Dekalb IL Commercial for Sale

ADDITIONAL INFORMATION

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. Owner has vacated the property to have improvements made to the home. If you're looking for an investment, this rooming house host 9 bedrooms, 3 bathrooms. New kitchen with new appliances, new flooring also. Freshly painted throughout. Some replacement windows have been installed. Roof is approx. 4yrs.old. Parking for 13 to 18 cars. It is a license rooming house. Thinking of an investment this home is ready to rent, don't miss the opportunity! Invest in one of the historical districts in DeKalb.

ADDITIONAL INFORMATION

LOOKING GOOD!!! TENANTS resposible for all UTILITIES Property locally managed(mike pittsley r.e. and management company) property well maintained local owner Good and HUGE Usable Basement. 4(#3 and #4 completed in june and aug. of 24) renovated apts.(turnover's) (#2 and #5 completed) building will be like new!!!! call for info i am realtor/owner 5 of 6 apts have been renovated within 1 year 4 in 2024

ADDITIONAL INFORMATION

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 June of 2025. 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).

ADDITIONAL INFORMATION

Investment Opportunity with these well maintained multi units next to NIU campus. 2 units that must be sold together, under one parcel. 501: 6 unit with laundry and parking. 503: recently rehabbed, 3 unit with laundry and parking. Tenants pay all utilities, owner pays landscaping and snow removal. 501 fully leased with long term tenant and 501 turning over 1 unit, others all occupied. Owner has another unit he would consider selling. Turn Key Opportunity, buildings are already managed by local management company.

ADDITIONAL INFORMATION

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)

ADDITIONAL INFORMATION

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)

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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!

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

Well located 5 story office building in the heart of downtown DeKalb. Adjacent to DeKalb theater, close to all downtown amenities. Approx 29,000 sq ft, plus basement and drive through. On-site parking with approx. 20 spaces. Former bank on 1st floor with offices on floors 2 through 5. Functioning walk in safe in basement. Flexible floorplans adaptable to many uses. Approx 20% occupied with two current tenants. Verizon lease in place for roof top antenna. Fiber installed in building. Located in downtown TIF/ Redevelopment District. Great value-add or redevelopment opportunity!

ADDITIONAL INFORMATION

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

ADDITIONAL 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.