226 West Locust Street Dekalb, IL 60115

Building Details

Year Built

1950

Listing office Cove Realty

Listing date May 27, 2026

Source Crexi

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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.

Key Highlights

• 7‑unit student housing building near Northern Illinois University
• Year built: 1950
• Residential income configuration designed for student rental demand

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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