MULTI-FAMILY INVESTMENT INCOME WITH CAP RATE OF 13+ CLOSE TO NIU CAMPUS!! 16 BEDROOMS INCLUDING 15 SINGLE ROOMS AND A 1 BEDROOM MANAGER'S APARTMENT ON SITE OFFERING A PRIVATE BATHROOM, KITCHEN, AND LIVING ROOM. RENTAL ROOMS OFFER A COMMON AREA, KITCHEN, AND MULTI-STALL BATHROOM WITH SHOWERS. UPDATED IN 2013. 10 OFF STREET PARKING SPACES PLUS ADJACENT STREET PARKING. STURDY BRICK EXTERIOR. ALSO AVAILABLE AS A PACKAGE WITH 824 GREENBRIER AND 835 GREENBRIER (lot)
MULTI-FAMILY INVESTMENT INCOME WITH CAP RATE OF 10+ CLOSE TO NIU CAMPUS!! 15 BEDROOMS INCLUDING 13 SINGLE ROOMS(WITH POTENTIAL FOR 3 ADDITIONAL ROOMS) AND A 2 BEDROOM MANAGER'S APARTMENT ON SITE OFFERING A PRIVATE BATHROOM, KITCHEN, AND LIVING ROOM. RENTAL ROOMS OFFER A COMMON AREA, KITCHEN, AND MULTI-STALL BATHROOM WITH SHOWERS. UPDATED IN 2013. 10 OFF STREET PARKING SPACES PLUS ADJACENT STREET PARKING. STURDY BRICK EXTERIOR. ALSO AVAILABLE AS A PACKAGE WITH 829 GREENBRIER AND 835 GREENBRIER (lot)
2 story residence located in the DeKalb Historical District. Current use is a 9 bedroom rooming house licensed by the City of DeKalb. Features original woodwork, two fireplaces, fantastic open kitchen with giant island and multiple pantries , 3 bathrooms, family room has leaded glass windows, large dining room and living room. Sun deck off second floor unit. Common Areas in basement, first floor, and second floor! Laundry in basement! Large, sunny rooms! 2 car detached brick garage. Well maintained building. Walking distance to Northern Illinois campus.
Prime location, former Fraternity house in the heart of NIU Campus available for sale or single tenant lease. Featuring 24 units that can house 48 beds. Zoned PD-R with parking on site. Located a block from the proposed NIU Greek Life Center aimed and revitalizing the fraternity and sorority life on campus. Also ideal for conversion to single rooming house or brining new Fraternity to the area.
Welcome to this exceptional Rooming House, ideally located just off the Northern Illinois University (NIU) campus. This expansive 7,500 square foot ranch-style property offers an incredible investment opportunity in the heart of NIU student housing. The property features a 2-bedroom, 1-bathroom apartment situated on one corner, while the other side boasts 20 additional bedrooms. Residents can enjoy a spacious living room, dining room, and kitchen, along with a back porch/Deck for relaxation. The main bathroom is well-equipped with 5 stalls, 4 shower stalls, and 4 sinks. There are also two half baths to accommodate residents. Ample parking is available on-site. Recent upgrades make this property even more appealing. The entire attic has been newly insulated, a sprinkler system has been added, and a fire alarm monitoring system is in place. Safety and security are further enhanced with a 16-camera monitoring system. The property also benefits from a new roof, new flooring throughout most of the common areas and bedrooms, fresh paint throughout, 3 new furnaces, and 2 new forced-air air conditioners. Additional improvements include new gutters, fascia boards, 3 new tankless water heaters, and a remodel of the main bathroom. A new coin-operated stacked washer & dryer, refrigerator, and freezer have also been installed. The kitchen is well-equipped with 2 dishwashers, 2 refrigerators, 2 stoves, and 2 coin-operated washing machines and dryers. Wi-Fi is available throughout the building, ensuring convenience for all residents. The prime location of this property is unbeatable, with a bus stop directly in front and a backyard that backs onto a park. Low comparative taxes ($9,015.80 for 2022 payable in 2023) add to the property's appeal. The property is inspected annually by the Fire Marshal and consistently receives positive remarks, with the next inspection scheduled for August 2024. This Rooming House is a rare find in the heart of NIU, offering both comfort and convenience for students. Don't miss out on this incredible opportunity!
