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    901 Lucinda Ave DeKalb, IL 60115

    Sponsored
    For Sale
    $2,139,000

    Prime NIU location, multiple lease spaces available.

    Property size:
    55,667 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional retail building, located at 901 Lucinda Avenue in DeKalb, Illinois, presents a lucrative investment opportunity. Boasting a substantial 55,667 square feet of space, the property enjoys a highly desirable location directly across from Northern Illinois University (NIU), ensuring consistent high foot traffic and visibility. The building is currently home to a diverse mix of established businesses, including Domino's Pizza, Panda House, Sharks, Cast Iron Coffee, a barber shop, and Graham Crackers, creating a vibrant and attractive retail environment. Multiple lease spaces are available, ranging in size from 3,328 to 5,695 square feet, offering flexibility for a variety of tenants. The property features ample parking, a significant advantage for both tenants and customers. The asking price for this exceptional retail building is $2,139,000. This presents a rare chance to acquire a well-established, high-traffic retail property in a thriving college town setting. The strong tenant mix and convenient location make this an ideal investment for those seeking a stable and potentially high-return property. The building's size and layout offer significant potential for future growth and expansion. Serious inquiries are encouraged.

    Property Features for 901 Lucinda Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    55,667 SF

    Building Details

    Year Built
    1969
    Property Profile Location Intelligence

    Current Use by Public Records

    Huskie Grocery Store, ... Grocery Store Panda House Chinese Restaurant Bright Field Church Non-Denominational Church Graham Crackers Comics ... Comic Book Store Cast Iron Coffee Coffee Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    DeKalb
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.77146
    Latitude
    41.93669

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    FAQs

    What type of property is this?
    Commercial real estate - Prime NIU location, multiple lease spaces available.
    Where is this commercial real estate located?
    The property is located at 901 Lucinda Ave DeKalb, IL.
    What is the asking price?
    The asking price for this property is $2,139,000.
    (815) 754-4000
    Request Owner's contact information
    901 Lucinda Ave DeKalb, IL 60115
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    DeKalb, IL 60115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    901 Lucinda Ave DeKalb, IL 60115
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