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305 College Avenue

DeKalb, Illinois, 60115, United States

Property ID: #1018595 // Commercial // Source Status: Active
305 College Avenue
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Traditional Sale
List Price:
$329,000.00
Icon - ft²
Icon 80 acres
Icon - beds
Icon - baths
Address:
305 College Avenue
City:
DeKalb
State:
Illinois
Municipality or Township:
DeKalb
Zip Code:
60115
County:
DeKalb
Country:
United States
Property Type:
Commercial
Additional Property Types:
Other
Year Built:
1903
Lot Size:
80 acres
Data Source:
Midwest Real Estate Data
MLS/Reference Number(s):
MRD11901218
Source Status:
Active
Source Property Type:
Commercial, Multi Family

Property Provided By

  • Melanie Walker
  • Coldwell Banker Real Estate Group
  • +1 (815) 553-2406

Connect with local buyer agents who are willing to offer commission savings!

Property Information

Welcome to a prime investment opportunity that offers both stability and comfort. This spacious rooming house boasts 11 units, each meticulously maintained and thoughtfully updated, making it an ideal addition to your investment portfolio. With 2 brand new furnaces (2023) ensuring efficient heating, fresh paint giving the property a rejuvenated look, and a new deck for added outdoor enjoyment, this rooming house is move-in ready for both you and your tenants. Each unit is well-appointed, providing tenants with comfortable living spaces that are highly attractive to renters. Historically, the property has experienced low vacancy rates, a testament to its appeal in the market. Rooming houses remain a sought-after housing option, and this property's updates ensure it meets the demands of modern renters. Seize the opportunity to add this turnkey rooming house to your investment portfolio. Schedule a viewing and discover the potential of this updated and income-generating property. Additional properties in MLS for consideration of package sale.

Directions

From North First Street, turn on West Locust Street, to Linden then College Ave. Parking lot rear of building.

Source Disclaimer

Midwest Real Estate Data

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Courtesy of Coldwell Banker Real Estate Group.
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Based on information submitted to the MLS GRID as of 2024-10-07 19:19:53. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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