restored in 1989 nice storefront w/2 very nice apts.(1br and studio)call office for financials property sold "as is" NEW roof sept of 2021 MUST have pre-approval letter STOREFRONT IS FOR RENT CALL ME FOR DETAILS
Great single or multi-tenant office opportunity with many upgrades. All new doors, windows, new flooring, paint, new full bath and roof only a few years old. Can easily be separated with multiple entrances or keep as is with ample private offices, kitchenette and 3 zoned furnaces. Parking spaces for 25 cars with room for expansion on the back of the property. Can be sold together with 717 N 1st Street land and 725 N 1st Street office which has large parking lot perfectly suited for car lot.
Presenting an exceptional opportunity to acquire the 100% leased "DeKalb, IL Fraternity / Student Housing Portfolio," an 80-room housing investment within 1 mile to Northern Illinois University (NIU - the largest local industry and employer). Located in the heart of famous Greek Row this portfolio boasts an impressive 9% CAP rate with significant room for expansion by an additional 30 rooms. Positioned 65 miles west of Chicago and 38 miles southwest of Naperville, this asset features three well-maintained cinder block/brick buildings with a total of 80 rooms, 8 full baths, 4 half baths, commercial kitchens, and various communal areas including study, dining, conference, TV, workout, and recreation rooms. The buildings, with total land of approx. 1.62 acres and approx. 37,576 total sf., are within a one-minute walk from each other, offer great outdoor area and 80 parking spaces. This portfolio, in the most desirable pocket of Greek Row, is fully occupied with long-term tenants. It benefits from excellent public transportation and security, and is uniquely laid out to attract the Greek Life fraternity and sorority community. The self-managed properties, under the same ownership for the past 18 years, are ready for new management with a local company on standby. Recent upgrades include newer roofs, windows, most mechanicals, fire panels, and sprinkler systems. The properties are annually inspected and approved for occupancy. With light to moderate interior and amenity upgrades, there is a clear potential to boost rents and further enhance value. The strategic location offers high visibility and easy access, positioned across from an approved by City Council est. $16M new "Greek Life Center", slated for completion in 2028. This will further enhance the desirability of these properties. New 2024-27 leases project a 13% CAP rate, making this an outstanding investment in one of the Midwest's most popular student housing markets. The "DeKalb, IL Fraternity / Student Housing Portfolio" not only offers immediate returns but also a promising future with some potential value-add opportunities. Inquire with the listing broker for a copy of the offering memorandum. Don't miss this chance to invest in a high-performing, strategically located portfolio that anchors the historic and thriving Greek Life community at NIU.
