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315 N 7th Street, DeKalb, IL 60115

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For Sale

$425,000

8 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 11988066

Courtesy Of Keller Williams Innovate

(630) 423-8223

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Heating Fuel
    Natural Gas
  • Heating System
    Forced Air
  • Roof Type
    Asphalt
  • Rooms
    Bedroom

Map and Directions

Directions to 315 N 7th Street, DeKalb, IL 60115

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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