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21-Unit Apartment Building

534 College Ave, Dekalb, IL 60115

For Sale
$683,575

The property is fully leased and sits one block from Northern Illinois University.

Property Size5,928 SF
Price / SF$115.31
Days on Market105

Property Features for 534 College Ave

General Information

Standard status Active
Size 5,928 SF
Property subtype Multi-Unit
Occupancy 100%

Additional Details

Multifamily Units 21
Tenant in Place Yes

Building Details

Year Built 1900
Listing Agency: Cove Realty Inc.
Listed By: Mitchell Cohen · License IL #471022000
Source: Davisrealtyandauction
Added: Jul 28 Changed: Nov 8 Last Checked: Nov 9 at 7:23AM

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 Inc.

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Investment Insights

Based on property information with market context.

This 21-unit apartment building contains 5,928 square feet and was built in 1900. The property is fully leased.

Located one block from Northern Illinois University, the building is at 534 College Ave in DeKalb, Illinois.

Key Highlights

  • 21 apartment units
  • 5,928 square feet
  • Built in 1900

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

21
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

996
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The property is fully leased and sits one block from Northern Illinois University.
Where is this apartment building located?
The property is located at 534 College Ave Dekalb, IL.
What is the asking price?
The asking price for this property is $683,575.
What are key features of this property?
This property features: 21 apartment units; 5,928 square feet; Built in 1900
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