$255,000
SOLD MAY 20, 2025

220 College Ave Dekalb, IL 60115

-- Bed
-- Bath
3,446 Sq Ft
7,274 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

5% Below List Price

112 Days on Market

Highlights

  • 1 Fireplace
  • Laundry Room
  • Accessible Bathroom
  • Meeting Room
  • Accessible Entrance
  • Forced Air Heating and Cooling System

About This Home

As of May 2025

Don't miss this unique property featuring SEVEN bedrooms and three full bathrooms! With very close proximity to NIU, this would make an awesome income-producing property. This home was a boarding house for Northwestern Medicine, so it is up to code with emergency exits, fire doors & sprinklers, and handicap accessibility, and all bedrooms on the 2nd & 3rd floor are individually numbered. 220 College is a charming Victorian home with a wraparound porch. Upon entering the family room, you'll notice the gorgeous original woodwork in the staircase and built-in bench. The family room also showcases a beautiful fireplace. Adjoining the family room is the parlor, which has double doors leading to the formal dining room. The dining room features a gorgeous built-in hutch, and has a closet, so it could function as an EIGHTH bedroom if you need more space. Large kitchen with room for a small table. A first-floor bedroom and a full bath complete the main level. Upstairs, the second level of the home has 4 bedrooms (201, 202, 203, & 204), which share access to a full hall bath with two separate showers! Bedroom #204 has an emergency exit to the flat roof over the addition. The third level of the home features the 6th and 7th bedrooms (301 & 302), and a full hall bath. Bedroom #302 exits to an exterior staircase at the back of the home. The unfinished basement has plenty of additional space, with room for storage plus the laundry room and a utility room. The shared parking lot includes 4 parking spaces, one of which is a handicap accessible space with access to the wheelchair ramp for entry. Great location, between NIU's campus and downtown Dekalb. The property is being sold AS-IS. Don't miss this rare opportunity!

Last Agent to Sell the Property

Sarah Leonard

Legacy Properties, A Sarah Leonard Company, LLC License #475122634 Listed on: 10/14/2024

Co-Listed By

Suzi Warner

Legacy Properties, A Sarah Leonard Company, LLC License #475138157

Last Buyer's Agent

Cody Salter

Great Western Properties License #471004276

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 1903

Lot Details

  • 7,274 Sq Ft Lot

Home Design

  • Rooming House
  • Block Foundation
  • Stone Foundation
  • Composition Roof

Interior Spaces

  • 3,446 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Fire Sprinkler System
  • Laundry Room

Accessible Home Design

  • Accessible Bathroom
  • Accessible Entrance

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 7 Units
  • Meeting Room

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,330

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Rooming House/SRO
  • Stories: 3
  • Year Built: 1903
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Fireplaces: 1
  • Fire Protection: Sprinklers
  • Misc Inside: Common Lunchroom/s,Common Meeting Room/s,Employee Kitchen,Accessible Entrance,Accessible Washroom/s,Laundry Room
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 0
  • Ranges: 0
  • Number of Windows: 0
  • Number of Washers: 0
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Other
  • Foundation Details: Block, Stone
  • Frontage Type: City Street
  • List Price: 269000
  • Roof: Composition
  • Misc Outside: Fire Escape,Accessible Entrance

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air
  • Utilities: Sewer Connected, Water Available
  • Heat/Ventilation: Forced Air,Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Dimensions: 7274
  • Lot Size Sq Ft: 7274
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks

Rental Info

  • Tenant Pays: None
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 3446

Multi Family

  • NumberOfUnitsTotal: 7
  • Type Multi-Family: Rooming House/SRO

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
May 19, 2025
Sold by
Dekalb Behavioral Health Foundation Inc
Bought by
Ayres Collin
Seller's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
Buyer's Agent
Cody Salter
Great Western Properties
List Price
$269,000
Sold Price
$255,000
Premium/Discount to List
-$14,000
-5.2%
Views
141
Current Estimated Value
$255,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$688
Avg. Annual Appreciation
0.97%
Original Mortgage
$247,350
Outstanding Balance
$246,902
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$8,786

Purchase Details

Closed on
Nov 1, 2015
Sold by
Ben Gordon Center
Bought by
Dekalb Behavioral Health Found

Purchase Details

Closed on
Oct 28, 2015
Sold by
First Street Holding Inc
Bought by
Ben Gordon Center
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Warranty Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,350 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $255,000 -5.2% $74 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
10/14/2024 10/14/24 For Sale $269,000 -- $78 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $1,330 -- -- --
2023 $1,330 -- -- --
2022 $1,330 $0 $0 $0
2021 $1,330 $0 $0 $0
2020 $1,330 $0 $0 $0
2019 $1,330 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $10,000 $1,030 $8,970
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12188273

Midwest Real Estate Data (MRED)

APN: 08-22-233-012