NOT LISTED FOR SALE

511 Normal Rd de Kalb, IL 60115

1 Bed
36 Baths
555 Sq Ft
1.22 Acres

About This Home

UNDER NEW MANAGEMENT! The Terraces at Dekalb is proud to announce its new ownership and management of properties throughout the Dekalb area. These new and improved properties include completely renovated units, along with updated amenities and a brand new security system. Amenities include on-site laundry, elevated common area spaces, key fob entry, and assigned off-street parking. The Terraces at Dekalb welcomes you to apply for one of our safe and affordable apartments today!Check out our 7 unique property locations:-Lincoln Hwy: 1100 W. Lincoln Hwy-Linden Place: 314 Linden Place-Normal Road: 511 Normal Road-Greenbrier Road: 930-934 Greenbrier Road-Hillcrest Drive: 904 Hillcrest Drive-Russel Road: 836-914 Greenbrier Road, 830 Russell Road-Ridge Drive: 808-832 Ridge Drive, 902-914 W. Ridge Drive, 835 Edgebrook Drive

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2016
Sold by
511 Normal Road Llc
Bought by
Hunter Campus Suites Llc

Purchase Details

Closed on
Feb 26, 2009
Sold by
Dnj Properties Inc
Bought by
511 Normal Rd Llc

Purchase Details

Closed on
Feb 25, 2009
Sold by
Dnj Properties Inc
Bought by
511 Normal Rd Llc

Purchase Details

Closed on
Oct 30, 2007
Sold by
Stratton George S
Bought by
D N J Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,115,175
Interest Rate
6.38%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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 Buyer Sale Price Title Company
Hunter Campus Suites Llc $3,250,000 --
511 Normal Rd Llc -- --
511 Normal Rd Llc -- --
D N J Properties Inc $2,160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terraces At Dekalb Llc $15,575,000
Previous Owner D N J Properties Inc $4,320,000
Previous Owner D N J Properties Inc $2,115,175
Previous Owner Stratton George S $25,000
Previous Owner Stratton George S $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Price Changed $875 +20.7% $2 / Sq Ft
08/08/2023 08/08/23 For Rent $725 0.0% --
06/21/2023 06/21/23 For Rent $725 0.0% --
03/13/2023 03/13/23 Price Changed $725 -6.5% $1 / Sq Ft
02/14/2023 02/14/23 Price Changed $775 -11.4% $1 / Sq Ft
02/04/2023 02/04/23 For Rent $875 -- --

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 $62,586 $762,557 $71,624 $690,933
2023 $62,586 $664,885 $62,450 $602,435
2022 $61,345 $607,034 $71,270 $535,764
2021 $63,004 $569,344 $66,845 $502,499
2020 $64,427 $560,267 $65,779 $494,488
2019 $63,162 $538,252 $63,194 $475,058
2018 $61,674 $520,000 $61,051 $458,949
2017 $69,814 $560,500 $58,686 $501,814
2016 $34,825 $275,581 $57,204 $218,377
2015 -- $251,262 $54,201 $197,061
2014 -- $254,494 $54,898 $199,596
2013 -- $267,326 $57,666 $209,660
Source: Public Records

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