223 W Locust St Dekalb, IL 60115
Estimated payment $1,865/month
About This Home
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 package deal. Don't miss this opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,616
Year Built
- Built in 1920
Home Design
- Rooming House
Interior Spaces
- 3-Story Property
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
Overview
- 7 Units
Building Details
- Electric Expense $1,034
- Fuel Expense $1,692
- Insurance Expense $1,238
- Maintenance Expense $13,245
- Other Expense $636
- Trash Expense $1,100
- Water Sewer Expense $1,100
- Operating Expense $26,039
- Gross Income $48,000
- Net Operating Income $18,309
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,786 | $70,502 | $8,137 | $62,365 |
| 2023 | $5,786 | $61,472 | $7,095 | $54,377 |
| 2022 | $5,672 | $56,124 | $8,098 | $48,026 |
| 2021 | $5,825 | $52,639 | $7,595 | $45,044 |
| 2020 | $5,957 | $51,800 | $7,474 | $44,326 |
| 2019 | $5,874 | $50,054 | $7,180 | $42,874 |
| 2018 | $5,735 | $48,357 | $6,937 | $41,420 |
| 2017 | $5,790 | $46,483 | $6,668 | $39,815 |
| 2016 | $5,726 | $45,310 | $6,500 | $38,810 |
| 2015 | -- | $42,932 | $6,159 | $36,773 |
| 2014 | -- | $39,439 | $8,912 | $30,527 |
| 2013 | -- | $41,427 | $9,361 | $32,066 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/20/2025 09/20/25 | Price Changed | $265,000 | -10.2% | -- |
| 06/30/2025 06/30/25 | For Sale | $295,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Deed | $400,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $232,000 | -- | |
| Warranty Deed | $36,500 | -- | |
| Warranty Deed | $180,000 | -- | |
| Trustee Deed | $138,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $700,000 | New Conventional | |
| Previous Owner | $23,200 | New Conventional | |
| Previous Owner | $185,600 | New Conventional | |
| Previous Owner | $146,400 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12407969
APN: 08-22-233-015
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