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315 N 7th Street Dekalb, IL 60115
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Key Details
Sold Price $367,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11988066
Sold Date 07/29/24
Bedrooms 8
Year Built 1930
Annual Tax Amount $8,175
Tax Year 2022
Lot Dimensions 55X156
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.
Location
State IL
County Dekalb
Community Curbs, Sidewalks, Street Lights, Street Paved
Zoning COMMR
Rooms
Basement Partial
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Exterior Feature Porch
Waterfront false
View Y/N true
Roof Type Asphalt
Parking Type Off Alley
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 428, 428, 438
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Alex Medina • HomeSmart Realty Group