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Off market
  • $289,300

    305 College Ave, Dekalb, IL 60115

    --beds
    0baths
    --sqft
    Multi Family
    Built in 1903
    -- sqft lot
    $289,300 Zestimate®
    $--/sqft
    $1,145 Estimated rent

    What's special

    Welcome to a prime investment opportunity that offers both stability and comfort. This spacious rooming house boasts 11 units, each meticulously maintained and thoughtfully updated, making it an ideal addition to your investment portfolio. With 2 brand new furnaces (2023) ensuring efficient heating, fresh paint giving the property a rejuvenated look, and a new deck for added outdoor enjoyment, this rooming house is move-in ready for both you and your tenants. Each unit is well-appointed, providing tenants with comfortable living spaces that are highly attractive to renters. Historically, the property has experienced low vacancy rates, a testament to its appeal in the market. Rooming houses remain a sought-after housing option, and this property's updates ensure it meets the demands of modern renters. Seize the opportunity to add this turnkey rooming house to your investment portfolio. Schedule a viewing and discover the potential of this updated and income-generating property. Additional properties in MLS for consideration of package sale.

    Zillow last checked: July 27, 2025 at 12:00am

    Source: Coldwell Banker Real Estate Group,MLS#: 11901218MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total structure area: 0

    Property

    Details
    • Parcel number: 0822231012

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1903

    Community & neighborhood

    Location
    • Region: Dekalb
    Services availability
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    An equal housing lender. NMLS #10287.