Presenting an exceptional opportunity to acquire the 100% leased "DeKalb, IL Fraternity / Student Housing Portfolio," an 80-room housing investment within 1 mile to Northern Illinois University (NIU - the largest local industry and employer). Located in the heart of famous Greek Row this portfolio boasts an impressive 9% CAP rate with significant room for expansion by an additional 30 rooms. Positioned 65 miles west of Chicago and 38 miles southwest of Naperville, this asset features three well-maintained cinder block/brick buildings with a total of 80 rooms, 8 full baths, 4 half baths, commercial kitchens, and various communal areas including study, dining, conference, TV, workout, and recreation rooms. The buildings, with total land of approx. 1.62 acres and approx. 37,576 total sf., are within a one-minute walk from each other, offer great outdoor area and 80 parking spaces. This portfolio, in the most desirable pocket of Greek Row, is fully occupied with long-term tenants. It benefits from excellent public transportation and security, and is uniquely laid out to attract the Greek Life fraternity and sorority community. The self-managed properties, under the same ownership for the past 18 years, are ready for new management with a local company on standby. Recent upgrades include newer roofs, windows, most mechanicals, fire panels, and sprinkler systems. The properties are annually inspected and approved for occupancy. With light to moderate interior and amenity upgrades, there is a clear potential to boost rents and further enhance value. The strategic location offers high visibility and easy access, positioned across from an approved by City Council est. $16M new "Greek Life Center", slated for completion in 2028. This will further enhance the desirability of these properties. New 2024-27 leases project a 13% CAP rate, making this an outstanding investment in one of the Midwest's most popular student housing markets. The "DeKalb, IL Fraternity / Student Housing Portfolio" not only offers immediate returns but also a promising future with some potential value-add opportunities. Inquire with the listing broker for a copy of the offering memorandum. Don't miss this chance to invest in a high-performing, strategically located portfolio that anchors the historic and thriving Greek Life community at NIU.
Presenting an exceptional opportunity to acquire fully leased "Greek Life Flagship Fraternity House," a 30-room housing investment within 1 mile to Northern Illinois University in DeKalb, IL (NIU - the largest local industry and employer). Located in the heart of famous Greek Row this flagship roaming house boasts an impressive 8 CAP. Additional 3 buildings with 20-80 rooms are available to make the new owner a high value player in this local, desirable, fraternity housing space. Positioned 65 miles west of Chicago and 38 miles southwest of Naperville, this asset features one well-maintained cinder block/brick building with a total of 30 rooms, 3 full baths, commercial kitchen, and various communal areas including meeting, study, dining, conference, TV, workout, and recreation rooms. The building, with total land of approx. 0.65 acres and approx. 14,700 total sf., offers great outdoor area with spacious deck and 22 parking spaces. This building, in the most desirable pocket of Greek Row, is fully occupied with long-term tenants (same tenant for the last 10 years with a new 6 year lease in place). It benefits from excellent public transportation and security, and is uniquely laid out to attract the Greek Life fraternity and sorority community. Under the same ownership for the past 10 years, with minimal involvement of the owners as the building comes with professional management in place! Sit back and collect rent on this passive investment! Recent upgrades include newer boiler, fire panels, and sprinkler systems. The property is annually inspected and approved for occupancy. With light to moderate interior and amenity upgrades, there is a clear potential to boost rents and further enhance value. The strategic location offers high visibility and easy access, positioned across from an approved by City Council est. 16M new "Greek Life Center", slated for completion in 2028. This will further enhance the desirability of this property. With long term tenants in place, this is an outstanding, investment in one of the Midwest's most popular student housing markets. The "Greek Life Fraternity Flagship House" not only offers immediate returns but also a promising future with some potential value-add opportunities. Inquire with the listing broker for a copy of the offering memorandum. Don't miss this chance to invest in a high-performing, strategically located asset that anchors the historic and thriving Greek Life community at NIU.
