908 Greenbrier Road Active

Dekalb,IL 60115

$ 750000

- Bed

- Bath

7464 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 7,464 sqft

Price per Sqft $100

MLS Listing ID 12137644

Year Built 1964

Annual Tax Amount $9,198

Tax Year 2023

Lot Size 0.660 Acres

Lot Dimensions 159X161.40X200X191

Property Description

Welcome to this exceptional Rooming House, ideally located just off the Northern Illinois University (NIU) campus. This expansive 7,500 square foot ranch-style property offers an incredible investment opportunity in the heart of NIU student housing. The property features a 2-bedroom, 1-bathroom apartment situated on one corner, while the other side boasts 20 additional bedrooms. Residents can enjoy a spacious living room, dining room, and kitchen, along with a back porch/Deck for relaxation. The main bathroom is well-equipped with 5 stalls, 4 shower stalls, and 4 sinks. There are also two half baths to accommodate residents. Ample parking is available on-site. Recent upgrades make this property even more appealing. The entire attic has been newly insulated, a sprinkler system has been added, and a fire alarm monitoring system is in place. Safety and security are further enhanced with a 16-camera monitoring system. The property also benefits from a new roof, new flooring throughout most of the common areas and bedrooms, fresh paint throughout, 3 new furnaces, and 2 new forced-air air conditioners. Additional improvements include new gutters, fascia boards, 3 new tankless water heaters, and a remodel of the main bathroom. A new coin-operated stacked washer & dryer, refrigerator, and freezer have also been installed. The kitchen is well-equipped with 2 dishwashers, 2 refrigerators, 2 stoves, and 2 coin-operated washing machines and dryers. Wi-Fi is available throughout the building, ensuring convenience for all residents. The prime location of this property is unbeatable, with a bus stop directly in front and a backyard that backs onto a park. Low comparative taxes ($9,015.80 for 2022 payable in 2023) add to the property's appeal. The property is inspected annually by the Fire Marshal and consistently receives positive remarks, with the next inspection scheduled for August 2024. This Rooming House is a rare find in the heart of NIU, offering both comfort and convenience for students. Don't miss out on this incredible opportunity!

Location

State IL

County Dekalb

Zoning MULTI

Interior

Cooling Central Air

Fireplaces Number 1

Fireplace Y

Exterior

Utilities Available Sanitary Sewer,Sewer-Storm Available,Water-Municipal

View Y/N true

Roof Type Composition

Building

Foundation Concrete Perimeter

Structure Type Wood Frame

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