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Downtown Industrial Flex Building

207 North 6th Street Dekalb, IL 60115

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Industrial building features three OH doors, 1,000 SF office, 16' ceilings, and outside parking and storage.

Type:Industrial
Property size:
8,000 SF
Price / SF:
$68/SF
Added:
Jul 9, 2026
Days on Market:
4
Last Refresh:
Jul 11 at 2:20 am

Property Features for 207 North 6th Street

General Information

Standard status
Active
Size
8,000 SF
Property subtype
Industrial

Building Details

Year Built
1897

Listing office RVG Commercial Real Estate

Listing date Jul 9, 2026

Source Crexi

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 RVG Commercial Real Estate


Investment Insights

Based on property information with market context.

This 8,000-square-foot industrial flex building includes shop space with clear span trusses and 16' ceiling height. The building is equipped with three overhead doors: two doors measuring 12x14 and one measuring 12x12. Electrical service is provided via 400 amp, 3-phase power.

An attached 1,000-square-foot office area includes two washrooms. Additional features include shop additions and exterior parking and storage for vehicles and materials.

With multiple overhead access points, clear span shop configuration, and dedicated office space, the property is well suited for operations needing both warehouse and office use within a downtown DeKalb setting.

Key Highlights

  • 8,000 SF industrial building built in 1897 in downtown DeKalb
  • Features 3 overhead (OH) doors: 2 (12x14) and 1 (12x12)
  • 400 amp 3P electrical service

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $51.8k $6.48
− Vacancy −$2.6k −$0.33
EGI $49.2k $6.15
− OpEx −$7.4k −$0.92
NOI $41.8k $5.23
8,000 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 15.00%

Alternative Uses

Best Use
Office B
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,307 @ 7.0% cap · market cap 20.06%
Second Best
Flex RnD
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $84,240 @ 7.0% cap · market cap 15.32%
Theoretical Best
Office A
$2.76M
$2.42M – $3.22M (±1% cap)
NOI $193,342 @ 7.0% cap · market cap 35.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

De Kalb Contract ... Hardware & Home Improvement

Suggested Use

Dental Office Restaurant Big Box & Wholesale Store Real Estate Agency Building Supply Auto Parts Store Pharmacy Law Firm Storage Facility Gym & Fitness Center

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

FAQs

What type of property is this?
Flex space - Industrial building features three OH doors, 1,000 SF office, 16' ceilings, and outside parking and storage.
Where is this flex space located?
The property is located at 207 North 6th Street Dekalb, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 8,000 SF industrial building built in 1897 in downtown DeKalb; Features 3 overhead (OH) doors: 2 (12x14) and 1 (12x12); 400 amp 3P electrical service
Contact an agent
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