919 Greenbrier Rd - Apartments FOR SALE


Dekalb, IL 60115
$695,000 USD
630-673-4586
919 Greenbrier Rd, Dekalb, IL for Sale
$695,000 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

919 Greenbrier Rd
Dekalb, IL 60115


HIGHLIGHTS

  • 24 units with capacity for up to 48 tenants, ideal for maximizing rental income in a dense student market
  • Each unit includes a full kitchen, multiple bathrooms, and dorm-style living spaces tailored for student renters
  • Located in DeKalb, a growing college town with a robust rental ecosystem, perfect for investors seeking consistent returns
  • Features a spacious basement and 10 on-site parking spaces

OVERVIEW

Exceptional investment opportunity in the heart of Northern Illinois University's student housing market. 919 Greenbrier Road is a 24-unit student living property currently leased by the fraternity SAE, offering immediate cash flow and built-in occupancy. With capacity for up to 48 tenants, this property is ideally structured for high-yield student housing. Each unit is outfitted with essential amenities including a full kitchen, multiple bathrooms, and dorm-style living spaces. A spacious basement and 10 on-site parking spaces add value and convenience. Located steps from Greek Row and within close walking distance to campus, this is a prime location for student renters. A rare, turn-key asset in DeKalb-perfect for investors looking for stable, consistent returns in a thriving college rental market.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$48 USD /SF

# OF UNITS

24

PRICE/UNIT

$28,958

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

PDR

APN/PARCEL ID

08-15-178-014

ASK ABOUT THIS PROPERTY

Kari KohlerColdwell BankerMore Info
630-673-4586

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Kari KohlerColdwell BankerMore Info
630-673-4586

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