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Duplex Income Property
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Pending

1112 Market Street, Dekalb, IL 60115

Two-unit duplex with 3 bedrooms downstairs and 2 bedrooms upstairs, each with separate access areas and newer roof.

Property SizeContact for details
Days on Market845

Property Features for 1112 Market Street

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Business Included Yes
Multifamily Units 2

Building Details

Year Built 1915
Listing Agency: Century 21 Circle
Listed By: Elissa Jarke · License #475201316
Source: Crexi
Added: May 16, 2024 Changed: Aug 8 Last Checked: Jul 24 at 6:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Circle

Investment Insights

Based on property information with market context.

This 2-flat duplex offers two separate living units with a 3-bedroom unit on the first floor and a 2-bedroom unit on the second floor. The first-floor unit has interior access to half of the basement, while the second-floor unit accesses its half from the outside. The property is described as having a newer roof, approximately 6 years old.

The tenants are long-term, with 10 and 15 years of residency noted in the listing. The tenants are responsible for their own electric bills.

The property is positioned as a residential income opportunity with a straightforward two-unit layout and clear separation of basement access between the units.

Key Highlights

  • 2‑unit duplex built in 1915 with 3 bedrooms on the first floor and 2 bedrooms on the second floor
  • Tenants have long‑term occupancy, with leases in place for 10 and 15 years
  • Each unit has its own electric bills responsibilities

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Garden Center Locksmith Catering Service Home Appliance Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

518
Businesses Nearby

Demographics for 60115, IL

42,103
Population
18,175
Households
2.3
Avg Household Size
29
Median Age
36%
College-Educated
90%
High-School Grad
81.0 sq mi
ZIP Area
520
Density / Sq Mi
$46,808
Median Household Income
$22,838
Median Earnings
$1,018
Median Rent
$205,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit duplex with 3 bedrooms downstairs and 2 bedrooms upstairs, each with separate access areas and newer roof.
Where is this duplex located?
The property is located at 1112 Market Street Dekalb, IL.
What are key features of this property?
This property features: 2‑unit duplex built in 1915 with 3 bedrooms on the first floor and 2 bedrooms on the second floor; Tenants have long‑term occupancy, with leases in place for 10 and 15 years; Each unit has its own electric bills responsibilities
(815) 756-1691 Call to check price and availability
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