226 West Locust Street, Dekalb, IL 60115

Building Details

Year Built

1950

Listing agent Mitchell Cohen License #IL 471022000

Listing office Cove Realty

Listing date May 27, 2026

Source Crexi

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Overview

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.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

• Map
• Local Demand

City

Dekalb

County

DeKalb

State

Illinois

Longitude

-88.75579

Latitude

41.9321

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FAQs

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