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.
Active
Price cut: $10K (8/4)
$315,000
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
- 72 days |
- 613 |
- 32 |
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
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 |
|---|---|---|
| 8/4/2026 | Price change | $315,000-3.1% |
Source:  MRED as distributed by MLS GRID #12665866 Report a problem | ||
| 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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
- $194,000-- bd-- ba-- sqft125 S 7th St, Dekalb, IL 60115Off Market
- $160,900-- bd-- ba-- sqft621 Grove St, Dekalb, IL 60115Off Market
- $32,316-- bd-- ba-- sqftGirard St, Dekalb, IL 60115Off Market
- $268,000-- bd-- ba-- sqft117 S 7th St, Dekalb, IL 60115Off Market
- $277,1003 bd2 ba2.3k sqft630 Grove St, Dekalb, IL 60115Off Market
- $13,170-- bd-- ba-- sqft624 Girard St, Dekalb, IL 60115Off Market
- $206,800-- bd-- ba-- sqft624 Grove St, Dekalb, IL 60115Off Market
- $233,6003 bd3 ba2k sqft132 S 7th St, Dekalb, IL 60115Off Market
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.
Similar homes
- $232,5004 bd3 ba1.7k sqft324 S 7th St, Dekalb, IL 60115New
MLS ID #12739595, Rorry Skora, RE/MAX Experience. MRED as distributed by MLS GRID - $299,9003 bd2 ba1.5k sqft216 Fairmont Dr, Dekalb, IL 60115Active
MLS ID #12727155, Melissa Mobile, Hometown Realty Group. MRED as distributed by MLS GRID - $245,0003 bd2 ba1.1k sqft309 E Sunset Pl, Dekalb, IL 60115New
MLS ID #12724246, Barbara Retondo, Elm Street REALTORS. MRED as distributed by MLS GRID - $375,0004 bd4 ba1.5k sqft752 Kensington Blvd, Dekalb, IL 60115New
MLS ID #12739975, Nathan Gudmunson, Coldwell Banker Real Estate Group. MRED as distributed by MLS GRID - $349,0004 bd3 ba2.2k sqft499 Kensington Ct, Dekalb, IL 60115ActiveMLS ID #12733007, Ryan Cherney, Circle One Realty. MRED as distributed by MLS GRID
- $315,0004 bd2 ba1.7k sqft121 Oak Dr, Dekalb, IL 60115ActiveMLS ID #12709907, Susan Edwards, CRS, Real People Realty. MRED as distributed by MLS GRID
- $365,0004 bd3 ba2.3k sqft354 Settler Rd, Dekalb, IL 60115NewMLS ID #12738184, Mary C Olson, CNC,GRI, RE/MAX Suburban. MRED as distributed by MLS GRID
- $340,0003 bd3 ba2.2k sqft1264 Bellevue Dr, Dekalb, IL 60115Price ChangeMLS ID #12708311, Rorry Skora, RE/MAX Experience. MRED as distributed by MLS GRID
- $256,0003 bd2 ba1.7k sqft739 N 11th St, Dekalb, IL 60115Price ChangeMLS ID #12701500, Patty Tallitsch, Jean Smith Realty. MRED as distributed by MLS GRID
- $369,0004 bd3 ba3.3k sqft2230 N 1st St, Dekalb, IL 60115ActiveMLS ID #12697016, Michelle Ohlinger, American Realty Illinois LLC. MRED as distributed by MLS GRID
- $375,0003 bd3 ba2k sqft673 Bayfield Dr, Dekalb, IL 60115ActiveMLS ID #12704047, Jayne Menne, Willow Real Estate, Inc. MRED as distributed by MLS GRID
- $350,0003 bd3 ba2.2k sqft1263 Bellevue Dr, Dekalb, IL 60115ActiveMLS ID #12668906, Jayne Menne, Willow Real Estate, Inc. MRED as distributed by MLS GRID
- $335,0002 bd2 ba1.5k sqft533 Brant Cir #533, Dekalb, IL 60115ActiveMLS ID #12690352, Kasey Zeimet, American Realty Illinois LLC. MRED as distributed by MLS GRID
- $368,9004 bd3 ba3.4k sqft3464 Basswood Ln, Dekalb, IL 60115For SaleMLS ID #202604859, Erin Spence. NorthWest Illinois Alliance of REALTORS®
- $397,5004 bd3 ba2.6k sqft3028 Wedgewood Dr, Dekalb, IL 60115ActiveMLS ID #12714449, Jackie Theisen, @properties Christie's International Real Estate. MRED as distributed by MLS GRID
- $349,9003 bd3 ba-- sqft113 Andresen Ct, Dekalb, IL 60115ActiveMLS ID #12615566, Carrie Ottum, Weichert REALTORS Signature Professionals. MRED as distributed by MLS GRID
- $235,0002 bd1 ba832 sqft718 Haish Blvd, Dekalb, IL 60115Price ChangeMLS ID #12729027, Kristine Brown, Coldwell Banker Real Estate Group. MRED as distributed by MLS GRID
- $360,0003 bd2 ba1.8k sqft209 Alfred Dr, Sycamore, IL 60178NewMLS ID #12739262, James DuMont, Baird & Warner Fox Valley - Geneva. MRED as distributed by MLS GRID
- $240,0002 bd3 ba1.3k sqft1548 Grand Dr Unit 6, Dekalb, IL 60115ActiveMLS ID #12726396, William Finfrock, Redfin Corporation. MRED as distributed by MLS GRID
- $310,0004 bd2 ba2k sqft230 Somonauk St, Sycamore, IL 60178Price ChangeMLS ID #12714584, Heide Greiff, ABR, Coldwell Banker Real Estate Group. MRED as distributed by MLS GRID
