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$ 229,500
Est. payment /mo
New
226 W Locust ST Dekalb, IL 60115
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12548014
Maintenance Fees $4,895
Year Built 1950
Annual Tax Amount $5,886
Tax Year 2023
Lot Dimensions 35.02 X 20 X 210+ X 34.90 X 220+
Property Sub-Type Multi Family 5+
Property Description
Great investment opportunity near Downtown DeKalb and NIU! This 5-room + 1 studio, 3-bath rooming house offers strong rental income potential with the added flexibility of a house hack option-live in the private studio and rent out the remaining rooms. The property has been freshly updated with new flooring, new paint in the bathrooms, and fresh paint throughout the common areas, creating a clean and appealing environment for tenants. Ideal for investors or an owner-occupant looking for affordable living and steady cash flow. Located just minutes from Northern Illinois University, Downtown DeKalb, restaurants, shopping, bus routes, and major roads, including Annie Glidden Rd and Lincoln Hwy. Off-street parking and walkability to local amenities enhance its rental appeal. A fantastic addition to any rental portfolio-or an opportunity to live affordably while generating income.
Location
State IL
County Dekalb
Area De Kalb
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Cindy Heinrich of 815 Property
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