21 Circle
815-756-1691
Investment opportunity within walking distance to Northern IL University 16 unit rooming house. Updated shared kitchen. On site coin laundry. Parking on site. Home sits in the Historical Ellwood district. Build your financial security. Seller has a portfolio of homes is this area call for details.
Courtesy: Coldwell Banker Real Estate Group
630-232-6900
Restaurant/retail building available for purchase or for lease. The former use was an IHOP restaurant. All FF&E is still in place and can convey with a sale or lease. Excellent location close to nationals such as Starbucks, Chipotle, Potbelly, McDonalds, CVS etc. Dekalb is the home of Northern Illinois University and this location is on the edge of campus just north of one of the busiest intersections in town. For a restaurant use the building can seat 234 and there is a fenced outdoor dining area. There is a fully equipped kitchen with a hood and fire suppression. This free standing building sits on 1.57 acres with over 70 parking spaces and enough room for a drive through. The property is offered in as-is condition.
Dekalb is located in Illinois. Dekalb, Illinois has a population of 41,083. Dekalb is less family-centric than the surrounding county with 26.66% of the households containing married families with children. The county average for households married with children is 31.37%.
The median household income in Dekalb, Illinois is $45,591. The median household income for the surrounding county is $64,019 compared to the national median of $69,021. The median age of people living in Dekalb is 25.1 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 12.2 degrees. The average rainfall is approximately 37.2 inches per year, with 28.6 inches of snow per year.
