Address
227 W Locust Street, DeKalb, IL
Price
$ 315,000
Property Attributes
  • MLS#11901137
  • TypeContingent
  • CountyDE KALB
  • CityDeKalb
  • AreaDe Kalb
  • Zip60115
  • Style
  • Taxes$ 5192
  • Price$ 315,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Discover the perfect addition to your investment portfolio at this well-maintained 3-flat property in the heart of DeKalb. This property has been thoughtfully maintained with minor maintenance requirements, allowing you to enjoy a hassle-free ownership experience. With a history of dependable rental income, this 3-flat is a stable investment, perfect for both seasoned and new investors. Situated in a convenient location, the property is close to schools, shopping, parks, NIU and public transportation, making it highly appealing. DeKalb continues to experience strong demand for rental properties, providing a reliable pool of potential renters. With minor maintenance and a track record of profitability, this property offers an excellent opportunity to grow your investment portfolio. Take advantage of this opportunity to secure your financial future. Contact me today to schedule a viewing and explore the potential of this low-maintenance, high-yield investment property. Additional properties in MLS for consideration of package sale.

Price History
10/4/2023 Listed $255,000

General Features

Sewer Public Sewer
Heating Natural Gas
Possession Closing
Zoning MULTI
Township DeKalb
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 30540
Community Features Curbs,Sidewalks,Street Lights,Street Paved
County De Kalb
Net Operating Income 27598
Insurance Expense 1373
New Construction No
Property Type Residential Income
Contingency Other Contingency
MaintenanceExpense 419
Total Rooms 12
Status Contingent
Directions From North First Street,turn to West Locust Street. Property on the right
City DeKalb
High School District 428
MLS Area De Kalb
Waterfront Y/N No
Street Name Locust
Tax Annual Amount 5192.32
Electric Expense 232
Fuel Expense 469
Trash Expense 449
Water Sewer Expense 449
Days on Market 158
Standard Status Active Under Contract
Middle/Junior School District 428
Elementary School District 428
Property Type Two to Four Units

Interior Features

Basement Full
Street Suffix Street
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 5
Basement Finished
Full Baths Building 3
Total Number of Units 3

Exterior Features

Parking Features Off Street
Water Source Public
Total Parking 6
Lot Dimensions 58X139X66X100X40
Exterior Vinyl Siding

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
AVG $220K
$320K
Taxes
AVG $6,197
$5,192
Visits
AVG 149
109
Data Provided by Inside Real Estate®

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