Looking to build your portfolio? This 3 unit near Downtown Dekalb and close to NIU is your opportunity. Fully rented with long term tenants and positive cash flow. 2 car detached garage and extra parking spaces next to the garage with nearby street parking. Tenants pay all utilities. Ideal for investors or an owner-occupant looking for affordable living and steady cash flow. Located just minutes from Northern Illinois University, Downtown DeKalb, restaurants, shopping, bus routes, and major roads, including Annie Glidden Rd and Lincoln Hwy. Currently professionally managed with a local company.
Closed
$280,000
204 W Locust St, Dekalb, IL 60115
5beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$1,296 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,296/mo
Zestimate® history
Owner options
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$2,078/mo
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Nearby street parking
Zillow last checked:
Listing updated:
Listed by:
Zachary Ottum 815-762-4852,
Weichert REALTORS Signature Professionals
Bought with:
Kenneth Carn
Digital Realty
Source: MRED as distributed by MLS GRID,MLS#: 12559596
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Yes, Detached, Garage
- Garage spaces: 2
Lot
- Size: 10,230 Square Feet
- Dimensions: 66X155
Details
- Parcel number: 0822278010
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Dekalb
Financial & listing details
- Tax assessed value: $251,715
- Annual tax amount: $6,684
- Date on market: 2/2/2026
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Sold | $280,000-6.6% |
Source:  MRED as distributed by MLS GRID #12559596 Report a problem | ||
| 7/27/2026 | Contingent | $299,900 |
Source: MRED as distributed by MLS GRID #12559596 Report a problem | ||
| 5/12/2026 | Listed for sale | $299,900 |
Source: MRED as distributed by MLS GRID #12559596 Report a problem | ||
| 5/6/2026 | Contingent | $299,900 |
Source: MRED as distributed by MLS GRID #12559596 Report a problem | ||
| 4/8/2026 | Listed for sale | $299,900 |
Source: MRED as distributed by MLS GRID #12559596 Report a problem | ||
| 3/8/2026 | Contingent | $299,900 |
Source: MRED as distributed by MLS GRID #12559596 Report a problem | ||
| 2/27/2026 | Listed for sale | $299,900 |
Source: MRED as distributed by MLS GRID #12559596 Report a problem | ||
| 2/16/2026 | Contingent | $299,900 |
Source: MRED as distributed by MLS GRID #12559596 Report a problem | ||
| 2/2/2026 | Listed for sale | $299,900+139.9% |
Source: MRED as distributed by MLS GRID #12559596 Report a problem | ||
| 3/15/2002 | Sold | $125,000 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,685 -2.9% | $83,905 +14.7% |
| 2023 | $6,886 +2% | $73,158 +9.5% |
| 2022 | $6,750 -2.6% | $66,793 +6.6% |
| 2021 | $6,933 -2.2% | $62,646 +1.6% |
| 2020 | $7,089 +2% | $61,648 +4.1% |
| 2019 | $6,950 +2.4% | $59,226 +3.5% |
| 2018 | $6,786 -0.9% | $57,217 +4% |
| 2017 | $6,851 +1.1% | $55,000 +2.6% |
| 2016 | $6,775 | $53,611 +5.5% |
| 2015 | -- | $50,797 -1.3% |
| 2014 | -- | $51,451 -4.8% |
| 2013 | -- | $54,045 -8.9% |
| 2012 | -- | $59,344 -9% |
| 2011 | -- | $65,191 -5.4% |
| 2010 | -- | $68,894 -6.1% |
| 2009 | -- | $73,354 +1.5% |
| 2008 | -- | $72,270 +3.1% |
| 2007 | -- | $70,083 +12.5% |
| 2006 | -- | $62,283 |
Find assessor info on the county website
Neighborhood: North 5th Ward
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Nearby schools
GreatSchools rating
- 7/10Jefferson Elementary SchoolGrades: K-5Distance: 1.2 mi
- 2/10Clinton Rosette Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10De Kalb High SchoolGrades: 9-12Distance: 1.5 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.
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- Illinois
- DeKalb County
- Dekalb
- 60115
- North 5th Ward
- 204 W Locust St
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