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16-Bedroom Apartment Building
For Sale
$499,500

829 Greenbrier Road, Dekalb, IL 60115

A fully leased, multi-room property with shared kitchens and common areas serves the NIU campus area.

Property SizeContact for details
Days on Market63

Property Features for 829 Greenbrier Road

General Information

Standard status Active
Total Parking Spaces 10
Property subtype Commercial
Zoning MULTI
Occupancy 100%

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $9,171

Building Details

Year Built 1963
Stories 2
Units 16
Construction brick
Listing Agency: Legacy Properties
Listed By: Tracy Behrens · License #475142726
Source: Fishmangroup
Added: Aug 28 Changed: Oct 26 Last Checked: Oct 26 at 3:53AM

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 Legacy Properties

Rey
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Investment Insights

Based on property information with market context.

This 16-bedroom apartment building contains 15 single rooms and a one-bedroom manager’s apartment with a private bathroom, kitchen, and living room. Rental rooms share a common area, kitchen, and multi-stall bathroom with showers. The building has a brick exterior and MULTI zoning.

Located near the NIU campus, the property offers 10 off-street parking spaces, with additional street parking adjacent to the site. The building dates to 1963 and was updated in 2013; the roof and parking lot are new.

Key Highlights

  • 16 bedrooms: 15 single rooms and a one‑bedroom manager’s apartment
  • Manager’s apartment includes a private bathroom, kitchen, and living room
  • Shared tenant facilities include a common area, kitchen, and multi‑stall bathroom with showers

Property Analytics

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Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

476
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
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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 - A fully leased, multi-room property with shared kitchens and common areas serves the NIU campus area.
Where is this apartment building located?
The property is located at 829 Greenbrier Road Dekalb, IL.
What is the asking price?
The asking price for this property is $499,500.
What are key features of this property?
This property features: 16 bedrooms: 15 single rooms and a one‑bedroom manager’s apartment; Manager’s apartment includes a private bathroom, kitchen, and living room; Shared tenant facilities include a common area, kitchen, and multi‑stall bathroom with showers
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