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    Dekalb, IL Multifamily Properties for Sale

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    Found 19 multifamily property listings for sale in Dekalb, IL, averaging $96/sq ft. Use valuation data to compare deals faster.
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    21-Unit Apartment Building
    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
    View details
    7-Unit Student Housing Property
    Updated: Jul 28
    7-Unit Student Housing Property

    226 W Locust St, Dekalb, IL 60115

    $199,500
    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
    View details
    16-Bedroom Apartment Building
    16-Bedroom Apartment Building

    829 Greenbrier Road, Dekalb, IL 60115

    $499,500
    Built 1963  brick  0.25 acres
    100% occupied

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

    10 spaces  15 x single room  1 x 1BR apartment
    View details
    See hot listings in Dekalb

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    21-Unit Apartment Building
    21-Unit Apartment Building

    534 College Ave, Dekalb, IL 60115

    $683,575
    21 units  5,928 sqft  Built 1900
    100% occupied

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

    View details
    Mixed-Use Building with Storefront
    Mixed-Use Building with Storefront

    157 E Lincoln Highway, Dekalb, IL 60115

    $218,000
    0.06 acres  1 building  Built 1890  Multi-tenant

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

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    Fraternity Apartment Building
    Fraternity Apartment Building

    910 West Hillcrest Drive, Dekalb, IL 60115

    $850,000
    13,170 sqft  1 building  2-story  Built 1969  masonry  Single tenant

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

    Sprinklered  32 spaces  Chapter rooms  Meeting rooms  Study spaces  Commercial kitchen  Security cameras
    View details
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    Apartment Portfolio with Townhouse Units
    Apartment Portfolio with Townhouse Units

    1121 W. Hillcrest Drive, Dekalb, IL 60115

    Contact for pricing
    25,917 sqft

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

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    Seven-Unit Student Housing Building
    Seven-Unit Student Housing Building

    226 West Locust Street, Dekalb, IL 60115

    Contact for pricing
    Business included  7 units  2,198 sqft  Built 1950

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

    View details
    Brick Multifamily Investment Property
    Brick Multifamily Investment Property

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

    Contact for pricing
    22 units  14,840 sqft  Brick

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

    Washer/dryer in unit  Common laundry
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    Multifamily Portfolio with Townhomes
    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.

    View details
    25-Unit Townhome Apartment Portfolio
    25-Unit Townhome Apartment Portfolio

    808 West Hillcrest Drive, Dekalb, IL 60115

    Contact for pricing
    25 units  27,075 sqft  5 buildings  townhouse style

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

    In-unit washer/dryer
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    21-Unit Brick Apartment Property
    21-Unit Brick Apartment Property

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

    Contact for pricing
    21 units  1,470 sqft  3 buildings  brick

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

    Individual washer/dryer
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    Two-Unit Duplex with Decks
    Two-Unit Duplex with Decks

    412 Prospect Street, Dekalb, IL 60115

    $229,900
    2 units  Built 1910

    Both residences have private decks, and the electrical system was recently updated.

    Decks
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    Two-Unit Duplex with Open Porch
    Two-Unit Duplex with Open Porch

    804 N 4th Street, Dekalb, IL 60115

    $173,000
    2 units  Built 1903

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

    2 x 2BR/1BA  Open front porch  Basement washer/dryer  Driveway  Street parking
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    16-Bedroom Apartment Building
    16-Bedroom Apartment Building

    829 Greenbrier Road, Dekalb, IL 60115

    $499,500
    Built 1963  brick
    100% occupied

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

    10 spaces
    View details
    85-Unit Garden-Style Apartment Property
    85-Unit Garden-Style Apartment Property

    802 Kimberly Drive, Dekalb, IL 60115

    $6,300,000
    85 units  3 buildings  Built 1962  garden-style

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

    2 x Studio  17 x 1BR  52 x 2BR  14 x 3BR
    View details
    100-Unit Apartment Portfolio
    100-Unit Apartment Portfolio

    830 EDGEBROOK DR, Dekalb, IL 60115

    Contact for pricing
    100 units  7 buildings

    Individual HVAC systems and gas meters serve each unit, with tenants responsible for gas used for heat and cooking.

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    13-Unit Apartment Building
    13-Unit Apartment Building

    906 KIMBERLY DR, Dekalb, IL 60115

    Contact for pricing

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

    View details
    Duplex Income Property
    Duplex Income Property

    1112 Market Street, Dekalb, IL 60115

    Contact for pricing
    Business included  2 units  Built 1915

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

    View details
    19 active listings match your search: Multifamily for sale in Dekalb, IL. Based on your search, we've also compiled 1 Potential Opportunity for your consideration: 1 off-market property 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.

    Northwest side
    Multifamily properties

    Northwest side, Dekalb, IL

    Estimated value:
    $4,850,000
    View details

    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 98,724 square feet of properties for sale, with an estimated market value of $13,711,550.

    Sale prices for multifamily properties in Dekalb, IL start at $173,000, averaging $1,246,504, 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

    Apartment buildings 16
    Duplexes 3

    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 $1.2M

    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.

    How Realmo verifies these figures

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    • 60115

    Featured Dekalb Real Estate Agencies

    Realmo connects you with licensed Dekalb CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Spirit Realty DBA Signature Real Estate Professionals
    820 S 4th St Dekalb, IL 60115
    Phone: (815) 739-1275
    www.signaturerealestatepro.com
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