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305 College Avenue, DeKalb, IL 60115

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For Sale

$349,000

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family Home
    Property type

Explore this Property

Welcome to a prime investment opportunity that offers both stability and comfort. This spacious rooming house boasts 11 units, each meticulously maintained and thoughtfully updated, making it an ideal addition to your investment portfolio. With 2 brand new furnaces (2023) ensuring efficient heating, fresh paint giving the property a rejuvenated look, and a new deck for added outdoor enjoyment, this rooming house is move-in ready for both you and your tenants. Each unit is well-appointed, providing tenants with comfortable living spaces that are highly attractive to renters. Historically, the property has experienced low vacancy rates, a testament to its appeal in the market. Rooming houses remain a sought-after housing option, and this property's updates ensure it meets the demands of modern renters. Seize the opportunity to add this turnkey rooming house to your investment portfolio. Schedule a viewing and discover the potential of this updated and income-generating property. Additional properties in MLS for consideration of package sale.
MLS# 11901218

Courtesy Of Coldwell Banker Real Estate Group

(815) 756-2557

Property Features

  • Cooling
    Central A/C
  • Style
    Other Style

Map and Directions

Directions to 305 College Avenue, DeKalb, IL 60115

Home seller CENTURY 21 Circle

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Circle

(815) 756-1691
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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