829 Greenbrier RdDeKalb, IL 60115

Property Details for 829 Greenbrier Rd

Lot size

0.26 AC

Property type

Commercial real estate

APN

08-15-178-021

APU

815178021

Description

This exceptional multi-family investment property, located at 829 Greenbrier Road in DeKalb, Illinois, presents a compelling opportunity for savvy investors. Boasting a substantial 13%+ cap rate, this property offers significant income potential. The building comprises 16 bedrooms, including 15 single occupancy rooms and a spacious one-bedroom manager's apartment. The manager's apartment features a private bathroom, kitchen, and living room, providing comfortable on-site management. Rental rooms share a common area, kitchen, and a multi-stall bathroom with showers. The property underwent significant updates in 2013, ensuring its continued appeal and functionality. Convenient off-street parking is available with 10 spaces, supplemented by adjacent street parking. The sturdy brick exterior adds to the property's durability and curb appeal. Situated on a 0.25-acre lot, this property is ideally located near the Northern Illinois University campus, guaranteeing a consistent stream of potential tenants. This property is also available as part of a larger package deal that includes 824 Greenbrier Road and 835 Greenbrier Road (lot). The asking price for this lucrative investment is $419,900. This is a rare opportunity to acquire a high-yielding, well-maintained multi-family property in a prime location. Don't miss out on this chance to add a strong performer to your investment portfolio.

• Alternative Use

  Use

  Valuation

  Residential

  $2,314,748

  Hospitality

  $2,120,296

  Educational

  $1,764,062

  Medical

  $1,824,730

  Retail

  $2,744,096

Location Insight

City

Dekalb

County

Dekalb

State

Illinois

Latitude

41.9444

Longitude

-88.7676

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].