919 Greenbrier RdDeKalb, IL 60115

This 7,000-square-foot, two-story building with a basement is situated on Greenbrier Road in DeKalb, Illinois, 60115, a prime location near Northern Illinois University (NIU). Currently vacant, this Class C multifamily property, formerly a fraternity house, offers 24 units with a potential capacity for 48 beds. The property features on-site parking and is conveniently located near abundant shopping and dining options. Zoned PD-R, this property presents a unique opportunity for continued use as student housing or conversion into a single-room occupancy building. Its proximity to the proposed NIU Greek Life Center makes it an attractive investment for those seeking to capitalize on the revitalization of the university's Greek life. The asking price is $495,000, translating to $70.71 per square foot and $20,625 per unit. This presents a compelling investment opportunity in a high-demand area. The building's size and layout offer flexibility for various uses, making it an ideal choice for investors seeking a strong return on investment in a thriving college town.