Address
345 Augusta Avenue, DeKalb, IL
Price
$ 425,000
Property Attributes
- MLS#11842205
- TypeContingent
- CountyDE KALB
- CityDeKalb
- AreaDe Kalb
- Zip60115
- StyleMulti-Family
- Taxes$ 6423
- Price$ 425,000
- Bedrooms10
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Discover an incredible investment opportunity in the heart of DeKalb, Illinois. This spacious rooming house presents an ideal chance for investors seeking to tap into the vibrant Ellwood district. Boasting a total of 9 generously sized bedrooms, this property is perfectly positioned within walking distance of Northern Illinois University (NIU), offering a convenient and enticing location for potential tenants. With 20-25 parking spaces available behind the property, convenience and parking shortages are never a concern for your tenants. The property has been thoughtfully vacated by the owner for construction purposes, allowing you to bring your vision to life and maximize its rental potential. Prior to the renovation, the property consistently attracted tenants, showcasing strong community interest and the potential for substantial returns upon completion. To explore this exciting investment prospect and discuss your plans further, reach out to us today. Don't miss out on this unique chance to invest in DeKalb's historic Ellwood district!
| Price History | |
|---|---|
| 7/26/2023 | Listed $315,000 |
General Features
| Cooling | None |
|---|---|
| Possession | Closing |
| Zoning | MULTI |
| Tenant Pays | None |
| Stories | 3 |
| Township | DeKalb |
| Tax Year | 2022 |
| Current Use | Multi-Family |
| Gross Income | 45000 |
| County | De Kalb |
| Net Operating Income | 23557 |
| Operating Expense | 21443 |
| Insurance Expense | 1200 |
| Property Type | Commercial Sale |
| Contingency | Other Contingency |
| MaintenanceExpense | 5000 |
| Status | Contingent |
| Directions | Rte 38 to Castle Drive,east on College,North to property on the left |
| City | DeKalb |
| Total Units | 9 |
| MLS Area | De Kalb |
| Street Name | Augusta |
| Tax Annual Amount | 6423 |
| Electric Expense | 3000 |
| Fuel Expense | 1800 |
| Trash Expense | 1800 |
| Water Sewer Expense | 1800 |
| Additional Parcels Y/N | No |
| Days on Market | 229 |
| Standard Status | Active Under Contract |
| Property Type | Multi Family 5+ |
Interior Features
| Street Suffix | Avenue |
|---|---|
| Basement | Unfinished,Exterior Access |
Exterior Features
| Foundation Details | Concrete Perimeter,Stone |
|---|---|
| Lot Dimensions | 0.000 |
| Frontage Type | City Street |
| Exterior | Cedar |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 60115
Price
Taxes
Visits
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of May 25, 2024 3:03 PM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of May 25, 2024 3:03 PM UTC
