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204 S 7th Street

Dekalb, IL 60115
  • $229,900
  • STATUS: Pending
  • ON SITE: 111 Days
  • MLS #: 11685532
Pending
UPDATED: 112 min ago
$229,900
  • 4
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1875
County:
Area:

School Ratings & Info

School District:
428

Description

Why not have your tenants help pay your mortgage - especially with the rising interest rates? The lower level of this home (Unit 1) can easily be owner-occupied. Or this three-unit converted home would make a nice addition to a portfolio. Enter through the wrap-around porch to the main entrance of the building. Unit 1 has 2-3 bedrooms, 9-foot ceilings, a new shower, a large living room, a formal dining room, ceiling fans, and a nice kitchen with an entrance to the basement and AC. The garage can be for unit 1 as well as a washer and dryer. (Interior photos are of Unit 1 only). Unit 2 is to the right of the stairs and Unit 3 is at the top of the stairs. Unit 2 has one bedroom, a living room, a kitchenette, and a bedroom with access to the back deck. Unit 3 is more like a "suite" with a living room, bedroom, kitchen, and access to the back deck as well. The two-garage can be for Unit 1 or one can rent it out for an additional fee. (Increased rent for Unit 1 would warrant the use of the garage). The basement is accessible by all three tenants. All three units use the basement space for storage. The corner lot is quite spacious and can be enjoyed by the tenants for outdoor activities. You'll be impressed with the basement. It is all concrete poured and like brand new. Updates include two new water heaters (2020); a new shower in Unit 1 (2022); a chimney stack (2018); newer siding. Close to downtown DeKalb, NIU, and I-88 access. This could be the investment property you are looking for or a great place to call your home while the tenants help pay the mortgage.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2023-03-30T23:57:52.997 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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204 S 7th Street Dekalb, IL 60115

  • Price: $229,900
  • Status: Pending
  • On Site: 111 Days
  • Updated: 112 min ago
  • MLS #: 11685532
4
Beds
0
Baths
0
½ Baths
0.28
Acres
1875
Built
Neighborhood:
De Kalb
County:
De Kalb
Area:
De Kalb
School District:
428
Property Description
Why not have your tenants help pay your mortgage - especially with the rising interest rates? The lower level of this home (Unit 1) can easily be owner-occupied. Or this three-unit converted home would make a nice addition to a portfolio. Enter through the wrap-around porch to the main entrance of the building. Unit 1 has 2-3 bedrooms, 9-foot ceilings, a new shower, a large living room, a formal dining room, ceiling fans, and a nice kitchen with an entrance to the basement and AC. The garage can be for unit 1 as well as a washer and dryer. (Interior photos are of Unit 1 only). Unit 2 is to the right of the stairs and Unit 3 is at the top of the stairs. Unit 2 has one bedroom, a living room, a kitchenette, and a bedroom with access to the back deck. Unit 3 is more like a "suite" with a living room, bedroom, kitchen, and access to the back deck as well. The two-garage can be for Unit 1 or one can rent it out for an additional fee. (Increased rent for Unit 1 would warrant the use of the garage). The basement is accessible by all three tenants. All three units use the basement space for storage. The corner lot is quite spacious and can be enjoyed by the tenants for outdoor activities. You'll be impressed with the basement. It is all concrete poured and like brand new. Updates include two new water heaters (2020); a new shower in Unit 1 (2022); a chimney stack (2018); newer siding. Close to downtown DeKalb, NIU, and I-88 access. This could be the investment property you are looking for or a great place to call your home while the tenants help pay the mortgage.
Exterior Features

Architectural Style Traditional Exterior Building Type Vinyl Siding Exterior Features Porch Foundation Details Concrete Perimeter Garage Details Garage Door Opener(S)Transmitter(S) Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Features Corner Lot Lot Size Less Than .25 Acre Multi Family Type Converted Residence Parking Details GarageSpace/S Parking Features AssignedUnassignedOff StreetDriveway Parking Onsite Yes Parking Ownership Owned Parking Total 2 Roof Asphalt Waterfront YN No

Interior Features

Basement Unfinished Basement Details Full Bathroom No Tub Bedrooms Below Grade 0 Bedrooms Total 4 Full Baths In Building 3 Half Baths In Building 0 Heating Natural Gas Room Type Den Rooms Total 14

Property Features

Age 100+ Years Built Before1978 YN Yes Community Features CurbsSidewalksStreet LightsStreet Paved Corporate Limits Dekalb General Information School Bus Service Gross Income 2050 Mls Actual Status Pending Net Operating Income 2100 New Construction YN No Other Equipment Co DetectorsCeiling Fan(S)Water Heater-Gas Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 7338.84 Tax Year 2021 Total Numberof Unitsin Building 3 Total Rental Income 2050 Township Dekalb Type Two To Four Units Water Source Public

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Real Estate Group: (815) 756-2557.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2023-03-30T23:57:52.997 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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