$449,000
$186K PRICE DROP

900 Greenbrier Rd de Kalb, IL 60115

Estimated payment $3,712/month

Total Views 48,232
-- Bed
-- Bath
9,600 Sq Ft
$47 Price per Sq Ft

Highlights

  • Meeting Room
  • Central Heating
  • Hot Water Heating System

About This Home

Receivership Sale - Vacant former fraternity house on Northern Illinois Campus. Three story building with 28 bedrooms. Shared bathroom/showers on each floor and a full finished basement with a kitchen. Could be continued as student housing or an ideal apartment conversion. Sale subject to court approval

Listing Agent

Brad Thompson

Millennium Properties RE, Inc. License #471013662 Listed on: 04/19/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,781

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 45.68x54.32x160x100x161.4

Home Design

  • Rooming House
  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 9,600 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Exterior Basement Entry

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Hot Water Heating System
  • 120/240V

Community Details

  • 28 Units
  • Meeting Room
  • Other Expense $20,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,781

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Rooming House/SRO
  • Stories: 3
  • Year Built: 1965
  • Built Before 1978 (Y/N): Yes
  • Information: Show-Call Listing Office,Court Approval Required
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Multi-Family, Single Room Occupancy
  • Basement Description: Finished,Exterior Access
  • Fire Protection: Fire Extinguisher/s,Hydrants On Site,Smoke or Fire Protectors
  • Misc Inside: Common Lunchroom/s,Common Meeting Room/s,Inside Corridor/s
  • Fireplaces: 2
  • Drive-In Doors: 0
  • Refrigerators: 2
  • Ranges: 1
  • Number of Windows: 0
  • Number of Washers: 2
  • Room: 1
  • Room: 1
  • Room: 0

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • List Price: 449000
  • Roof: Composition
  • Exterior Building Type: Brick
  • Misc Outside: Fire Escape,Security Lighting,Security System,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 19-30 Spaces,Fee Parking,Lighted,Paved,Private Lot

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers, Power - 120V
  • Utilities: Sanitary Sewer, Water-Community
  • Heat/Ventilation: Central Bldg Heat,Hot Water
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 45.68X54.32X160X100X161.4
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Sewer
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 9600

Multi Family

  • NumberOfUnitsTotal: 28
  • Expense Year: 2022
  • Type Multi-Family: Rooming House/SRO

Tax Info

  • Tax Annual Amount: 14781
  • Tax Year: 2021

Map

Range of Values:

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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 $14,684 $178,908 $30,989 $147,919
2023 $14,684 $155,993 $27,020 $128,973
2022 $14,393 $142,420 $30,836 $111,584
2021 $14,782 $133,577 $28,921 $104,656
2020 $15,116 $131,448 $28,460 $102,988
2019 $14,819 $126,283 $27,342 $98,941
2018 $14,470 $122,001 $26,415 $95,586
2017 $14,607 $117,275 $25,392 $91,883
2016 $14,446 $114,314 $24,751 $89,563
2015 $13,199 $104,273 $23,452 $80,821
2014 $13,199 $105,615 $23,754 $81,861
2013 $13,199 $110,940 $24,952 $85,988
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Price Changed $449,000 -12.0% $47 / Sq Ft
08/12/2024 08/12/24 Price Changed $510,000 -11.3% $53 / Sq Ft
12/20/2023 12/20/23 For Sale $575,000 0.0% $60 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/16/2023 08/16/23 Price Changed $575,000 -9.4% $60 / Sq Ft
04/19/2023 04/19/23 For Sale $635,000 -- $66 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $390,000 None Listed On Document
Special Warranty Deed $745,000 Wheatland Title Guaranty
Warranty Deed $750,000 --
Warranty Deed $350,000 --
Warranty Deed $298,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $521,000 Commercial
Previous Owner $525,000 Stand Alone First
Previous Owner $350,000 Commercial
Previous Owner $157,500 Commercial
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 11762908

Midwest Real Estate Data (MRED)

APN: 08-15-152-010