UNIQUE LIVE/WORK, INVESTMENT & MULTIGENERATIONAL OPPORTUNITY - RC1 ZONING! Looking for a property that offers flexibility, income potential, and the ability to combine business and residential living? This one-of-a-kind property is worth a look! Beautifully situated on a charming brick-lined street, this custom-built property, constructed in 2003, offers approximately 2,044 square feet of versatile space and features a maintenance-free exterior for added convenience and easy upkeep. The main office space features a large welcoming entry, five private offices, kitchenette, 1.5 baths, and a full basement offering additional storage or usable space. Approximately two-thirds of the building, consisting of the office space, is built over a full foundation and is equipped with central air conditioning. The front one-third of the building, which includes the office entry and efficiency apartment, is built on a slab. The office entry and efficiency apartment are cooled by window air-conditioning units. The flexible layout provides opportunities for professional office use, organizational space, or future reconfiguration. A separate efficiency apartment adds even more versatility. The apartment features an open-concept living area with bedroom area, kitchenette with stove and refrigerator, washer and dryer, and a full bathroom. The apartment could potentially provide additional rental income, private living quarters, guest accommodations, or convenient on-site housing. Both units are currently unoccupied, and there is no rental history for the property. Buyers should conduct their own due diligence regarding potential rental use, zoning, licensing, and income potential. Parking is a standout feature, with designated parking for three vehicles in the front and three vehicles in the rear, plus additional off-street parking. This provides convenient parking options for residents, clients, employees, or guests. The property is currently zoned RC1 (Residential Conservation). With proper municipal approval, the property could potentially be rezoned and reconfigured as a duplex, creating another intriguing opportunity for an owner-occupant, investor, or multigenerational living arrangement. Any rezoning, conversion, occupancy, or proposed use is subject to approval by the appropriate municipal authorities and applicable zoning, building, and code requirements. Buyers are encouraged to verify all potential uses and requirements with the municipality. Whether you're looking to operate a business while living on-site, explore future rental opportunities, create a multigenerational living arrangement, or reconfigure the property for another use, this property offers flexibility that is hard to find. Bring your vision and explore the possibilities! Beautifully positioned on a brick-lined street with a maintenance-free exterior, dedicated parking, two distinct spaces, a combination of slab and full-foundation construction, and a flexible interior layout, this distinctive property offers a unique opportunity to create something tailored to your needs.
Offered for sale is the portfolio located at 1121 W. Hillcrest Drive and 1115 N. Annie Glidden Road, DeKalb, Illinois. The asking price is $3,375,000. This portoflio cannot be broken up, all properties must be sold together. The portfolio combines 10 townhouse units with a larger student/sorority-oriented housing property, providing different operating formats within the same DeKalb market. The assets are both located in DeKalb and are connected to the same broader student-housing demand base, potentially creating operating familiarity and management efficiencies. Huge opportunity to increase rents and improve operating costs.
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.
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!
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.
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.
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.
HUGE PRICE REDUCTION!!! 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.
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
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.
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.
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.
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).
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.
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.
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
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.
Don't miss this fully leased investment opportunity in the heart of downtown Dekalb! This one is approximately an 8.5% cap rate at the list price. The building is 100% occupied by an established office tenant and a salon. Both tenants have plenty of lease term remaining and one of the units is currently under renovation. The building is set up as two units but it could be set up as three (three entrances and 3 bathrooms) if this should become desirable in the future. There are dedicated furnaces, air conditioners and water heaters for both units. There is a full basement. One half is finished out with a concrete floor and it has a bathroom. The other half is suitable for storage. Recent improvements include one new furnace and a new drain tile along with a battery backup for the sump pump in the full basement. The tenants pay gas and electric utilities which are separately metered. 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!
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.