Address
223 W Locust Street, DeKalb, IL
Price
$ 449,000
Property Attributes
  • MLS#11901350
  • TypeMulti-Family
  • CountyDEKALB
  • CityDeKalb
  • AreaDe Kalb
  • Zip60115
  • Style
  • Year Built1920
  • Taxes$ 5671
  • Price$ 449,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Step into a fully renovated apartment building that defines contemporary living at its finest. Immerse yourself in the result of meticulous upgrades, including central air, brand new furnaces, all new Pella windows, three dazzling new kitchens, and five elegantly enhanced bathrooms, all new plumbing, numerous electrical upgrades. This extensively renovated property offers a modern living experience with cutting-edge amenities designed to meet the highest standards of comfort. With newly installed furnaces and central air, this building ensures cost-effective heating and cooling solutions, contributing to lower operational expenses. Discover three brand new kitchens that seamlessly blend functionality and aesthetics, complete with modern appliances and abundant storage space. Five meticulously upgraded bathrooms showcase opulent finishes and fixtures, creating an inviting sanctuary for discerning tenants. This apartment building is a haven for investors, with its top-tier amenities and the potential for substantial rental income. Situated in a sought-after area, this property provides easy access to schools, parks, shopping, Northern Illinois University (NIU), and public transportation, making it incredibly attractive to potential tenants. Don't let this opportunity slip through your fingers. Secure your financial future with this fully renovated apartment building, and explore additional properties in the MLS for consideration of a package sale. Embrace the chance to be part of an extraordinary investment opportunity. Contact us now to arrange a viewing and uncover the boundless potential of this modern oasis. Additional properties in MLS for consideration of package sale.

Price History
10/4/2023 Listed $349,000

General Features

Cooling Central Air
Zoning MULTI
Year Built 1920
Tenant Pays None
Stories 3
Township DeKalb
Tax Year 2022
Gross Income 51600
County DeKalb
Net Operating Income 28682
Operating Expense 22918
Insurance Expense 1040
Property Type Commercial Sale
MaintenanceExpense 12642
Status Active
Directions From North First Street,turn at West Locust Street,property is the second house on the right
City DeKalb
NumberOfUnitsTotal 7
MLS Area De Kalb
Street Name Locust
Tax Annual Amount 5671
Electric Expense 232
Fuel Expense 2709
Trash Expense 312
Water Sewer Expense 312
Additional Parcels Y/N No
Days on Market 244
Standard Status Active
Property Type Multi Family 5+

Interior Features

Street Suffix Street
Basement Unfinished

Exterior Features

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 Multi-Family Average in 60115

Price
AVG $390K
$450K
Taxes
AVG $7,743
$5,671
Visits
AVG 161
137
Data Provided by Inside Real Estate®
Year Built
AVG 1929
1920
Walkscore
AVG 73
82
Data Provided by Walkscore® not using MLS data

Areas We Cover