Presenting an exceptional opportunity to acquire the 100% leased "DeKalb, IL Fraternity / Student Housing Portfolio," an 80-room housing investment within 1 mile to Northern Illinois University (NIU - the largest local industry and employer). Located in the heart of famous Greek Row this portfolio boasts an impressive 9% CAP rate with significant room for expansion by an additional 30 rooms. Positioned 65 miles west of Chicago and 38 miles southwest of Naperville, this asset features three well-maintained cinder block/brick buildings with a total of 80 rooms, 8 full baths, 4 half baths, commercial kitchens, and various communal areas including study, dining, conference, TV, workout, and recreation rooms. The buildings, with total land of approx. 1.62 acres and approx. 37,576 total sf., are within a one-minute walk from each other, offer great outdoor area and 80 parking spaces. This portfolio, in the most desirable pocket of Greek Row, is fully occupied with long-term tenants. It benefits from excellent public transportation and security, and is uniquely laid out to attract the Greek Life fraternity and sorority community. The self-managed properties, under the same ownership for the past 18 years, are ready for new management with a local company on standby. Recent upgrades include newer roofs, windows, most mechanicals, fire panels, and sprinkler systems. The properties are annually inspected and approved for occupancy. With light to moderate interior and amenity upgrades, there is a clear potential to boost rents and further enhance value. The strategic location offers high visibility and easy access, positioned across from an approved by City Council est. $16M new "Greek Life Center", slated for completion in 2028. This will further enhance the desirability of these properties. New 2024-27 leases project a 13% CAP rate, making this an outstanding investment in one of the Midwest's most popular student housing markets. The "DeKalb, IL Fraternity / Student Housing Portfolio" not only offers immediate returns but also a promising future with some potential value-add opportunities. Inquire with the listing broker for a copy of the offering memorandum. Don't miss this chance to invest in a high-performing, strategically located portfolio that anchors the historic and thriving Greek Life community at NIU.
Presenting 802 S 4th St, a prime corner lot at the bustling intersection of S 4th St & E Taylor St. Boasting a high daily traffic count of 16,000 cars, this property offers incredible visibility and accessibility. The building and parking lot are both impeccably maintained, with the potential to bring your business idea to life effortlessly. Formerly a convenience store, the space has endless possibilities - from a new convenience store or butcher shop to a trendy retail store, professional office, or even an eatery with the added perk of a potential drive-thru option. With 18 convenient parking spots and an illuminated sign already in place, this location is ready to help your business thrive.
All brick mixed use building for sale. Current use is one residential apartment and 3 separate (or combined) office spaces along with 2nd floor storage. Apartment is occupied and leased through May of 2024. Commercial spaces are currently not being used. Tenant pays electric, gas, water and trash. This is a great opportunity to get some nice office space with extra storage and have income coming in from the apartment as well. Commercial space is also for lease, appx 1900 sq ft for $1500 per month (tenant pays utilities, owner pays taxes).
8 unit, Investment opportunity. Walking distance to campus. 4 two bedroom units and 4 one bedroom units. Rents range from $725-$825 a month. Laundry on site, coin operated units owned. Off street parking. Tenants pay all utilities and electric and water separately metered. Fully occupied, good investment opportunity. Driveway redone 2023.
Retail Building for Sale. Great Location - Right Across from NIU!!! Spaces also available for lease - spaces range from 3,328 to 5,695 square feet. Co-tenants include the Dominos, Panda House, Sharks, Cast Iron Coffee, a Barber Shop, and Graham Crackers. Plenty of Parking.
Step into a fully renovated apartment building that defines contemporary living at its finest. Immerse yourself in the result of meticulous upgrades, including central air, brand new furnaces, all new Pella windows, three dazzling new kitchens, and five elegantly enhanced bathrooms, all new plumbing, numerous electrical upgrades. This extensively renovated property offers a modern living experience with cutting-edge amenities designed to meet the highest standards of comfort. With newly installed furnaces and central air, this building ensures cost-effective heating and cooling solutions, contributing to lower operational expenses. Discover three brand new kitchens that seamlessly blend functionality and aesthetics, complete with modern appliances and abundant storage space. Five meticulously upgraded bathrooms showcase opulent finishes and fixtures, creating an inviting sanctuary for discerning tenants. This apartment building is a haven for investors, with its top-tier amenities and the potential for substantial rental income. Situated in a sought-after area, this property provides easy access to schools, parks, shopping, Northern Illinois University (NIU), and public transportation, making it incredibly attractive to potential tenants. Don't let this opportunity slip through your fingers. Secure your financial future with this fully renovated apartment building, and explore additional properties in the MLS for consideration of a package sale. Embrace the chance to be part of an extraordinary investment opportunity. Contact us now to arrange a viewing and uncover the boundless potential of this modern oasis. Additional properties in MLS for consideration of package sale.
