315 N 7th Street Dekalb, IL $ 425,000
315 N 7th Street
$ 425,000
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315 N 7th Street

Dekalb, IL, 60115
$ 425,000
Bedrooms8 Baths5.1 Sq 3,200

Monthly Estimate*

$ 2,825

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Multi-Family Home for sale in Dekalb, IL

for $425,000 with 8 bedrooms and 5 full baths, 1 half bath. This 3,200 square foot home was built in 1930.

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.

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Multi-Family Contingent

Price

$ 425,000

Bedrooms

8

Full Bath

5

Half Bath

1

Property Type

Multi-Family

Taxes

$ 8,175

Style

Year Built

1930

Town/City

Dekalb

County/Region

De Kalb

MLS | Web ID

11988066

Features
General
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 N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Other Structures Shed(s)
Total Rooms 14
Status Contingent
Directions Rt 38 to 7th St North. Park in the rear
City DeKalb
High School District 438
MLS Area De Kalb
Waterfront Y/N N
Street Name 7th
Tax Annual Amount 8175
Days on Market 98
Standard Status Active Under Contract
Middle/Junior School District 428
Elementary School District 428
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Interior
Basement Partial Unfinished Crawl
Street Suffix Street
Total Bedrooms 8
Total Baths 5
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 1
Total Number of Units 4
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Exterior
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
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* Excluded Features
List By
Keller Williams Innovate - Aurora

Broker

kathy@kathybrothers.com

Email

Affordability Calculator

$3,506
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,825
Monthly Property Taxes
$681
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3020276 Elementary School
3020275 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/23/2024$425,000 Listed Price

Map


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315 N 7th Street, Dekalb, IL, 60115 is a Multi-Family Home for sale at $425,000 with 3,200 sqft. 315 N 7th Street has 8 bedrooms, 5.1 baths, and was built in 1930. The property's zip code is 60115 which is in Dekalb, IL