INVESTMENT OPPORTUNITY-SOLID TWO-UNIT MASONRY BUILDING. Well Maintained solid masonry two-story, two unit property offering strong rental income potential in a desirable location. The first floor unit features a spacious one-bedroom layout with a large living room, separate parlor, kitchen and full bath. Additional amenities include basement with washer / dryer, an attached one-car garage and a fenced backyard. This unit rents for $1,400 per month. The second-floor unit offers two generous bedrooms, a large living room, an oversized eat-in kitchen, a full bath and the convenience of an in-unit washer and dryer, and rents for $1,100 per month. Utilities are separate and tenants pay for gas and electric. The property's attractive location, functional floor plans and desirable amenities make it an excellent opportunity to own a well-maintained income producing property with long-term investment potential.
Re-activated
$325,000
131 S 7th St, Dekalb, IL 60115
3beds
--sqft
Multi Family
Built in 1905
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Fenced backyardTwo generous bedroomsSpacious one-bedroom layoutAttached one-car garageIn-unit washer and dryerSeparate parlorOversized eat-in kitchen
- 25 days |
- 758 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Karyn Dulin, ABR,GRI,SRES 815-751-8272,
Great Western Properties
Source: MRED as distributed by MLS GRID,MLS#: 12665866
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Bath/Stubbed,Full
Property
Parking
- Total spaces: 1
- Parking features: Garage Door Opener, Yes, Garage Owned, Attached, Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Fencing: Fenced
Lot
- Size: 6,240 Square Feet
- Dimensions: 65x96
- Features: Corner Lot
Details
- Parcel number: 0823334010
- Zoning: SINGL
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Dekalb
Financial & listing details
- Tax assessed value: $216,036
- Annual tax amount: $6,229
- Date on market: 6/13/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Listed for sale | $325,000 |
Source:  MRED as distributed by MLS GRID #12665866 Report a problem | ||
| 6/29/2026 | Contingent | $325,000 |
Source: MRED as distributed by MLS GRID #12665866 Report a problem | ||
| 6/13/2026 | Listed for sale | $325,000+140.7% |
Source: MRED as distributed by MLS GRID #12665866 Report a problem | ||
| 1/12/2012 | Sold | $135,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,737 -2.9% | $72,012 +14.7% |
| 2023 | $5,910 +2% | $62,788 +9.5% |
| 2022 | $5,793 -2.6% | $57,325 +6.6% |
| 2021 | $5,950 -2.2% | $53,766 +1.6% |
| 2020 | $6,084 +2% | $52,909 +4.1% |
| 2019 | $5,965 +2.4% | $50,830 +3.5% |
| 2018 | $5,824 -0.9% | $49,106 +4% |
| 2017 | $5,880 +1.1% | $47,204 +2.6% |
| 2016 | $5,815 | $46,012 +5.5% |
| 2015 | -- | $43,597 -1.2% |
| 2014 | -- | $44,147 -4.8% |
| 2013 | -- | $46,373 -8.9% |
| 2012 | -- | $50,920 -9% |
| 2011 | -- | $55,938 -5.4% |
| 2010 | -- | $59,151 -6.1% |
| 2009 | -- | $62,981 +1.5% |
| 2008 | -- | $62,051 +3.1% |
| 2007 | -- | $60,174 +16.5% |
| 2006 | -- | $51,659 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 60115
Nearby schools
GreatSchools rating
- 3/10Founders Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Huntley Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10De Kalb High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- District: 428
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- DeKalb County
- Dekalb
- 60115
- 131 S 7th St
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