Welcome to a premier investment opportunity in the Historical Ellwood District of DeKalb. This spacious rooming house at 230 Augusta Ave presents an exceptional investment with 16 units, boasting a brand-new kitchen upgrade, a dedicated parking lot, and a freshly painted interior, and on site coin laundry. This rooming house offers a steady stream of rental income, making it an ideal investment for long-term financial security. Each of the 16 units is designed to offer comfortable and versatile living spaces, making them highly desirable for tenants. This rooming house is truly an investor's dream, offering modern amenities and convenience, all within a well-maintained property. Don't miss out on this outstanding investment opportunity. Additional properties in MLS for consideration of package sale.
Welcome to a prime investment opportunity that offers both stability and comfort. This spacious rooming house boasts 11 units, each meticulously maintained and thoughtfully updated, making it an ideal addition to your investment portfolio. With 2 brand new furnaces (2023) ensuring efficient heating, fresh paint giving the property a rejuvenated look, and a new deck for added outdoor enjoyment, this rooming house is move-in ready for both you and your tenants. Each unit is well-appointed, providing tenants with comfortable living spaces that are highly attractive to renters. Historically, the property has experienced low vacancy rates, a testament to its appeal in the market. Rooming houses remain a sought-after housing option, and this property's updates ensure it meets the demands of modern renters. Seize the opportunity to add this turnkey rooming house to your investment portfolio. Schedule a viewing and discover the potential of this updated and income-generating property. Additional properties in MLS for consideration of package sale.
Discover an incredible investment opportunity in the heart of DeKalb, Illinois. This spacious rooming house presents an ideal chance for investors seeking to tap into the vibrant Ellwood district. Boasting a total of 9 generously sized bedrooms, this property is perfectly positioned within walking distance of Northern Illinois University (NIU), offering a convenient and enticing location for potential tenants. With 20-25 parking spaces available behind the property, convenience and parking shortages are never a concern for your tenants. The property has been thoughtfully vacated by the owner for construction purposes, allowing you to bring your vision to life and maximize its rental potential. Prior to the renovation, the property consistently attracted tenants, showcasing strong community interest and the potential for substantial returns upon completion. To explore this exciting investment prospect and discuss your plans further, reach out to us today. Don't miss out on this unique chance to invest in DeKalb's historic Ellwood district!
Receivership Sale - Vacant former fraternity house on Northern Illinois Campus. Three story building with 28 bedrooms. Shared bathroom/showers on each floor and a full finished basement with a kitchen. Could be continued as student housing or an ideal apartment conversion. Sale subject to court approval
This in-town, 2 parcel property offers 2 climate controlled pole/steel buildings each on it's own parcel with commercial zoning! Both buildings have separate parking, overhead doors and baths. Parcel 08-13-151-032 is located on .52 acres, building size 49x65 (2022 Taxes $6869.20) and joins up to parcel 18-13-151-031 which is located on .86 acres, building size 128x51 (2022 Taxes $13,306.70) totaling 1.38 acres with room to grow if needed or keep one parcel with building and sell/lease the other! Property taxes/lot size are combined on listing information.
Large Heavy Industrial zoned space with storage mezzanine located in central DeKalb. Ideal for multiple uses such as assembly, machine shop or storage. Drive-in overhead door and dock doors. Priced to sell.
Dekalb is located in Illinois. Dekalb, Illinois has a population of 43,141. Dekalb is less family-centric than the surrounding county with 28.82% of the households containing married families with children. The county average for households married with children is 31.65%.
The median household income in Dekalb, Illinois is $41,009. The median household income for the surrounding county is $58,343 compared to the national median of $57,652. The median age of people living in Dekalb is 24.7 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 12.6 degrees. The average rainfall is approximately 37 inches per year, with 31.6 inches of snow per year.