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Five-Story Office Building
For Sale
Under Contract
$199,500

155 N 3rd Street, Dekalb, IL 60115

Commercial Sale, DeKalb, IL

Property Size35,000 SF
Lot Size0.48 Acres
Price / SF$5.70
Days on Market145

Property Features for 155 N 3rd Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning OFFIC
Directions Head West on 38, right on 3rd St
Subdivision De Kalb
Standard status Active Under Contract
APN 0823159052
Lot size 0.48 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11848

Utilities

Cooling system Central Air

Amenities

fiber
drive-through
walk-in safe

Building Details

Year built 1956
Floors in Building 5
Number of units 5
Listing Agency: Hometown Realty Group
Listed By: Melissa Mobile · License #471019198
Added: May 4 Changed: Sep 18 Last Checked: Sep 25 at 9:06AM
MLS# 12636910

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.

Investment Insights

Based on property information with market context.

This five-story office property includes office areas on floors 2 through 5, while the first floor retains its former bank configuration. The basement adds a drive-through and a functional walk-in safe. Central air is installed, and fiber service is in place. On-site parking accommodates around 22 vehicles.

The building sits in downtown DeKalb, adjacent to the DeKalb Theater and within the downtown TIF/Redevelopment District. The property occupies 0.4848 acres and was built in 1956. Zoning is designated OFFIC, supporting its office-oriented classification.

Key Highlights

  • Approximately 30,000 sq. ft. across five floors, plus a 5,000 sq. ft. basement
  • First floor configured for former bank use; office areas occupy floors 2 through 5
  • Basement includes a drive‑through and functional walk‑in safe

Property Analytics

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Current Use

Children's Home & Aid ... Social Service Agency IMEC Social Service Agency Community Coordinated Child Daycare Center JADE Hanna Surveyors Land Surveyor American Farmland Trust Charitable Organization

Suggested Use

Top Pick Dental Office Law Firm Electrical Service Big Box & Wholesale Store Real Estate Agency HVAC Service

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

Location Intelligence

Trade Area within ½ mile

994
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Downtown office property with a former bank floor, basement drive-through, on-site parking, and fiber installation.
Where is this office building located?
The property is located at 155 N 3rd Street Dekalb, IL.
What is the asking price?
The asking price for this property is $199,500.
What are key features of this property?
This property features: Approximately 30,000 sq. ft. across five floors, plus a 5,000 sq. ft. basement; First floor configured for former bank use; office areas occupy floors 2 through 5; Basement includes a drive‑through and functional walk‑in safe
More about this property
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