About This Home
This 8-bedroom, 3-bathroom residential multi family at 226 W Locust St in Dekalb, IL is listed for $217,499 ($99 per sqft). Built in 1950, the home offers 2,198 sqft of living space on a 0.22 acres lot.
Key Features
- Built in 1950
- 0.22 acre lot
Property Details
Exceptional 7-unit Student Housing Investment opportunity located just steps from Northern Illinois University. This is a rare chance to acquire a high-performing, income-producing asset in one of the area's most consistently in-demand rental markets.
Strategically positioned near campus, the property benefits from strong student rental demand, attractive cash flow potential, and long-term investment stability. Whether you are looking to expand your portfolio or secure a turnkey multifamily asset in a proven location, this property presents an outstanding opportunity for both immediate income and future appreciation.
Monthly Cost Estimate
$1,163/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
226 W Locust St
Dekalb, IL 60115
Property Details
Flooring
Construction
Outdoor Features
Heating
Questions & Answers
This 8-bedroom, 3-bathroom residential multi family at 226 W Locust St is listed at $217,499 ($99/sqft). The estimated monthly payment is $1,163 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 0.22 acre lot.
This property is listed by Mitchell Cohen and can be reached at 8474363551.