325 College Ave DeKalb, IL 60115
- Commercial real estate
- 4,300 SF
- 0.27 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 325 College Ave
- Year built
- 1900
- Lot size
- 0.27 lot acres
- Property size
- 4,300 SF
- Property type
- Commercial real estate
Description
This exceptional 4,300 square foot, two-story commercial property, situated on a 0.27-acre lot in DeKalb's Historic District, presents a unique investment opportunity. Currently operating as a licensed nine-bedroom rooming house, the property boasts charming original woodwork, two fireplaces, and a stunning open kitchen complete with a large island and multiple pantries. Three bathrooms cater to residents, while common areas are thoughtfully distributed across the basement, first, and second floors. A spacious family room features beautiful leaded glass windows, complementing the large dining and living rooms. Upstairs, a sun deck offers outdoor space. The basement includes laundry facilities for convenience. All rooms are described as large and sunny. A detached two-car brick garage provides ample parking. The building is well-maintained and enjoys a highly desirable location within walking distance of the Northern Illinois University campus, ensuring strong rental demand. This property offers significant potential for continued operation as a rooming house or for adaptive reuse given its size, location, and historical character. The asking price is $319,900.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- DeKalb
- County
- DeKalb
- State
- Illinois
- Longitude
- -88.75574
- Latitude
- 41.93367
