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Five-Story Office Building with Basement
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155 N 3rd Street, Dekalb, IL 60115

Five-story office building with basement, drive-through, on-site parking, and fiber installed.

Property Size35,000 SF
Price / SF$5.70
Days on Market125

Property Features for 155 N 3rd Street

General Information

Standard status Active
Size 35,000 SF
Total Parking Spaces 22
Property subtype Office
Zoning OFFIC

Building Details

Year Built 1956
Stories 5
Units 5
Listing Agency: Hometown Realty Group
Listed By: Melissa Mobile · License #IL 471019198
Source: Crexi
Added: May 4 Changed: Aug 25 Last Checked: Sep 4 at 12:32PM

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 Hometown Realty Group

Investment Insights

Based on property information with market context.

This five-story office building includes office space on floors 2 through 5 and a basement with additional space plus a drive-through. The first floor was formerly a bank, and the basement features a fully functional walk-in safe. The property also notes flexible floorplans and fiber installed.

The building is positioned in the heart of downtown DeKalb, adjacent to the DeKalb Theater and steps from downtown amenities. It includes on-site parking for around 22 vehicles and is located within a downtown TIF/Redevelopment District.

With a mix of above-grade offices and basement improvements, the asset is presented as adaptable for a range of uses consistent with the existing layout.

Key Highlights

  • Approx. 30,000 sq. ft. five‑story office building plus an additional 5,000 sq. ft. basement
  • Includes a drive‑through and on‑site parking for around 22 vehicles
  • First floor formerly a bank; office spaces on floors 2 through 5

Property Analytics

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

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
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Frequently Asked Questions

What type of property is this?
Office building - Five-story office building with basement, drive-through, on-site parking, and fiber installed.
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: Approx. 30,000 sq. ft. five‑story office building plus an additional 5,000 sq. ft. basement; Includes a drive‑through and on‑site parking for around 22 vehicles; First floor formerly a bank; office spaces on floors 2 through 5
(815) 501-4011 Call to check price and availability
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