Student Housing Apartment
For Sale
Contact for pricing
511 Normal Rd, Dekalb, IL 60115
Portfolio offering a total of 52 apartments with on-site parking and laundry across two DeKalb properties near Northern Illinois University.
Property SizeContact for details
Days on Market123
Property Features for 511 Normal Rd
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Marcus & Millichap - Chicago Downtown
(312) 636-6383
Listed By:
Thomas Heitzman · License #IL 475173512
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 11:59AM
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 Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
Marcus & Millichap presents the Campus Suites Portfolio, a student housing investment offering near the campus of Northern Illinois University in DeKalb, Illinois. The portfolio includes 314 Linden Place and 511 Normal Road, totaling 52 apartments. Units consist of (46) two-bedroom, one-bath apartments and (6) one-bedroom, one-bath apartments.
At 314 Linden, there are (16) two-bedroom, one-bath apartments in two buildings. Apartment features include hardwood floors, carpeted bedrooms, well maintained kitchens and baths, central air, and radiant heat, along with on-site parking. At 511 Normal, the property includes (6) one-bedroom, one-bath apartments and (30) two-bedroom, one-bath apartments, with features such as updated kitchens, new wood flooring, carpeted bedrooms, and updated bathrooms. The property is boiler heated with sleeve A/C, and offers on-site laundry and parking.
Overall, the portfolio is configured as apartment buildings with a mix of one- and two-bedroom unit types, supported by on-site parking and laundry amenities.
At 314 Linden, there are (16) two-bedroom, one-bath apartments in two buildings. Apartment features include hardwood floors, carpeted bedrooms, well maintained kitchens and baths, central air, and radiant heat, along with on-site parking. At 511 Normal, the property includes (6) one-bedroom, one-bath apartments and (30) two-bedroom, one-bath apartments, with features such as updated kitchens, new wood flooring, carpeted bedrooms, and updated bathrooms. The property is boiler heated with sleeve A/C, and offers on-site laundry and parking.
Overall, the portfolio is configured as apartment buildings with a mix of one- and two-bedroom unit types, supported by on-site parking and laundry amenities.
Key Highlights
- Student housing portfolio in DeKalb, IL near Northern Illinois University: 314 Linden Place and 511 Normal Road
- Total of 52 apartments: (46) 2 bed/1 bath and (6) 1 bed/1 bath
- 314 Linden Place: (16) 2 bed/1 bath units in two buildings with central air and radiant heat
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
361
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Portfolio offering a total of 52 apartments with on-site parking and laundry across two DeKalb properties near Northern Illinois University.
Where is this apartment building located?
The property is located at 511 Normal Rd Dekalb, IL.
What are key features of this property?
This property features: Student housing portfolio in DeKalb, IL near Northern Illinois University: 314 Linden Place and 511 Normal Road; Total of 52 apartments: (46) 2 bed/1 bath and (6) 1 bed/1 bath; 314 Linden Place: (16) 2 bed/1 bath units in two buildings with central air and radiant heat
