Kimberly Apartments Multi-Family FOR SALE


Dekalb, IL
$6,400,000 USD
224-627-1295
, Dekalb, IL for Sale
$6,400,000 USD
Multi-Family - FOR SALE
1/8
null | 7.01% Cap Rate

Kimberly Apartments
Dekalb, IL


HIGHLIGHTS

  • Auto Rent Renewals already in place for 2025
  • 7 Townhome Style Units
  • Clean, Exceptionally Maintained Units
  • Attractive Price/Unit: $75,294 — positioned for continued rental growth
  • In-Place Auto Renewal NOI: $504,284
  • Projected Pro Forma NOI: $670,784 — strong value-add opportunity

OVERVIEW

Current NOI: $448,784 with significant upside Pro Forma Cap Rate: 10.48% In-Place NOI: $504,284 — with automatic rent renewals already secured Projected Pro Forma NOI: $670,784 — strong value-add opportunity Attractive Price/Unit: $75,294 — positioned for continued rental growth Prime Location: Near major highways, retail, and top employment hubs Strategic Proximity: Minutes to Northern Illinois University (NIU), Meta campus, and Kraft Heinz distribution center

ASK ABOUT THIS PROPERTY

Anthony MunozListing Leaders NWMore Info
224-627-1295

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Anthony MunozListing Leaders NWMore Info
224-627-1295

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