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    DeKalb Triplex Near Downtown Title is generated by Realmo AI

    204 W Locust Street, Dekalb, IL 60115

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    For Sale
    $299,900

    MULTI_FAMILY - DeKalb, IL

    Added:
    Feb 1, 2026
    Days on Market:
    129
    Last Refresh:
    Jun 10 at 5:06 pm

    Property Features for 204 W Locust Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Basement, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 5
    Parking
    2
    Parking features
    Garage
    Basement
    Full, Finished
    Standard status
    Active
    APN
    0822278010

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    6684

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Building materials
    Vinyl Siding

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    Listing Contact
    Zachary Ottum

    Listing agent Zachary Ottum License #475184666

    Listing office Weichert REALTORS Signature Professionals 211 N. First Street, Dekalb, IL

    Listing date Feb 1, 2026

    MLS# 12559596 Listing URL

    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.

    HighLights

    • Fully rented 3‑unit property with long‑term tenants and positive cash flow.
    • Ideal investment opportunity near Downtown DeKalb and Northern Illinois University (NIU).
    • Tenants pay all utilities, maximizing owner income.
    • Includes a 2‑car detached garage and extra parking spaces.
    • Professionally managed by a local company.
    • Conveniently located near restaurants, shopping, bus routes, and major roads.

    Overview

    This three-unit property is located near Downtown DeKalb and close to Northern Illinois University. The property is fully rented with long-term tenants and provides positive cash flow. A two-car detached garage is included, along with extra parking spaces next to the garage and nearby street parking. Tenants are responsible for all utilities. The property is located minutes from Northern Illinois University, Downtown DeKalb, restaurants, shopping, bus routes, and major roads, including Annie Glidden Rd and Lincoln Hwy. The property is currently professionally managed by a local company.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    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
    -88.754924
    Latitude
    41.931869

    FAQs

    What type of property is this?
    Triplex - Three-unit property near downtown DeKalb, fully rented, positive cash flow.
    Where is this triplex located?
    The property is located at 204 W Locust Street Dekalb, IL.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: Fully rented 3‑unit property with long‑term tenants and positive cash flow.; Ideal investment opportunity near Downtown DeKalb and Northern Illinois University (NIU).; Tenants pay all utilities, maximizing owner income.
    More about this property
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