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Dekalb Office - Retail 129 E Locust St 2,460 SF 100% Leased Office Building Dekalb, IL 60115 $229,000 ($93.09/SF)



Investment Highlights
- 1230 sf available for an owner user
- Unbeatable downtown Dekalb location
- Own for less than renting - income from established tenant with a fresh lease
Executive Summary
Property Facts
Amenities
- Storage Space
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Finance and Insurance
- -
- -
- -
tate Farm is one of the largest insurance and financial services organizations in the United States, operating as a mutual company owned by its policyholders. Founded in 1922, the company has built a longstanding reputation for stability, scale, and customer-focused service across personal, commercial, and financial product lines. The organization provides a broad range of offerings, including auto, home, renters, life, health, and business insurance, along with banking, lending, and investment services through affiliated entities. State Farm serves tens of millions of customers nationwide and maintains one of the most extensive insurance distribution networks in the country through independent local agents supported by centralized enterprise operations. As a mutual insurer, State Farm prioritizes long-term financial strength, risk management, and policyholder value over short-term market performance. The company consistently ranks among the largest insurers in North America by premiums written and policies in force, particularly in auto and homeowners insurance. State Farm operates at national scale with a highly integrated organizational structure encompassing underwriting, claims, technology, analytics, legal, compliance, marketing, and customer service functions. Its operations are supported by a large professional workforce and advanced digital platforms designed to enhance claims handling, customer experience, and operational efficiency. Guided by a strong brand identity and a long-standing emphasis on trust and reliability, State Farm continues to play a central role in the U.S. insurance and financial services landscape.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Finance and Insurance | - | - | - |
Property Taxes
| Parcel Number | 08-23-155-012 | Improvements Assessment | $60,318 |
| Land Assessment | $7,919 | Total Assessment | $68,237 |
Property Taxes
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Dekalb Office - Retail | 129 E Locust St
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