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713 E Lincoln Highway

Dekalb, IL 60115
  • $149,900
  • STATUS: Active Under Contract
  • ON SITE: 237 Days
  • MLS #: 11825819
Under Contract
UPDATED: 59 min ago
$149,900
  • 3
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Information

Elementary School:
High School:
School District:
428

Description

Great Location & Investment Opportunity! Welcome to an exceptional real estate opportunity located on the main strip leading to the newly revived downtown DeKalb. This property offers not one, but two units! The first unit features 1 bedroom and 1 bathroom, providing a cozy and comfortable living space. The second unit boasts 2 bedrooms and 1 bathroom, offering more versatility and room for growth. With this unique configuration, you can choose to live in one unit while renting out the other, ensuring a steady income stream.Situated within miles of Northern Illinois University, this property holds immense appeal for students, faculty, and staff. The proximity to the university presents an excellent opportunity for rental demand and ensures a steady pool of potential tenants.Furthermore, the property has undergone recent updates, making it an attractive and easy-to-rent investment property. Take advantage of the thriving downtown DeKalb area and the close proximity to Northern Illinois University. Act now and seize the rewards that this property has to offer. "AS-IS" and Cash or Conventional Loans only.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-03-01T15:00:50.62 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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713 E Lincoln Highway Dekalb, IL 60115

  • Price: $149,900
  • Status: Active Under Contract
  • On Site: 237 Days
  • Updated: 59 min ago
  • MLS #: 11825819
3
Beds
0
Baths
0
½ Baths
0.07
Acres
1910
Built
Neighborhood:
De Kalb
County:
De Kalb
Area:
De Kalb
Elementary School:
Founders Elementary School
High School:
De Kalb High School
School District:
428
Property Description
Great Location & Investment Opportunity! Welcome to an exceptional real estate opportunity located on the main strip leading to the newly revived downtown DeKalb. This property offers not one, but two units! The first unit features 1 bedroom and 1 bathroom, providing a cozy and comfortable living space. The second unit boasts 2 bedrooms and 1 bathroom, offering more versatility and room for growth. With this unique configuration, you can choose to live in one unit while renting out the other, ensuring a steady income stream.Situated within miles of Northern Illinois University, this property holds immense appeal for students, faculty, and staff. The proximity to the university presents an excellent opportunity for rental demand and ensures a steady pool of potential tenants.Furthermore, the property has undergone recent updates, making it an attractive and easy-to-rent investment property. Take advantage of the thriving downtown DeKalb area and the close proximity to Northern Illinois University. Act now and seize the rewards that this property has to offer. "AS-IS" and Cash or Conventional Loans only.
Exterior Features

Exterior Building Type Vinyl Siding Exterior Features DeckPorch Foundation Details Block Is Parking Included In Price Yes Lot Features Corner LotSidewalksStreetlights Lot Size Less Than .25 Acre Multi Family Type 2 Flat Other Structures None Parking Details Space/s Parking Features Off Alley Parking Onsite Yes Parking Ownership Owned Parking Total 2 Roof Asphalt Waterfront YN No

Interior Features

Basement Unfinished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 3 Full Baths In Building 2 Half Baths In Building 0 Heating Natural Gas Room Type Enclosed BalconyFoyer Rooms Total 9

Property Features

Age 100+ Years Built Before1978 YN Yes Community Features CurbsSidewalksStreet LightsStreet Paved Contingency Attorney/Inspection Continue To Show Yes Corporate Limits DeKalb General Information School Bus ServiceCommuter BusInterstate Access Gross Income 17760 Mls Actual Status Contingent Net Operating Income 14222 New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 2019 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3537.3 Tax Year 2022 Total Numberof Unitsin Building 2 Total Rental Income 17760 Township DeKalb Type Two to Four Units Water Source Public

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of American Realty Illinois LLC: 815-991-5298.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-03-01T15:00:50.62 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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4112C Fieldstone Road
Champaign IL, 61822