Dekalb, IL Multifamily Homes & Duplexes for Sale

/9
$420,500
- 8 Beds
- 5 Baths
650 N 11th St, Dekalb, IL 60115

Great investment with 2 duplex buildings, for a total of 4 units. Basements with W/D hookup. Sold as a set: 650/652 & 656/658 N. 11th Street. 2 parcels, will not separate. Total income between both $43,680 GOI. Insurance $1395 each lot, Taxes $4690 each lot. Total bedrooms: 8 Total Bathrooms: 4 Long term tenants. Priced for an 8 cap rate.

Katherine Gannon

RE/MAX Experience

(866) 621-5288

650 N 11th St, Dekalb, IL 60115
Explore Dekalb
/25
$299,000
345 Augusta Ave, Dekalb, IL 60115

What a location Just a few blocks from the NIU campus. How great to be able to walk to class. The location makes very attractive to potential students. Owner has vacated the property to have improvements made to the home. If you're looking for an investment, this rooming house host 9 bedrooms, 3 bathrooms. New kitchen with new appliances, new flooring also. Freshly painted throughout. Some

Linda Swenson

Century 21 Circle

(833) 348-1475

345 Augusta Ave, Dekalb, IL 60115
/2
$245,000
- 5 Beds
- 3 Baths
227 W Locust St, Dekalb, IL 60115

Well-maintained and fully rented 3-unit property located in DeKalb's Historic District. This is a great investment opportunity, ideally positioned near Northern Illinois University, downtown amenities, and public transportation

Linda Swenson

Century 21 Circle

(888) 289-4060

227 W Locust St, Dekalb, IL 60115
/2
$230,000
- 5 Beds
- 2 Baths
416 College Ave, Dekalb, IL 60115

2 unit for investors this property offers the potential for steady rental income due to its proximity to NIU and downtown the location is highly desirable for tenants, and the potential to convert back into a single -family home makes it a future-proof investment. Full unfinished basement is great for storage and host a coin laundry. Large yard in the historical Ellwood District. The layout

Linda Swenson

Century 21 Circle

(877) 361-6824

416 College Ave, Dekalb, IL 60115
/2
$295,000
223 W Locust St, Dekalb, IL 60115

An updated rooming house, in a great location close to NIU and downtown within walking distance or close to public transportation. Newer mechanicals furnaces & central air--windows -- plumbing -- some electrical. 3 updated Kitchens and 5 updated baths. If your investor this is ready for you. The potential for great rental income. Owner has other properties in the area and would consider a

Linda Swenson

Century 21 Circle

(888) 488-6704

223 W Locust St, Dekalb, IL 60115
/2
$305,000
305 College Ave, Dekalb, IL 60115

This historical home was once the President of NIU, (Swen Parson) 2 Newer furnaces in 2023 This 11-unit license rooming house Great location to NIU with ample parking. Great front porch. One shared kitchen. 1 washer & dryer. This your opportunity to own a turnkey investment.

Linda Swenson

Century 21 Circle

(855) 528-9250

305 College Ave, Dekalb, IL 60115
/2
$320,000
230 Augusta Ave, Dekalb, IL 60115

Investment opportunity within walking distance to Northern IL University 16 unit rooming house. Updated shared kitchen. On site coin laundry. Parking on site. Home sits in the Historical Ellwood district. Build your financial security. Seller has a portfolio of homes is this area call for details.

Linda Swenson

Century 21 Circle

(866) 970-2138

230 Augusta Ave, Dekalb, IL 60115
/67
$315,000
336 College Ave, Dekalb, IL 60115

The Historic McMurray House presents a rare opportunity to acquire a well-maintained, income-producing property in a strong rental market. This well-maintained, income-producing property features five rental units: four 1-bedroom apartments and one 4-bedroom unit. Four of the five units showcase original hardwood flooring and are in good condition. The property has a strong rental history and

Melissa Mobile Hometown Realty Group

336 College Ave, Dekalb, IL 60115
/13
$159,900
- 2 Beds
- 2 Baths
705 N 6th St, Dekalb, IL 60115

Completely renovated 2 Unit property located approx. one mile from NIU campus. Lower unit is a studio apartment complete with all appliances. The upper unit is a spacious one bedroom apartment. All hardwood floors and freshly painted interior. One car heated garage with new overhead door is good for storage and has laundry hook-ups. Exterior has newer roof, vinyl siding, and Feldco windows.

