129 E Locust St - Office FOR SALE


Dekalb, IL 60115- Downtown DeKalb
$250,000 USD
630-715-5714
129 E Locust St, Dekalb, IL for Sale
$250,000 USD
Office - FOR SALE
1/29
null | Request Cap Rate

NEW


129 E Locust St
Dekalb, IL 60115
Downtown DeKalb


HIGHLIGHTS

  • 1230 sf available for an owner user
  • Own for less than renting - income from established tenant with a fresh lease
  • Unbeatable downtown Dekalb location

OVERVIEW

Own this awesome commercial building for less than renting! Don't miss this owner user or investment opportunity in the best location downtown Dekalb! The building is 50% occupied by an established office tenant with a new long term lease. There is approximately 1230 sf available for an owner to occupy or to put another tenant or two in place. The vacant space has historically been a dentist's office and there is still plumbing in place. The building is currently set up as two units but it can easily be set up as three to create more income potential. There is a full basement of which half has leasing potential. The other half of the basement is primarily storage and mechanicals. Utilities are separately metered for a two unit set up. Only one short block to downtown restaurants, shops and City Hall. Don't miss out. This is the chance that you have been waiting for!

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$102 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Dekalb Office - Retail

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,601 SF

ZONING

CBD

APN/PARCEL ID

08-23-155-012

ASK ABOUT THIS PROPERTY

Charles KirkwoodColdwell BankerMore Info
630-715-5714

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Charles KirkwoodColdwell BankerMore Info
630-715-5714

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.