908 Greenbrier Road
Dekalb, IL, 60115 $ 750,000
Bedrooms4 Baths0.0 Sq 7,464 Monthly Estimate*
$ 4,492
for $750,000 with 4 bedrooms. This 7,464 square foot home was built in 1964 on a lot size of 0.66.
Welcome to this exceptional Rooming House, ideally located just off the Northern Illinois University (NIU) campus. This expansive 7,500 square foot ranch-style property offers an incredible investment opportunity in the heart of NIU student housing. The property features a 2-bedroom, 1-bathroom apartment situated on one corner, while the other side boasts 20 additional bedrooms. Residents can enjoy a spacious living room, dining room, and kitchen, along with a back porch/Deck for relaxation. The main bathroom is well-equipped with 5 stalls, 4 shower stalls, and 4 sinks. There are also two half baths to accommodate residents. Ample parking is available on-site. Recent upgrades make this property even more appealing. The entire attic has been newly insulated, a sprinkler system has been added, and a fire alarm monitoring system is in place. Safety and security are further enhanced with a 16-camera monitoring system. The property also benefits from a new roof, new flooring throughout most of the common areas and bedrooms, fresh paint throughout, 3 new furnaces, and 2 new forced-air air conditioners. Additional improvements include new gutters, fascia boards, 3 new tankless water heaters, and a remodel of the main bathroom. A new coin-operated stacked washer & dryer, refrigerator, and freezer have also been installed. The kitchen is well-equipped with 2 dishwashers, 2 refrigerators, 2 stoves, and 2 coin-operated washing machines and dryers. Wi-Fi is available throughout the building, ensuring convenience for all residents. The prime location of this property is unbeatable, with a bus stop directly in front and a backyard that backs onto a park. Low comparative taxes ($9,015.80 for 2022 payable in 2023) add to the property's appeal. The property is inspected annually by the Fire Marshal and consistently receives positive remarks, with the next inspection scheduled for August 2024. This Rooming House is a rare find in the heart of NIU, offering both comfort and convenience for students. Don't miss out on this incredible opportunity!
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Multi-Family ActiveMulti-Family,Single Room Occupancy
FeaturesGeneralCooling Central Air
Utilities Sanitary Sewer Sewer-Storm Available Water-Municipal
Possession Closing
Roof Composition
Zoning MULTI
Construction Materials Wood Frame
Year Built 1964
Electric Circuit Breakers Service - 101 to 200 Amps
Tenant Pays Electricity Heat Scavenger Sewer
Stories 1
Township DeKalb
Tax Year 2023
Current Use Multi-Family Single Room Occupancy
Gross Income 144000
County DeKalb
Net Operating Income 111275
Operating Expense 32725
Insurance Expense 5378
Property Type Commercial Sale Multi Family 5+
Possible Use Multi-Family Special Use
Status Active
Directions Annie Glidden to Hillcrest to Greenbrier to 908
City DeKalb
NumberOfUnitsTotal 21
MLS Area De Kalb
Lot Size Square Feet 28841
Tax Annual Amount 9198.18
Electric Expense 7053
Fuel Expense 3034
Trash Expense 1728
Water Sewer Expense 2587
Additional Parcels Y/N N
Days on Market 7
Standard Status Active
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InteriorTotal Fireplaces 1
Basement Slab
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ExteriorFoundation Details Concrete Perimeter
Building Area Total 7464
Lot Dimensions 159X161.40X200X191
Lot Size Acres 0.66
Frontage Type City Street
Exterior Brick Frame
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* Excluded FeaturesList Byrealtored1@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,492
- Monthly Property Taxes
- $767
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Dekalb, IL
Average List Price $487,508
Percent of Sale Price 35%
About Dekalb, IL 41,963 Population
9% Since 2002
$ 42,097 Median Income
24.69 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
8/23/2024 | $750,000 | | Listed Price |