MULTI-FAMILY INVESTMENT INCOME 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. FULLY RENTED! 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. NEW ROOF AND NEW PARKING LOT!
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.
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!
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
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
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!
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.
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.
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.