52-Unit Student Housing
For Sale
Contact for pricing
Pending
314 Linden Pl, Dekalb, IL 60115
Two-property apartment portfolio with updated interiors, on-site laundry, parking, and walkable access to Northern Illinois University.
Property SizeContact for details
Days on Market147
Property Features for 314 Linden Pl
General Information
Standard status
Pending
Property subtype
Multifamily
Units
Unit Mix
46 x 2BR/1BA, 6 x 1BR/1BA
Multifamily Units
52
Additional Details
Highway Access
Yes
Amenities
on-site laundry
Listing Agency:
Marcus & Millichap - Chicago Downtown
Listed By:
Kyle Stengle · License #IL 475.138461
(312) 636-6383
Source:
Crexi
Added: Apr 12
Changed: Sep 5
Last Checked: Sep 4 at 3:44AM
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 Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
The portfolio comprises 52 apartments across 314 Linden Place and 511 Normal Road, including 46 two-bedroom, one-bath residences and 6 one-bedroom, one-bath residences. Unit interiors feature a mix of hardwood or new wood flooring, carpeted bedrooms, updated kitchens and bathrooms, central air, radiant heat, boiler heat, and sleeve A/C. On-site parking serves both properties, while 511 Normal also provides laundry facilities.
The properties are positioned near Northern Illinois University in DeKalb, Illinois, with campus accessible on foot. DeKalb is located 65 miles northwest of downtown Chicago and has direct proximity to I-88. Northern Illinois University has 16,769 students, providing a defined university setting for the apartment portfolio.
The properties are positioned near Northern Illinois University in DeKalb, Illinois, with campus accessible on foot. DeKalb is located 65 miles northwest of downtown Chicago and has direct proximity to I-88. Northern Illinois University has 16,769 students, providing a defined university setting for the apartment portfolio.
Key Highlights
- 52 apartments across 314 Linden Place and 511 Normal Road
- Unit mix includes 46 two‑bedroom/one‑bath and 6 one‑bedroom/one‑bath apartments
- 314 Linden Place includes 16 two‑bedroom/one‑bath apartments in two buildings
Property Analytics
Property Profile
Current Use
Lease Details
52
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,057
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-property apartment portfolio with updated interiors, on-site laundry, parking, and walkable access to Northern Illinois University.
Where is this apartment building located?
The property is located at 314 Linden Pl Dekalb, IL.
What are key features of this property?
This property features: 52 apartments across 314 Linden Place and 511 Normal Road; Unit mix includes 46 two‑bedroom/one‑bath and 6 one‑bedroom/one‑bath apartments; 314 Linden Place includes 16 two‑bedroom/one‑bath apartments in two buildings
