Bought with Alison Rosenow of American Realty Illinois LLC
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501 College Avenue Dekalb, IL 60115
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Key Details
Sold Price $762,500
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12190636
Sold Date 10/22/25
Year Built 1900
Annual Tax Amount $9,041
Tax Year 2023
Lot Dimensions 60 X 89C X 124.40 X 7 X 40+ X 53.30 X 186
Property Sub-Type Multi Family 5+
Property Description
Investment Opportunity with these well maintained multi units next to NIU campus. 2 units that must be sold together, under one parcel. 501: 6 unit with laundry and parking. 503: recently rehabbed, 3 unit with laundry and parking. Tenants pay all utilities, owner pays landscaping and snow removal. Both units are fully occupies and rarely have turnover. Owner has another unit he would consider selling. Turn Key Opportunity, buildings are already managed by local management company.
Location
State IL
County Dekalb
Zoning MULTI
Interior
Fireplace N
Exterior
View Y/N true
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