810 Kimberly Dr - Apartments FOR SALE


Dekalb, IL 60115
$6,300,000 USD
224-401-9152
810 Kimberly Dr, Dekalb, IL for Sale
$6,300,000 USD
Apartments - FOR SALE
1/1
null | 6.93% Cap Rate

810 Kimberly Dr
Dekalb, IL 60115


HIGHLIGHTS

  • Value add
  • 8.62% Proforma Cap Rate
  • Well Maintained Units

OVERVIEW

Kimberly Apartments offers investors a rare chance to acquire an 85-unit, value-add multifamily asset in the DeKalb market—just minutes from Northern Illinois University, the upcoming Meta (Facebook) data center, and the new Kraft Heinz distribution hub, both slated for 2025 completion. These major developments are expected to drive sustained population and employment growth, directly increasing rental demand in the area. Prime location near highways, shopping, and employment hubs Minutes to NIU, Meta campus, Kraft Heinz distribution center Kimberly Apartments consists of garden-style apartment buildings at 810 and 820 Kimberly Dr, offering a range of unit configurations and floor plans in a convenient, walkable location close to campus and major local amenities.

FOR SALE DETAILS

PRICE

$6,300,000 USD

PRICE/SF

$145 USD /SF

# OF UNITS

85

PRICE/UNIT

$74,118

CAP RATE

6.93%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kimberly Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

-

APN/PARCEL ID

08-15-177-005,08-15-177-006,08-15-177-007

ASK ABOUT THIS PROPERTY

Joey BatlinerListing Leaders NWMore Info
224-401-9152

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Joey BatlinerListing Leaders NWMore Info
224-401-9152

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