Corcoran Urban Real Estate
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6 Properties Within 0.5 miles of: 204 S 7th, Dekalb

204 S 7th
Dekalb, IL 60115

  • 4 Beds
  • Built In 1875
Price

$249,900

Est Payment
$1,924 / month (details)  
Taxes
$7,339  
Beds
4  
Rooms
14  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
96X132  
Built
1875  
Neighborhood
De Kalb  
MLS
#11638849
Status
Cancelled

Property Description

Why not have your tenants help pay your mortgage - especially with the rising interest rates? The lower level of this home (Unit 1) can easily be owner-occupied. Or this three-unit converted home would make a nice addition to a portfolio. Enter through the wrap-around porch to the main entrance of the building. Unit 1 has 2-3 bedrooms, 9-foot ceilings, a new shower, a large living room, a formal dining room, ceiling fans, and a nice kitchen with an entrance to the basement and AC. The garage can be for unit 1 as well as a washer and dryer. (Interior photos are of Unit 1 only). Unit 2 is to the right of the stairs and Unit 3 is at the top of the stairs. Unit 2 has one bedroom, a living room, a kitchenette, and a bedroom with access to the back deck. Unit 3 is more like a "suite" with a living room, bedroom, kitchen, and access to the back deck as well. The two-garage can be for Unit 1 or one can rent it out for an additional fee. (Increased rent for Unit 1 would warrant the use of the garage). The basement is accessible by all three tenants. All three units use the basement space for storage. The corner lot is quite spacious and can be enjoyed by the tenants for outdoor activities. You'll be impressed with the basement. It is all concrete poured and like brand new. Updates include two new water heaters (2020); a new shower in Unit 1 (2022); a chimney stack (2018); newer siding. Close to downtown DeKalb, NIU, and I-88 access. This could be the investment property you are looking for or a great place to call your home while the tenants help pay the mortgage.

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Exterior Features
Porch
Parking
2 Garage Spaces, Assigned, Unassigned, Off Street, Driveway, Garage Door Opener(s), Transmitter(s), Owned, Owned, Parking included in price
Schools
District 428

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

09-26-2022 Listed at $265,000
11-10-2022 Price decreased by $15,100 to $249,900
12-09-2022 Status changed to Cancelled
Last Modified 12/9/22 7:49 AM

Nearby Transportation

  • I 88 West 1.8 mi
  • I 88 East 1.9 mi
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