305 College Avenue Dekalb, IL ^$ 280,000

305 College Avenue

^$ 280,000

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305 College Avenue

Dekalb, IL, 60115

^$ 280,000

Bedrooms1 Baths0.0

Monthly Estimate*

^$ 1,747

305 College Avenue, Dekalb, IL 60115 - Image 1

Multi-Family Home for sale in Dekalb, IL

for $280,000 with 1 bedroom. This home was built in 1903.

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.

Multi-Family Active

Price

^$ 280,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 7,214

Style

Year Built

1903

Town/City

Dekalb

County/Region

De Kalb

MLS | Web ID

12381367

Features

General

Cooling Central Air

Possession Closing

Zoning MULTI

Construction Materials Wood

Year Built 1903

Stories Count 3

Township DeKalb

Tax Year 2023

Gross Income 50940

County DeKalb

Net Operating Income 30308

Operating Expense 24879

Insurance Expense 1180

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 5136

Status Active

Directions From N First St to Loust west to Linden then College Ave

City DeKalb

Number Of Units Total 11

MLS Area De Kalb

Tax Annual Amount 7214

Electric Expense 3393

Fuel Expense 3034

Trash Expense 1850

Water Sewer Expense 1850

Additional Parcels Y/N N

Standard Status Active

Interior

Basement Partially Finished

Exterior

Lot Dimensions 80X165

* Excluded Features

List By

Century 21 Circle

Broker

slinda3@aol.com

Affordability Calculator

$2,348

Per Month

Monthly Principal & Interest: $1,747
Monthly Property Taxes: $601
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Multi-family listings in Dekalb, IL

Average List Price ^$337,629

Percent of Sale Price 21%

About Dekalb, IL

41,963 Population

9% Since 2002

^$42,097 Median Income

24.69 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/8/2025	$280,000	-5.08%	Price Down
9/20/2025	$295,000	-3.28%	Price Down
6/2/2025	$305,000		Listed Price

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305 College Avenue, Dekalb, IL, 60115 is a Multi-Family Home for sale at $280,000. 305 College Avenue has 1 bedrooms, 0.0 baths, and was built in 1903. The property's zip code is 60115 which is in Dekalb, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/14/2025.

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305 College Avenue

Multi-Family Home for sale in Dekalb, IL

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