7-Unit Student Housing
For Sale
$199,500
226 W Locust St, Dekalb, IL 60115
Residential Income, Dekalb, IL
Property Size2,198 SF
Lot Size0.22 Acres
Price / SF$90.76
Days on Market94
Property Features for 226 W Locust St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 6, Bedroom 7, Bedroom 5, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 8, Bedroom 2, Bedroom 3
Patio and Porch features
Patio, Deck
Directions
Proceed west on Locust Ave, directly east of NIU, until you hit the Subject Property.
Standard status
Active
APN
0822278005
Size
2,198 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
6203
Utilities
Heating system
Natural Gas, Forced Air
Building Details
Year built
1950
Flooring type
Vinyl, Carpet
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
Cove Realty Inc.
Listed By:
Mitchell Cohen
(847) 436-3551
Added: Jul 28
Changed: Oct 23
Last Checked: Oct 29 at 3:06AM
MLS# 11906221
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 7-unit student housing property at 226 W Locust St in DeKalb, Illinois, contains 2,198 square feet on a 0.22-acre parcel. Built in 1950, the building has vinyl siding, an asphalt roof, vinyl and carpet flooring, and natural-gas forced-air heating. The property also includes a patio and deck, adding outdoor amenity space to the residential configuration.
The location is near Northern Illinois University, placing the asset within the university-oriented rental market identified for the property. Its established construction, residential finishes, and existing outdoor features provide a defined physical profile for multifamily ownership.
The location is near Northern Illinois University, placing the asset within the university-oriented rental market identified for the property. Its established construction, residential finishes, and existing outdoor features provide a defined physical profile for multifamily ownership.
Key Highlights
- 7‑unit student housing property near Northern Illinois University
- 2,198 square feet on a 0.22‑acre parcel
- Built in 1950
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
1,008
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily asset near Northern Illinois University with vinyl siding, multiple outdoor spaces, and a residential layout.
Where is this apartment building located?
The property is located at 226 W Locust St 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: 7‑unit student housing property near Northern Illinois University; 2,198 square feet on a 0.22‑acre parcel; Built in 1950
