Address
918 Kimberly Drive, DeKalb, IL
Price
$ 650,000
Property Attributes
  • MLS#12603135
  • TypeMulti-Family
  • Listing Status Active
  • CountyDEKALB
  • CityDeKalb
  • AreaDe Kalb
  • Zip60115
  • StyleLegal Non Conforming,Special Use
  • Year Built1969
  • Taxes$ 16000
  • Price$ 650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.280946 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Unique opportunity to acquire a sorority-leased property in the highly sought-after NIU Greek housing market, where supply remains limited and demand continues to grow. This 2-story masonry building with an English basement features approximately 20 rooms and is configured to support sorority operations, including communal bathrooms, chapter rooms, study areas, dining facilities, and a commercial kitchen. Recent improvements include a new roof (2024), fire suppression system, and security systems. The site also includes a 16-car parking lot, providing added convenience for residents. This is part of a Portfolio.

Price History
3/27/2026 Listed $650,000

General Features

Zoning OTHER
Construction Materials Brick
Year Built 1969
Tenant Pays Air Conditioning,Electricity,Heat,Scavenger,Sewer,Other,Hot Water
Stories Count 2
Township DeKalb
Tax Year 2024
Current Use Legal Non Conforming,Special Use,Other
Gross Income 108000
County DeKalb
Net Operating Income 68500
Operating Expense 23500
Property Type Commercial Sale
Status Active
Directions W Hillcrest to Blackhawk to 918 Kimberly
City DeKalb
Number Of Units Total 20
MLS Area De Kalb
Lot Size Square Feet 12238
Tax Annual Amount 16000
Additional Parcels Y/N No
Standard Status Active
Property Type Multi Family 5+

Interior Features

Basement Finished

Exterior Features

Foundation Details Block

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60115

Price
AVG $1.27M
$650K
Taxes
AVG $21,380
$16,000
Year Built
AVG 1963
1969
Visits
AVG 32
43
Data Provided by Inside Real Estate®