900 Greenbrier Rd, Dekalb, IL 60115-1619

This exceptional 9,600 square foot commercial property, located at 900 Greenbrier Road in DeKalb, Illinois, presents a unique investment opportunity. Currently vacant, this three-story building previously served as a fraternity house on the Northern Illinois University campus. The property boasts 28 bedrooms, offering significant potential for various uses. Shared bathroom and shower facilities are conveniently located on each floor. A full, finished basement includes a functional kitchen, adding further versatility. The property's proximity to Northern Illinois University makes it ideally suited for student housing, a use it previously enjoyed. However, its size and layout also lend themselves to conversion into apartments, offering a strong potential for rental income. This receivership sale presents a chance to acquire a substantial property at an attractive price. The building is being sold as-is, and the sale is contingent upon court approval. Serious inquiries are encouraged to explore the possibilities this property offers. The property sits on a lot with no acreage listed. The asking price is $510,000. All interested parties should be prepared to navigate the legal processes associated with a receivership sale. This is a rare opportunity to acquire a large, well-located building with significant redevelopment potential in a vibrant college town.