Dekalb, IL Multifamily Properties for Sale

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19 properties

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Updated: Jul 28

21-Unit Apartment Building

534 College Ave, Dekalb, IL 60115

$683,575

5,928 sqft 0.40 AC lot

21‑unit apartment property with 5,928 square feet of building area
Fully leased multifamily asset
Located one block from Northern Illinois University
Situated on a 0.4‑acre parcel at 534 College Ave, DeKalb, IL 60115
Built in 1900 with vinyl siding and asphalt roofing

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Updated: Jul 28

7-Unit Student Housing Property

226 W Locust St, Dekalb, IL 60115

$217,499

2,198 sqft 0.22 AC lot

7‑unit student housing property near Northern Illinois University
2,198 square feet on a 0.22‑acre parcel
Built in 1950
Natural‑gas forced‑air heating
Vinyl siding with an asphalt roof

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16-Bedroom Apartment Building

829 Greenbrier Road, Dekalb, IL 60115

$549,000

0.25 AC lot

Fully rented multifamily property near NIU campus with shared kitchen, common area, and shower-equipped bathrooms.

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Greek Row Apartment Building

928 West Hillcrest Drive, Dekalb, IL 60115

$950,000

15,000 sqft

Purpose-built communal layout with chapter, study, dining, kitchen, and recreation areas.

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Two-Unit Duplex with Separate Entrances

832 N 11th Street, Dekalb, IL 60115

$187,000

0.16 AC lot

Each residence includes its own basement, laundry, electric meter, and entrance.

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Mixed-Use Building with Storefront

157 E Lincoln Highway, Dekalb, IL 60115

$218,000

0.06 AC lot

Ground-floor commercial space is available for immediate occupancy, with two upstairs apartments requiring renovation.

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Fraternity Apartment Building

910 West Hillcrest Drive, Dekalb, IL 60115

$850,000

13,170 sqft

Configured for fraternity operations with communal areas, study rooms, chapter space, and a commercial kitchen.

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Seven-Unit Student Housing Building

226 West Locust Street, Dekalb, IL 60115

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2,198 sqft

Seven-unit student housing building near Northern Illinois University, offering a straightforward residential income configuration for investors.

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Brick Multifamily Investment Property

901, 915 & 927 W. Hillcrest Dr., Dekalb, IL 60115

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14,840 sqft

Fourteen thousand buildings? No—22-unit multifamily across three brick buildings with separate electric and gas metering.

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25-Unit Townhome Apartment Portfolio

808 West Hillcrest Drive, Dekalb, IL 60115

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27,075 sqft

Five townhouse-style buildings offer individually metered units with in-home laundry and multiple parking spaces per residence.

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21-Unit Brick Apartment Property

819, 831 & 837 Hillcrest Dr., Dekalb, IL 60115

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1,470 sqft

Three well-maintained brick buildings offer spacious units with in-unit laundry and separately metered electric and gas service.

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Apartment Portfolio with Townhouse Units

1121 W. Hillcrest Drive, Dekalb, IL 60115

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25,917 sqft

Two DeKalb properties combine townhouse units with student- and sorority-oriented housing formats.

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Multifamily Portfolio with Townhomes

1115 Annie Glidden Rd, Dekalb, IL 60115

$3,375,000

Two DeKalb assets are offered together, including 10 townhouse units and student-oriented housing.

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Two-Unit Duplex with Open Porch

804 N 4th Street, Dekalb, IL 60115

$173,000

Well-maintained income property with refinished hardwood floors, shared laundry, and flexible parking options.

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Two-Unit Property with Detached Garage

424 S 7th St, Dekalb, IL 60115

$160,000

Upper and lower residences include a shared backyard patio and oversized detached garage.

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85-Unit Garden-Style Apartment Property

802 Kimberly Drive, Dekalb, IL 60115

$6,300,000

Three brick residential buildings offer varied floor plans near Northern Illinois University and local employment centers.

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13-Unit Apartment Building

906 KIMBERLY DR, Dekalb, IL 60115

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Brick multifamily property with in-unit laundry, separately metered electricity, and individual heating and cooling systems.

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Apartment Building Near NIU

345 Augusta Avenue, Dekalb, IL 60115

$240,000

Licensed rooming house with updated interior finishes, parking, and proximity to Northern Illinois University.

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Duplex Income Property

1112 Market Street, Dekalb, IL 60115

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Two-unit duplex with 3 bedrooms downstairs and 2 bedrooms upstairs, each with separate access areas and newer roof.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Dekalb, IL, we suggest to view alternatives - similar 1 Off-Market properties to explore as potential leads.

Off-Market Properties in Dekalb, IL

Consider similar Off-Market properties in Dekalb, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

Northwest side, Dekalb, IL

Estimated value:

$4,850,000

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Dekalb, IL Multifamily Properties Market Trends and Statistics

Explore 20 multifamily properties for sale in Dekalb, IL, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 107,796 square feet of properties for sale, with an estimated market value of $13,903,074.

Sale prices for multifamily properties in Dekalb, IL start at $160,000, averaging $1,158,589, and reaching up to $6,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 42K

Population Growth (5Y) -6.3%

Median Household Income $46,808

College Educated 50.0%

High-Yield Neighborhoods for Investment

Identify Dekalb submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60115	$1M

Taxes & Financing

Tax Rate (average for all types) 7.93%

Property Tax per SF $92.14 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in DeKalb County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Dekalb fall within the 50,000 to 100,000 square foot range.

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