129 E Locust St - Office FOR SALE


Dekalb, IL 60115- Downtown DeKalb
$229,000 USD
630-715-5714
129 E Locust St, Dekalb, IL for Sale
$229,000 USD
Office - FOR SALE
1/33
null | Request Cap Rate

NEW


129 E Locust St
Dekalb, IL 60115
Downtown DeKalb


HIGHLIGHTS

  • Prime Downtown Location steps from restaurants, retail, and City Hall offering excellent accessibility.
  • Income-Producing Advantage with an established office tenant under a new long-term lease.
  • Owner-User Flexibility with 1,230 SF available for immediate occupancy or reconfiguration.
  • Historic Dental Office Setup includes plumbing in place for specialized business use.
  • Full Basement Utility with leasing or storage options and mechanical systems.
  • Easy Multi-Tenant Adaptability with separately metered utilities and potential for three units.

OVERVIEW

This 2,460-square-foot commercial building in the heart of downtown DeKalb presents an outstanding opportunity for an owner-user or investor. Priced at $229,000, the property is currently 50% leased to a long-term office tenant, providing built-in income stability. Approximately 1,230 square feet remain available for immediate occupancy or additional leasing potential, historically utilized as a dental office with existing plumbing infrastructure in place. Flexible configuration options allow for two or three separate units, increasing future income prospects.

FOR SALE DETAILS

PRICE

$229,000 USD

PRICE/SF

$93 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 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 Notice.