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829 Greenbrier Rd
DeKalb, IL 60115
Multifamily Property For Sale · 16 Units

Property Facts

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.26 AC
Building Size 3,400 SF
No. Stories 2
Year Built 1963
Parking Ratio 3.52/1,000 SF

About 829 GREENBRIER RD , DEKALB, IL 60115

Marcus & Millichap is pleased to present 829 Greenbrier Road located in DeKalb, Illinois. This boarding house property is fully occupied and consists of one, one-bedroom apartment unit (approximately 400 square feet) and 15 single rooms (approximately 200 square feet). The property features a newer boiler heating system, as well as newer bathrooms, showers, flooring and kitchens and appliances. As the western anchor to the booming Interstate 88 corridor, DeKalb, Illinois is only a little more than one hour from both downtown Chicago and O'Hare International Airport. In spite of its proximity to the Chicago region, DeKalb remains apart and maintains its own unique character as a thriving university community with both urban and rural roots. The city of DeKalb has evolved from a primarily manufacturing and agribusiness town o a community which is recognized for its commitment to economic and environmental sustainability, its variety of cultural and entertainment opportunities and regional leadership in educational and medical resources that welcome the development of synergistic business enterprises. These are the primary reason why DeKalb has steadily grown to a full-service community of approximately 44,030. This investment allows a new investor the opportunity to acquire a fully-occupied boarding house property with recent capital improvements and the ability to achieve above-average returns.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 15 $500.00 200 - 1,000
1+1 1 $650.00 600

Property Taxes

Property Taxes

Parcel Number
08-15-178-021
Land Assessment
$21,695
Improvements Assessment
$82,714
Total Assessment
$104,409
  • Listing ID: 13829263

  • Date on Market: 9/19/2018

  • Last Updated:

  • Address: 829 Greenbrier Rd, DeKalb, IL 60115

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