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    OFF-MARKET
    Churches & religious facilities

    1200 Malta Rd, DeKalb, IL 60115

    5,500 SF 2 ac lot Built 1972
    Property ID
    US28-5095854
    Property summary
    AI-generated overview

    Exceptional opportunity to acquire a well-maintained, 5,500 square foot church building situated on a 2-acre lot in DeKalb, Illinois. This single-story, 1972-built property features a sanctuary with seating for approximately 250, a spacious fellowship hall, seven classrooms/offices, a crying room, a full kitchen, and ADA-compliant restrooms with showers. High-quality finishes include magnificent beamed and wood-paneled ceilings in the sanctuary and fellowship hall. Recent upgrades include a new flat roof (Fall 2023), a shingled roof replacement within the last 10 years, and updated furnace and A/C units within the last 5 years. The sale may include the sound system, speakers, two pianos, and an organ. The property is zoned A1 and offers ample room for future expansion. Its versatile design makes it suitable for various uses, including schools, daycares, lodges, meeting halls, or potential redevelopment. The asking price is $400,000, representing a price per square foot of $72.73 and a price per unit of $400,000. The property's address is 1200 S Malta Rd, DeKalb, IL 60115. The APN is 0828200003.

    Property profile
    Verified
    Property type Churches & religious facilities
    Year built 1972
    Total area 5,500 SF
    Lot 2 ac (87,120 SF)
    APN 0828200003
    UPID US28-5095854
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Community of Christ Church
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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