129 E Locust Street Dekalb, IL $ 229,000
129 E Locust Street
$ 229,000
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129 E Locust Street

Dekalb, IL, 60115
$ 229,000
Bedrooms-- Baths-- Sq 2,460

Monthly Estimate*

$ 1,410

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Commercial Property for sale in Dekalb, IL

for $229,000. This 2,460 square foot building was built in 1963 on a lot size of 0.061983.

Own this awesome commercial building for less than renting! Don't miss this owner user or investment opportunity in the best location downtown Dekalb! The building is 50% occupied by an established office tenant with a new long term lease. There is approximately 1230 sf available for an owner to occupy or to put another tenant or two in place. The vacant space has historically been a dentist's office and there is still plumbing in place. The building is currently set up as two units but it can easily be set up as three to create more income potential. There is a full basement of which half has leasing potential. The other half of the basement is primarily storage and mechanicals. Utilities are separately metered for a two unit set up. 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!

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Commercial Active

Price

$ 229,000

Property Type

Commercial

Taxes

$ 5,436

Style

Office

Lot Size

0.061983

Year Built

1963

Town/City

Dekalb

County/Region

De Kalb

MLS | Web ID

12437867

Features
General
Cooling Central Air
Year Built 1963
Electric Service - 101 to 200 Amps
Stories Count 1
Property Subtype Office
Tax Year 2024
Current Use Office
Gross Income 0
County DeKalb
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Office/Tech
Possible Use Commercial Retail
Status Price Change
Directions Lincoln Highway (Route 38) downtown Dekalb to 3rd Street North to Locust West to address - NW corner of 2nd Street and Locust
City DeKalb
Number Of Units Total 3
MLS Area De Kalb
Lot Size Square Feet 2700
Tax Annual Amount 5436
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
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Exterior
Building Area Total 2460
Lot Dimensions 60x43
Frontage Type City Street
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* Excluded Features
List By
Coldwell Banker Real Estate Group

Broker

chas.kirkwood@gmail.com

Email

Affordability Calculator

$1,863
Per Month
76%
24%
0%
Monthly Principal & Interest
$1,410
Monthly Property Taxes
$453
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
1/8/2026$229,000 -8.40% Price Down
8/5/2025$250,000 Listed Price

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129 E Locust Street, Dekalb, IL, 60115 is a Commercial Property for sale at $229,000 with 2,460 sqft and a lot size of 0.061983. 129 E Locust Street was built in 1963. The property's zip code is 60115 which is in Dekalb, IL