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    Dekalb, IL Apartment Buildings for Sale

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    21-Unit Multifamily Building
    Updated: Jul 28
    21-Unit Multifamily Building

    534 College Ave, Dekalb, IL 60115

    $644,499
    5,928 sqft 0.40 AC lot
    21 units and described as fully leased investment
    Approximately 0.4‑acre lot
    5,928 SF building size
    Built in 1900 with vinyl siding and asphalt roof
    Forced air natural gas heating
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    7-Unit Apartment Building
    Updated: Jul 28
    7-Unit Apartment Building

    226 W Locust St, Dekalb, IL 60115

    $217,499
    2,198 sqft 0.22 AC lot
    7‑unit student housing apartment building near Northern Illinois University
    0.22‑acre lot
    2,198 square feet
    Built in 1950
    Vinyl siding with asphalt roof
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    21-Unit Apartment Building Near NIU
    21-Unit Apartment Building Near NIU

    534 College Ave, Dekalb, IL 60115

    $644,499
    5,928 sqft

    Fully leased apartment property positioned one block from Northern Illinois University.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Seven-Unit Student Housing Building
    Seven-Unit Student Housing Building

    226 West Locust Street, Dekalb, IL 60115

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    2,198 sqft

    Seven-unit student housing building near Northern Illinois University, offering a straightforward residential income configuration for investors.

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    Brick Multifamily Investment Property
    Brick Multifamily Investment Property

    901, 915 & 927 W. Hillcrest Dr., Dekalb, IL 60115

    Contact for pricing
    14,840 sqft

    Fourteen thousand buildings? No—22-unit multifamily across three brick buildings with separate electric and gas metering.

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    Apartment Portfolio with Townhouse Units
    Apartment Portfolio with Townhouse Units

    1121 W. Hillcrest Drive, Dekalb, IL 60115

    Contact for pricing
    25,917 sqft

    Two DeKalb properties combine townhouse units with student- and sorority-oriented housing formats.

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    Student Housing Apartment Portfolio
    Student Housing Apartment Portfolio

    511 Normal Rd, Dekalb, IL 60115

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    Portfolio offering a total of 52 apartments with on-site parking and laundry across two DeKalb properties near Northern Illinois University.

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    Mixed-Use Office and Apartment Building
    Mixed-Use Office and Apartment Building

    151 N 4th St, Dekalb, IL 60115

    Contact for pricing

    Mixed-use building with vacant apartments and multiple office units, plus basement parking garage and submitted rehab plans.

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    Fraternity Housing Apartment Building
    Fraternity Housing Apartment Building

    910 W Hillcrest Drive, Dekalb, IL 60115

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    37,576 sqft

    Two-story masonry building with English basement, 30 rooms, multiple communal bathrooms, and a commercial kitchen.

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    Purpose-Built Fraternity Apartment Building
    Purpose-Built Fraternity Apartment Building

    928 W Hillcrest Drive, Dekalb, IL 60115

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    15,106 sqft

    A 30-room fraternity-focused building with communal baths, chapter rooms, study areas, and on-site dining and kitchen facilities.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 Active listings in Dekalb, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Downtown Building
    Mixed-Use Downtown Building

    522 S State Street, Belvidere, IL 61008

    $450,000
    4,180 sqft

    Mixed-use building with a main-level bar and five occupied residential lofts, with central air throughout.

    View details
    Brick 5-Flat Apartment Building
    Brick 5-Flat Apartment Building

    St Charles, IL 60174

    $550,000

    Occupied apartments include private storage lockers, shared laundry access, and covered parking.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    St Charles, IL 60174

    $699,000

    Separately metered apartments include shared storage and coin-operated laundry facilities.

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    Mixed-Use Building with Bar and Lofts
    Mixed-Use Building with Bar and Lofts

    522 S State Street, Belvidere, IL 61008

    Contact for pricing

    Turnkey mixed-use property combining an established bar with fully occupied residential lofts and central air.

    View details

    Dekalb, IL Apartment Buildings Market Trends and Statistics

    Explore 10 apartment buildings for sale in Dekalb, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 109,691 square feet of properties for sale, with an estimated market value of $1,506,497.

    Sale prices for two-family homes in Dekalb, IL start at $217,499, averaging $502,165, and reaching up to $644,499 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 42K
    Population Growth (5Y) -6.3%
    Median Household Income $46,808
    College Educated 50.0%

    High-Yield Neighborhoods for Investment

    Identify Dekalb submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60115 $433.7K

    Taxes & Financing

    Tax Rate (average for all types) 7.93%
    Property Tax per SF $92.14 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in DeKalb County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Dekalb fall within the 50,000 to 100,000 square foot range.

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