336 College Ave Dekalb, IL 60115
Estimated payment $2,203/month
About This Home
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 appeals to a stable tenant base. Currently, all tenants are graduate students, creating a quiet and reliable environment. Only one unit remains available for the upcoming school year. Recent capital improvements include a new roof installed in Fall 2024. On-site coin-operated laundry provides additional income potential. Located in a desirable area with consistent rental demand, the McMurray House is a solid addition to any investment portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,886
Year Built
- Built in 1895
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 80x170
Parking
- 6 to 12 Parking Spaces
Home Design
- Stone Foundation
- Composition Roof
Interior Spaces
- 3-Story Property
Utilities
- Radiator
- Hot Water Heating System
- Heating System Uses Gas
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $289
- Fuel Expense $5,041
- Insurance Expense $5,020
- Other Expense $500
- Water Sewer Expense $1,967
- Operating Expense $20,705
- Gross Income $42,000
- Net Operating Income $21,295
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 | $7,886 | $96,089 | $14,161 | $81,928 |
| 2023 | $7,886 | $83,781 | $12,347 | $71,434 |
| 2022 | $7,730 | $76,492 | $14,091 | $62,401 |
| 2021 | $7,939 | $71,743 | $13,216 | $58,527 |
| 2020 | $8,118 | $70,599 | $13,005 | $57,594 |
| 2019 | $7,959 | $67,825 | $12,494 | $55,331 |
| 2018 | $7,772 | $65,525 | $12,070 | $53,455 |
| 2017 | $7,845 | $62,986 | $11,602 | $51,384 |
| 2016 | $7,759 | $61,396 | $11,309 | $50,087 |
| 2015 | -- | $58,173 | $10,715 | $47,458 |
| 2014 | -- | $58,921 | $15,504 | $43,417 |
| 2013 | -- | $61,892 | $16,286 | $45,606 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2025 09/13/25 | Price Changed | $290,000 | -7.9% | -- |
| 07/20/2025 07/20/25 | For Sale | $315,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12424225
APN: 08-22-233-001
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.
Based on information submitted to the MLS GRID. 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
- 322 College Ave
- 227 W Locust St
- 223 W Locust St
- 305 College Ave
- 230 Augusta Ave
- 416 College Ave
- 501 College Ave
- 345 Augusta Ave
- 305 Pearl St
- 315 E Lincoln Hwy
- 0000 Illinois 23
- TBD Illinois 23
- 330 Grove St
- 717 N 1st St
- 340 W Roosevelt St
- 324 N 6th St
- SE Corner of 10th & Oak St
- 610 S 2nd St
- 312 Fairmont Dr
- 437 W Hillcrest Dr
- 124 E Lincoln Hwy
- 408 Oak St
- 200 S 4th St
- 1001 W Lincoln Hwy
- 911 N 9th St
- 900 Crane Dr
- 1004 W Lincoln Hwy
- 1015 Market St
- 1015 Market St
- 1015 Market St
- 1015 Market St
- 688 Fox Hollow
- 1100 W Lincoln Hwy
- 352 Deerpath Ln E
- 722 N Annie Glidden Rd
- 829 W Taylor St
- 924 Greenbrier Rd
- 1307 W Lincoln Hwy
- 809 Edgebrook Dr
- 1110 Varsity Blvd