129 E Locust Street, Dekalb, IL 60115

Building Details

Year built

1963

Floors in Building

1

Number of units

3

Listing agent Charles Kirkwood License #475142955 Show Phone

Listing office Coldwell Banker Real Estate Group l***@cbhonig-bell.com 230 E State St., Joliet, IL Show Phone

Listing date Aug 4, 2025

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MLS# 12437867

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This for-sale office building is currently fully leased and configured as two separate units, with one unit under renovation. The layout could be reconfigured into three units in the future, supported by three entrances and three bathrooms. Each unit has its own dedicated furnaces, air conditioners, and water heaters. A full basement runs beneath the building; one half is finished with a concrete floor and a bathroom, while the other half is suited for storage. Recent improvements include a new furnace, new drain tile, and a battery backup system for the sump pump in the basement. Gas and electric utilities are paid by the tenants and are separately metered.

Located at 129 E Locust Street in DeKalb, the property is described as being only a short block from downtown restaurants, shops, and City Hall, supporting convenient access for day-to-day business and visitors.

For tenants and buyers seeking an office building with established occupancy, the current structure offers immediate income from two tenants and the flexibility to adjust the unit count if needed. Separate mechanical systems and utility metering can simplify operations, while the finished basement area with bathroom provides additional usable space for the right user.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Dekalb

County

DeKalb

State

Illinois

Longitude

-88.75432

Latitude

41.932293

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FAQs

What type of property is this?

Office units - Fully leased two-unit office property with separate mechanicals and a full basement, including finished space and storage.

Where is this office units located?

The property is located at 129 E Locust Street Dekalb, IL.

What is the asking price?

The asking price for this property is $229,000.

What are key features of this property?

This property features: Fully leased downtown DeKalb building with dedicated office tenant and salon tenant; Set up as 2 units; could be converted to 3 units with 3 entrances and 3 bathrooms; Dedicated furnaces, air conditioners, and water heaters for both units; tenants have separate gas/electric metering