Address
315 N 7th Street, DeKalb, IL
Price
$ 425,000
Property Attributes
  • MLS#11988066
  • TypeMulti-Family
  • CountyDEKALB
  • CityDeKalb
  • AreaDe Kalb
  • Zip60115
  • Style
  • Year Built1930
  • Taxes$ 8175
  • Price$ 425,000
  • Bedrooms8
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage3200
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Attention Investors! Look at the cash flow opportunities here! Located approximately 1 mile from Northern Illinois University, and approximately 4 miles from Meta's new DeKalb Data Center. Unit 1 has 3 bedrooms and 1 1/2 baths, kitchen, three season room, full basement with washer/dryer, huge living room and dining room, three bedrooms upstairs: currently rents for $1400 mo. Some new windows in unit 1. Unit 2 kitchen was updated in 2019. Featuring 1 bedroom, 1 bath, kitchen, washer/dryer combo in unit, all new windows: currently rents for $900 mo. Unit 3 is a 1 bedroom, kitchen, 1 bath, washer/dryer combo in unit, all new windows: currently rents for $800 mo. Units 2 and 3 share furnace. Unit 4 has a kitchen, a mudroom/laundry with a washer/dryer hook up, 1 bed, one bath on the 1st floor, 2 huge bedrooms upstairs each with 2 large closets. Furnace new in 2020: currently rents for $1500 mo. Unit 5 could be rented as storage space if the new owner wants. Units 1 & 4 have their own water heater and furnace, Units 2 & 3 share heat/water. Units all have window AC. These will stay. Each unit has separate electric meters. Laundry is in all units. Sump pump was replaced in 2019. Zoned Commercial. Property has excellent rent history. Don't wait to jump on this opportunity.

Price History
2/23/2024 Listed $425,000

General Features

Sewer Public Sewer
Heating Natural Gas,Forced Air
Possession Closing
Roof Asphalt
Exterior Features Porch
Zoning COMMR
Year Built 1930
Township DeKalb
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 54000
Community Features Curbs,Sidewalks,Street Lights,Street Paved
County DeKalb
New Construction No
Property Type Residential Income
Other Structures Shed(s)
Total Rooms 14
Status Active
Directions Rt 38 to 7th St North. Park in the rear
City DeKalb
High School District 438
MLS Area De Kalb
Waterfront Y/N No
Street Name 7th
Tax Annual Amount 8175
Days on Market 64
Standard Status Active
Middle/Junior School District 428
Elementary School District 428
Property Type Two to Four Units

Interior Features

Basement Partial
Street Suffix Street
Total Bedrooms 8
Total Baths 5
Bedrooms Possible 8
Basement Unfinished,Crawl
Full Baths Building 4
Half Baths Building 1
Total Number of Units 4

Exterior Features

Parking Features Off Alley
Water Source Public
Total Parking 7
Foundation Details Concrete Perimeter
Lot Dimensions 55X156
Other Equipment Ceiling Fan(s)
Exterior Brick,Frame

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 $450K
$430K
Taxes
AVG $10,733
$8,175
Visits
AVG 116
61
Data Provided by Inside Real Estate®
Year Built
AVG 1953
1930

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