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501 College Avenue Dekalb, IL $ 935,000
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$ 935,000 Get more info
501 College Avenue
$ 935,000
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501 College Avenue

Dekalb, IL, 60115
$ 935,000
Bedrooms10 Baths0.0

Monthly Estimate*

$ 5,600

501 College Avenue, Dekalb, IL 60115 - Image 1
501 College Avenue, Dekalb, IL 60115 - Image 2
501 College Avenue, Dekalb, IL 60115 - Image 3
501 College Avenue, Dekalb, IL 60115 - Image 4
501 College Avenue, Dekalb, IL 60115 - Image 5
501 College Avenue, Dekalb, IL 60115 - Image 6
501 College Avenue, Dekalb, IL 60115 - Image 7

Multi-Family Home for sale in Dekalb, IL

for $935,000 with 10 bedrooms. This home was built in 1900.

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.

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Multi-Family Active

Price

$ 935,000

Bedrooms

10

Property Type

Multi-Family

Taxes

$ 9,300

Style

Year Built

1900

Town/City

Dekalb

County/Region

De Kalb

MLS | Web ID

12190636
Features
General
Zoning MULTI
Year Built 1900
Stories 3
Tax Year 2023
Gross Income 121680
County DeKalb
Net Operating Income 97800
Operating Expense 23880
Insurance Expense 5200
Property Type Commercial Sale Multi Family 5+
Status Active
Directions 1st Street to Locust to College to units
City DeKalb
NumberOfUnitsTotal 9
MLS Area De Kalb
Tax Annual Amount 9300
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 60 X 89C X 124.40 X 7 X 40+ X 53.30 X 186
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* Excluded Features
List By
Zachary Ottum

Listing Agent

Dekalb - Weichert, Realtors® - Signature Professionals

Broker

Affordability Calculator

$6,375
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,600
Monthly Property Taxes
$775
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
10/19/2024$935,000 Listed Price

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501 College Avenue, Dekalb, IL, 60115 is a Multi-Family Home for sale at $935,000. 501 College Avenue has 10 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 60115 which is in Dekalb, IL

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