For Sale
$299,000

345 Augusta Ave DeKalb, IL 60115

Nine-Bedroom Rooming House Near NIU

Overview

Added:
Feb 3
Days on market:
77
This exceptional investment opportunity presents a nine-bedroom, three-bathroom rooming house ideally situated just blocks from Northern Illinois University's campus in DeKalb, Illinois. Its prime location offers immediate appeal to students, ensuring high occupancy rates. The property has recently undergone significant improvements, including a brand-new kitchen fully equipped with modern appliances and updated flooring throughout. A fresh coat of paint brightens the interior, and several replacement windows have been installed to enhance energy efficiency. The roof is approximately four years old, providing peace of mind for years to come. Ample parking is available, accommodating 13 to 18 vehicles. Currently licensed as a rooming house, this property is move-in ready and poised for immediate rental income. The property is located within a historic DeKalb district, adding to its unique charm and potential for appreciation. This is a turnkey investment, perfect for those seeking a strong return on investment in a high-demand student housing market. The owner has vacated the premises to facilitate the recent renovations, ensuring a smooth transition for the new owner. Don't miss this chance to acquire a well-maintained, high-yield property in a thriving college town. The asking price is $299,000.

Property Details for 345 Augusta Ave

Property type
Commercial real estate

Location Insight

City
DeKalb
County
DeKalb
State
Illinois
Latitude
41.93496
Longitude
-88.75847
345 Augusta Ave, DeKalb, Illinois

FAQs

What type of property is this?
Commercial real estate - Nine-Bedroom Rooming House Near NIU
Where is the commercial real estate located?
The property is located at 345 Augusta Ave DeKalb, IL.
What is the asking price?
The asking price for this property is $299,000.
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345 Augusta Ave
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