906 Kimberly Dr DeKalb, IL 60115

This exceptional investment opportunity presents a well-maintained, 26-unit apartment building located at 906 Kimberly Dr., DeKalb, IL 60115. The property boasts 9,750 square feet across a two-story brick building, offering a compelling price per square foot of $132.31. The asking price for this multifamily property is $1,290,000. Each of the 26 units includes its own washer and dryer, and benefits from individual electric meters, promoting efficient utility management. Heating is provided by electric baseboard systems, supplemented by window air conditioning units. Parking is ample, with at least one space per unit. Recent improvements include window replacements within the last five years, and the roof is slated for replacement by 2024. The interior units are in excellent condition and ready for immediate rental. This property presents a strong potential for rental income growth. The owner also has additional buildings available for sale in the same area, offering the potential for a larger portfolio acquisition. This property is situated in DeKalb, Illinois, a community known for its strong connection to Northern Illinois University and its vibrant local amenities. This location offers a blend of small-town charm and convenient access to various services and recreational opportunities. The property's strong location and features make it an attractive investment for those seeking a stable and potentially high-return opportunity in the DeKalb, Illinois market.