Motivated owner looking to move out of state. Listed at 13.41 Cap, 38.66% CASH ON CASH RETURN! Don't miss this opportunity! 24 Bedroom Multi Family/Boarding House (48 Occupancy). Cinder block construction. HUGE Cash Flow, Listed well under replacement cost. Fully remodeled, Newer Mechanicals (Boiler replaced 2009, 100 gal commercial water heater 2015). Long list of Upgrades and Investments! 5 year Group contract in place (4 years remaining) with existing tenant (One check per month for all 24 rooms!). In the Heart of Greek Row just blocks from the NIU Campus. .25 AC, 15 Parking Spaces, Built 1969. Property is well maintained and just had a new GACO Liquid Roof Installed in December. Significant capital investment has been put into the building over past 3-4 years. Additional information, list of upgrades, offering memo, financials, and comps available upon request.
Off market
$839,300
917 Greenbrier Rd, Dekalb, IL 60115
24beds
10,236sqft
MultiFamily
Built in 1970
-- sqft lot
$839,300 Zestimate®
$82/sqft
$1,315 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Heating
- Baseboard, Heat pump, Gas
Cooling
- Wall
Appliances
- Included: Freezer, Microwave, Range / Oven, Refrigerator
Features
- Flooring: Tile
- Basement: Finished
- Has fireplace: No
Interior area
- Total interior livable area: 10,236 sqft
Property
Parking
- Total spaces: 15
- Parking features: Off-street, On-street
Features
- Exterior features: Brick, Cement / Concrete
Lot
- Size: 0.26 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1970
Community & neighborhood
Location
- Region: Dekalb
Services availability

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