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129 E Locust St
Dekalb, IL 60115
Office Property For Sale
Investment Highlights
- Prime Downtown Location steps from restaurants, retail, and City Hall offering excellent accessibility.
- Owner-User Flexibility with 1,230 SF available for immediate occupancy or reconfiguration.
- Full Basement Utility with leasing or storage options and mechanical systems.
- Income-Producing Advantage with an established office tenant under a new long-term lease.
- Historic Dental Office Setup includes plumbing in place for specialized business use.
- Easy Multi-Tenant Adaptability with separately metered utilities and potential for three units.
Executive Summary
This 2,460-square-foot commercial building in the heart of downtown DeKalb presents an outstanding opportunity for an owner-user or investor. Priced at $229,000, the property is currently 50% leased to a long-term office tenant, providing built-in income stability. Approximately 1,230 square feet remain available for immediate occupancy or additional leasing potential, historically utilized as a dental office with existing plumbing infrastructure in place. Flexible configuration options allow for two or three separate units, increasing future income prospects.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,460 SF
Building Class
C
Year Built
1963
Price
$229,000
Price Per SF
$93.09
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,460 SF
Building FAR
0.94
Lot Size
0.06 AC
Zoning
CBD - Commercial
Amenities
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 08-23-155-012 | Improvements Assessment | $66,054 |
| Land Assessment | $8,672 | Total Assessment | $74,726 |
Property Taxes
Parcel Number
08-23-155-012
Land Assessment
$8,672
Improvements Assessment
$66,054
Total Assessment
$74,726
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