223 W Locust Street Dekalb, IL ^$ 265,000

223 W Locust Street

^$ 265,000

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223 W Locust Street

Dekalb, IL, 60115

^$ 265,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 1,653

223 W Locust Street, Dekalb, IL 60115 - Image 1

Multi-Family Home for sale in Dekalb, IL

for $265,000 with 3 bedrooms. This home was built in 1920.

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.

Multi-Family Active

Price

^$ 265,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 5,616

Style

Year Built

1920

Town/City

Dekalb

County/Region

De Kalb

MLS | Web ID

12407969

Features

General

Cooling Central Air

Zoning MULTI

Construction Materials Wood

Year Built 1920

Electric Circuit Breakers

Stories Count 3

Township DeKalb

Tax Year 2023

Gross Income 48000

County DeKalb

Net Operating Income 18309

Operating Expense 26039

Insurance Expense 1238

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 13245

Possible Use Multi-Family

Status Active

Directions First North to Locust West

City DeKalb

Number Of Units Total 7

MLS Area De Kalb

Tax Annual Amount 5616

Electric Expense 1034

Fuel Expense 1692

Trash Expense 1100

Water Sewer Expense 1100

Additional Parcels Y/N N

Standard Status Active

Interior

Basement Unfinished

Total Fireplaces 0

Exterior

Lot Dimensions 51X8X40X100+X46.66X107.50

* Excluded Features

List By

Century 21 Circle

Broker

slinda3@aol.com

Affordability Calculator

$2,121

Per Month

Monthly Principal & Interest: $1,653
Monthly Property Taxes: $468
Monthly Home Insurance: --

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Interest Rate

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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 27%

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
9/20/2025	$265,000	-10.17%	Price Down
7/3/2025	$295,000		Listed Price

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223 W Locust Street, Dekalb, IL, 60115 is a Multi-Family Home for sale at $265,000. 223 W Locust Street has 3 bedrooms, 0.0 baths, and was built in 1920. 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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223 W Locust Street

Multi-Family Home for sale in Dekalb, IL

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