Nicholas Rhoads
HomeSmart Connect LLC
(815) 981-4286
59 Total Sales
1 in Dekalb
$365,000 Price
1230 Blackhawk Rd Dekalb, IL 60115
DeKalb AreaEstimated Value: $586,468
27
Beds
27
Baths
11,400
Sq Ft
$51/Sq Ft
Est. Value
Highlights
- 0.72 Acre Lot
- Home Gym
- Baseboard Heating
- 1 Fireplace
- Laundry Room
About This Home
As of March 2024Exceptional investment opportunity, just steps away from Northern Illinois University. This impressive 11,400 sqft boarding house boasts 26 rooms, all approved for double occupancy, and a 1-bedroom apartment suite with a separate full bath. Whether you're looking to expand your real estate portfolio or establish a steady income stream, this property offers a promising venture. The ground floor welcomes you with a spacious great room and a versatile meeting area, brick fireplace, and 1/2 bath, perfect for gatherings and events. Catering to communal living, the group dining room provides an ideal space for residents. Well-equipped commercial kitchen ensures that meal preparation is a breeze, making it easier to cater to the needs of the residents. On the ground floor, you'll find a comfortable 1-bedroom apartment suite with a separate full bath, adding to the property's flexibility. Second and third floors offer 13 rooms each, complete with private closets and newer carpeting. Residents on these floors have easy access to 2 common bathrooms, featuring 4 showers, stalls, multiple sinks, and additional storage areas per floor. Finished basement extends the versatility of the property, featuring an additional lounge/recreational space, a flex area for workouts or bonuses, additional 1/2 bath and a common area laundry room. This thoughtful layout ensures that residents have ample space to relax and enjoy their time on the property. Outdoor features sitting area, firepit and shed. Ample parking spaces. This Northern Illinois University-adjacent boarding house presents an outstanding opportunity for real estate investors. Its combination of 26 spacious rooms, communal amenities, and an excellent location near the university make it a highly attractive investment. Don't miss your chance to own a well-maintained, income-generating property. Seize this opportunity to add a promising asset to your real estate portfolio. Schedule a viewing today and explore the potential of this remarkable property.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,390
Year Built
- Built in 1980
Lot Details
- 31,363 Sq Ft Lot
- Lot Dimensions are 175x180
Home Design
- Rooming House
- Brick Exterior Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 11,400 Sq Ft Home
- 3-Story Property
- 1 Fireplace
- Home Gym
- Laundry Room
Bedrooms and Bathrooms
- 27 Bedrooms
- 27 Bathrooms
Finished Basement
- Recreation or Family Area in Basement
- Basement Storage
Utilities
- Window Unit Cooling System
- Baseboard Heating
Community Details
Overview
- 27 Units
Building Details
- Electric Expense $11,010
- Fuel Expense $3,238
- Other Expense $1,323
- Trash Expense $1,117
- Water Sewer Expense $3,543
- Operating Expense $41,051
- Gross Income $85,560
- Net Operating Income $44,508
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 17, 2025
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Sep 29, 2023
Closed on
Mar 20, 2024
Sold by
Bought by
Seller's Agent
Michelle Ohlinger
American Realty
Buyer's Agent
Sarah Funches
Keller Williams ONEChicago
List Price
$550,000
Sold Price
$495,000
Premium/Discount to List
-$55,000
-10%
Views
148
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$494,000
Interest Rate
1.39%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 16, 2018
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Dekalb, IL
-
Nicholas Rhoads
-
Jane Mitchell
Jane Mitchell
John R Wood Properties
(239) 360-6063
12 Total Sales
2 in Dekalb
$295K - $405K Price Range
-
Jesse Valle
Jesse Valle
Smart Home Realty
(224) 970-2861
41 Total Sales
1 in Dekalb
$275,000 Price
-
Jen Salerno
Jen Salerno
Century 21 Broughton Team
(779) 212-7735
51 Total Sales
1 in Dekalb
$160,000 Price
-
Jeffrey Padesky
Jeffrey Padesky
Real Broker, LLC
(847) 241-1543
113 Total Sales
1 in Dekalb
$215,000 Price
-
Tracy Nosalik
Tracy Nosalik
Keller Williams Success Realty
(708) 854-1869
102 Total Sales
1 in Dekalb
$185,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Greater Illinois Title | ||
| $495,000 | American Title | ||
| $165,000 | Attorney |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $650,000 | ||
| Closed | $494,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/22/2024 03/22/24 | Sold | $495,000 | -10.0% | $43 / Sq Ft |
| 01/17/2024 01/17/24 | Pending | -- | -- | -- |
| 12/25/2023 12/25/23 | For Sale | $550,000 | 0.0% | $48 / Sq Ft |
| 12/12/2023 12/12/23 | Pending | -- | -- | -- |
| 11/30/2023 11/30/23 | Price Changed | $550,000 | -15.4% | $48 / Sq Ft |
| 09/29/2023 09/29/23 | For Sale | $650,000 | -- | $57 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,194 | $176,666 | $66,823 | $109,843 |
| 2024 | $20,803 | $253,469 | $61,020 | $192,449 |
| 2023 | $20,803 | $221,003 | $53,204 | $167,799 |
| 2022 | $20,391 | $201,774 | $60,719 | $141,055 |
| 2021 | $20,942 | $189,246 | $56,949 | $132,297 |
| 2020 | $21,415 | $186,229 | $56,041 | $130,188 |
| 2019 | $20,995 | $178,912 | $53,839 | $125,073 |
| 2018 | $20,500 | $172,845 | $52,013 | $120,832 |
| 2017 | $20,695 | $166,149 | $49,998 | $116,151 |
| 2016 | $20,466 | $161,955 | $48,736 | $113,219 |
| 2015 | -- | $148,346 | $46,178 | $102,168 |
| 2014 | -- | $150,254 | $46,772 | $103,482 |
| 2013 | -- | $157,830 | $49,130 | $108,700 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Ohlinger
Seller's Agent in 2024
Michelle Ohlinger
American Realty
(815) 793-5212
116 Total Sales
-
Sarah Funches
S
Buyer's Agent in 2024
Sarah Funches
Keller Williams ONEChicago
(312) 719-0071
43 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11888055
APN: 08-15-102-009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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 IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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