226 W Locust St Dekalb, IL 60115
Estimated payment $1,823/month
About This Home
If you're looking for an investment then check out this 3 story residence in the DeKalb Historical District. Currently used as a 7-bedroom rooming house licensed by the City of DeKalb. Features original woodwork, 3 full bathrooms, 2 kitchens, large rooms, laundry in basement as well as the possibility of a studio apartment on the 3rd floor. There is a new deck and stairs off the back of the house as well as off-street parking for your Tenants. Within Walking distance to Northern Illinois campus and Downtown DeKalb.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,886
Year Built
- Built in 1950
Home Design
- Rooming House
Additional Features
- 3-Story Property
- Radiator
Community Details
Overview
- 7 Units
Building Details
- Electric Expense $1,913
- Fuel Expense $1,913
- Insurance Expense $845
- Maintenance Expense $4,895
- Other Expense $1,260
- Trash Expense $997
- Water Sewer Expense $997
- Operating Expense $23,281
- Gross Income $35,487
- Net Operating Income $12,206
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 | $5,886 | $71,712 | $8,987 | $62,725 |
| 2023 | $5,886 | $62,527 | $7,836 | $54,691 |
| 2022 | $5,769 | $57,086 | $8,943 | $48,143 |
| 2021 | $5,925 | $53,542 | $8,388 | $45,154 |
| 2020 | $6,059 | $52,688 | $8,254 | $44,434 |
| 2019 | $5,839 | $49,761 | $7,930 | $41,831 |
| 2018 | $5,702 | $48,074 | $7,661 | $40,413 |
| 2017 | $5,756 | $46,211 | $7,364 | $38,847 |
| 2016 | $5,692 | $45,044 | $7,178 | $37,866 |
| 2015 | -- | $42,679 | $6,801 | $35,878 |
| 2014 | -- | $43,228 | $9,840 | $33,388 |
| 2013 | -- | $45,407 | $10,336 | $35,071 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2025 02/07/25 | For Sale | $239,000 | +54.2% | -- |
| 11/04/2021 11/04/21 | Sold | $155,000 | -10.9% | $82 / Sq Ft |
| 09/23/2021 09/23/21 | Pending | -- | -- | -- |
| 07/09/2021 07/09/21 | For Sale | $174,000 | -- | $92 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $155,000 | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $116,250 | New Conventional | |
| Previous Owner | $130,000 | New Conventional | |
| Previous Owner | $20,000 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12286481
APN: 08-22-278-005
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