Ben Henrikson RE/MAX Horizon

705 N 6th St, Dekalb, IL 60115
/8
$639,900
Unlisted Address

Turn Key Investment opportunity with this 8 unit complex just about as close to campus as you can get! With rents ranging from $725-825, this property rarely has vacancies. 4 (2) bedroom units and 4 (1) bedroom units, laundry and parking on site, coin operated units and parking spots for each tenant in the lot. Tenants pay all utilities and electric and water separately metered. Fully occupied,

Carrie Ottum Weichert REALTORS Signature Professionals

Unlisted Address
/7
$849,999
501 College Ave, Dekalb, IL 60115

Investment Opportunity with these well maintained multi units next to NIU campus. 2 units that must be sold together, under one parcel. 501: 6 unit with laundry and parking. 503: recently rehabbed, 3 unit with laundry and parking. Tenants pay all utilities, owner pays landscaping and snow removal. Both units are fully occupies and rarely have turnover. Owner has another unit he would

Zachary Ottum Weichert REALTORS Signature Professionals

501 College Ave, Dekalb, IL 60115
/10
$449,000
- 9,600 Sq Ft
900 Greenbrier Rd, de Kalb, IL 60115

Receivership Sale - Vacant former fraternity house on Northern Illinois Campus. Three story building with 28 bedrooms. Shared bathroom/showers on each floor and a full finished basement with a kitchen. Could be continued as student housing or an ideal apartment conversion. Sale subject to court approval

Brad Thompson Millennium Properties RE, Inc.

900 Greenbrier Rd, de Kalb, IL 60115
/9
$869,000 New Construction
- 8 Beds
- 8 Baths
1015 Market St, Dekalb, IL 60115

New 4-unit construction in De Kalb, IL. Construction will be done in 2 weeks from 6/28. New pictures uploaded 6/28. Schedule a tour directly through listing agent. All units have washer and dryer. All units contain one master bedroom. 1,100 sq feet per unit. Architectual plans available upon request. Any and all concerns contact listing broker.

Jesse Samayoa Midwest SignatureProperties Co

1015 Market St, Dekalb, IL 60115

Illinois DeKalb County Dekalb

Why Live in Dekalb

DeKalb, IL offers a blend of suburban and small-town charm, with Northern Illinois University contributing to a vibrant college-town atmosphere. The city features a mix of vintage and modern homes, including split-level and ranch styles south of the university, and modern transitional-style homes to the north. Townhouses and multi-family homes are also available, with properties ranging from 900 to 5,700 square feet. DeKalb High School is highly regarded, providing quality education for local students. Residents enjoy a variety of things to do, such as attending events at the Egyptian Theater, dining at local favorites like Ellwood Steak and Fish House, and exploring shops and restaurants downtown. Outdoor enthusiasts can visit Hopkins Park for sports and community activities, or Katz Dog Park for off-leash fun. Golfers have access to Kishwaukee Country Club and River Heights Golf Course. DeKalb's public transit system and proximity to Interstate 88 make commuting convenient, with Chicago's O'Hare International Airport about an hour away. Annual events like Corn Fest and Polar Palooza, along with NIU Huskies football games, add to the community spirit.

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Home Trends in Dekalb, IL

On average, homes in Dekalb, IL sell after 31 days on the market compared to the national average of 70 days. The median sale price for homes in Dekalb, IL over the last 12 months is $205,500, up 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$205,500

Median Single Family Sale Price

$256,000

Median Townhouse Sale Price

$189,900

Median 2 Bedroom Sale Price

$205,000

Average Price Per Sq Ft

$142

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

0.20

Median List Price

$220,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Dekalb, there are currently 13 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $159,900 to $869,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Dekalb is $220,000, while the average sale price is $233,714, offering insights into the local housing market. On average, multi-family homes spend 31 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Dekalb, IL.

Dekalb Types of Homes for Sale

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