$230,000
PENDING

416 College Ave Dekalb, IL 60115

Estimated payment $1,676/month

Total Views 45,058
5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Hot Property
  • Traditional Architecture
  • Paved or Partially Paved Lot

About This Home

2 unit for investors this property offers the potential for steady rental income due to its proximity to NIU and downtown the location is highly desirable for tenants, and the potential to convert back into a single -family home makes it a future-proof investment. Full unfinished basement is great for storage and host a coin laundry. Large yard in the historical Ellwood District. The layout offers significant for a seamless transformation into a single-family residence.

Listing Agent

Linda Swenson

Century 21 Circle License #475128581 Listed on: 07/26/2025

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,594

Lot Details

  • Lot Dimensions are 55 x 175
  • Paved or Partially Paved Lot

Home Design

  • Traditional Architecture
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • On-Street Parking
  • Parking Included in Price

Schools

  • Clinton Rosette Middle School

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,594

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Other
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Side Apron, On Site, Owned
  • ParkingTotal: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved
  • Conversion YN: Y

Schools

  • Middle/Junior School: Clinton Rosette Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 55 X 175
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5594
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Map

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

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 $5,763 $70,221 $8,987 $61,234
2023 $5,763 $61,227 $7,836 $53,391
2022 $5,649 $55,900 $8,943 $46,957
2021 $5,802 $52,429 $8,388 $44,041
2020 $5,933 $51,593 $8,254 $43,339
2019 $6,144 $52,361 $7,930 $44,431
2018 $6,000 $50,585 $7,661 $42,924
2017 $6,057 $48,625 $7,364 $41,261
2016 $5,990 $47,397 $7,178 $40,219
2015 -- $44,909 $6,801 $38,108
2014 -- $45,486 $9,840 $35,646
2013 -- $47,779 $10,336 $37,443
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2025 09/05/25 Pending -- -- --
07/26/2025 07/26/25 For Sale $230,000 0.0% --
09/04/2024 09/04/24 For Rent $1,125 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $142,500 --
Warranty Deed $142,500 --
Warranty Deed $139,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $108,500 New Conventional
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12430939

Midwest Real Estate Data (MRED)

APN: 08-22-232-021