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    Property profile & analytics

    711 1St St DeKalb, IL 60115

    • Commercial real estate
    For Sale
    View listing
    $299,900
    Value Estimation
    Last Sale
    Nov 28, 2023
    $130,000
    Location Intelligence
    Property ID
    US28-5877351
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • National English Honor Society (NEHS) / Association Or Organization

    Property Details for 711 1St St

    Property type
    Commercial real estate
    APN
    08-14-352-010
    APU
    814352010

    Description

    This exceptional 3,644 square foot office building at 711 N 1st Street, DeKalb, IL presents a fantastic investment opportunity. Situated on a 1.2-acre lot, the property boasts numerous recent upgrades, including brand new doors and windows, fresh flooring and paint throughout, and a completely renovated full bathroom. The roof is only a few years old, ensuring long-term cost savings. The interior layout is highly adaptable, easily configured for single or multi-tenant occupancy. Multiple entrances allow for convenient separation of spaces, while the existing design offers ample private offices, a functional kitchenette, and the benefit of three independently zoned furnaces for optimal climate control. Extensive parking is provided, accommodating up to 25 vehicles, with additional expansion potential at the rear of the property. This property offers significant flexibility and is ideally suited for a variety of businesses. Note that this property may be purchased in conjunction with adjacent properties at 717 N 1st Street (land) and 725 N 1st Street (office building with large parking lot), creating a substantial combined holding. The asking price for this exceptional DeKalb office building is $299,900.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $130,000

    • CAP approach

      CAP return
      Estimation
      6%
      $120,000
      6.5%
      $115,000
      7%
      $125,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $115,000
      Geo Method
      $105,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $130,000
      Retail
      $110,000
      Mixed-Use
      $105,000
      Hospitality
      $130,000
      Educational
      $110,000
      Residential Income
      $130,000
      Energy
      $125,000
      Income-Based Land
      $130,000
      Food Service
      $105,000

    Location Insight

    • Map
    • Local Demand
    City
    Dekalb
    County
    Dekalb
    State
    Illinois
    Longitude
    -88.7509
    Latitude
    41.9381
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,395
    $29,548
    $38,390
    $67,938
    -
    $88,644
    $115,170
    $203,814

    Comparable in this City

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      7.57 Acres

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      2060 Sycamore Rd, Dekalb, IL 60115-2043
      View Details

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    711 1St St
    DeKalb, IL 60115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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