Seven-Unit Student Housing
226 West Locust Street Dekalb, IL 60115
For Sale
Contact for pricing
Seven-unit student housing building near Northern Illinois University, offering a straightforward residential income configuration for investors.
Property Size2,198 SF
Price / SF$98.49
Days on Market65
Property Features for 226 West Locust Street
General Information
Standard status
Active
Size
2,198 SF
Property subtype
Multifamily
Building Details
Year Built
1950
Listing Agency:
Cove Realty
(847) 436-3551
Listed By:
Mitchell Cohen · License #IL 471022000
Source:
Crexi
Added: May 27
Changed: Jul 10
Last Checked: Jul 30 at 3:50AM
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 Cove Realty
Investment Insights
Based on property information with market context.
This is a for-sale seven-unit student housing apartment building positioned for residential income use. The offering is presented as an investor opportunity and is described as being located just steps from Northern Illinois University. The property size is listed as 2,198 square feet, with the unit count providing the primary operational framework for the building.
The address is 226 West Locust Street in DeKalb, Illinois, and the public remarks emphasize proximity to Northern Illinois University. That location context is the central practical attribute highlighted for tenant demand tied to student housing needs.
For buyers, this configuration can suit investors seeking a compact multifamily asset centered on student renters. For tenant-oriented operators, the building’s student housing designation supports leasing to a consistent resident profile tied to the nearby campus. Prospective buyers and brokers may find it useful to review current and historical rent roll details and unit-by-unit layouts during diligence, given the property is primarily described by unit count and campus adjacency.
The address is 226 West Locust Street in DeKalb, Illinois, and the public remarks emphasize proximity to Northern Illinois University. That location context is the central practical attribute highlighted for tenant demand tied to student housing needs.
For buyers, this configuration can suit investors seeking a compact multifamily asset centered on student renters. For tenant-oriented operators, the building’s student housing designation supports leasing to a consistent resident profile tied to the nearby campus. Prospective buyers and brokers may find it useful to review current and historical rent roll details and unit-by-unit layouts during diligence, given the property is primarily described by unit count and campus adjacency.
Key Highlights
- 7‑unit student housing building near Northern Illinois University
- Year built: 1950
- Residential income configuration designed for student rental demand
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Seven-unit student housing building near Northern Illinois University, offering a straightforward residential income configuration for investors.
Where is this apartment building located?
The property is located at 226 West Locust Street Dekalb, IL.
What is the asking price?
The asking price for this property is $216,492.
What are key features of this property?
This property features: 7‑unit student housing building near Northern Illinois University; Year built: 1950; Residential income configuration designed for student rental demand
