Address
230 Augusta Avenue, DeKalb, IL
Price
$ 460,000
Property Attributes
  • MLS#11901270
  • TypeContingent
  • CountyDE KALB
  • CityDeKalb
  • AreaDe Kalb
  • Zip60115
  • Style
  • Year Built1920
  • Taxes$ 7961
  • Price$ 460,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Welcome to a premier investment opportunity in the Historical Ellwood District of DeKalb. This spacious rooming house at 230 Augusta Ave presents an exceptional investment with 16 units, boasting a brand-new kitchen upgrade, a dedicated parking lot, and a freshly painted interior, and on site coin laundry. This rooming house offers a steady stream of rental income, making it an ideal investment for long-term financial security. Each of the 16 units is designed to offer comfortable and versatile living spaces, making them highly desirable for tenants. This rooming house is truly an investor's dream, offering modern amenities and convenience, all within a well-maintained property. Don't miss out on this outstanding investment opportunity. Additional properties in MLS for consideration of package sale.

Price History
10/4/2023 Listed $360,000

General Features

Cooling None
Possession Closing
Zoning MULTI
Year Built 1920
Tenant Pays Other
Stories 3
Township DeKalb
Tax Year 2022
Gross Income 74080
County De Kalb
Net Operating Income 42678
Operating Expense 33402
Insurance Expense 1105
Property Type Commercial Sale
Contingency Other Contingency
MaintenanceExpense 13998
Status Contingent
Directions FROM NORTH FIRST STREET,TO AUGUSTA AVE,WEST TO PROPERTY
City DeKalb
Total Units 16
MLS Area De Kalb
Street Name Augusta
Tax Annual Amount 7961
Electric Expense 2960
Fuel Expense 3810
Trash Expense 1784
Water Sewer Expense 1784
Additional Parcels Y/N No
Days on Market 158
Standard Status Active Under Contract
Property Type Multi Family 5+

Interior Features

Street Suffix Avenue
Basement Partially Finished

Exterior Features

Lot Dimensions 80X143
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 $190K
$460K
Taxes
AVG $5,789
$7,961
Visits
AVG 139
98
Data Provided by Inside Real Estate®
Year Built
AVG 1966
1920

Areas We Cover