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.
Active
$299,900
204 W Locust St, Dekalb, IL 60115
5beds
--sqft
Multi Family
Built in ----
-- sqft lot
$291,000 Zestimate®
$--/sqft
$-- HOA
What's special
Nearby street parking
- 149 days |
- 668 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Zachary Ottum 815-762-4852,
Weichert REALTORS Signature Professionals
Source: MRED as distributed by MLS GRID,MLS#: 12559596
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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
- Ownership: Fee Simple
Estimated market value
$291,000
$276,000 - $306,000
$1,967/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listed for sale | $299,900 |
Source: | ||
| 5/6/2026 | Contingent | $299,900 |
Source: | ||
| 4/8/2026 | Listed for sale | $299,900 |
Source: | ||
| 3/8/2026 | Contingent | $299,900 |
Source: | ||
| 2/27/2026 | Listed for sale | $299,900 |
Source: | ||
| 2/16/2026 | Contingent | $299,900 |
Source: | ||
| 2/2/2026 | Listed for sale | $299,900+139.9% |
Source: | ||
| 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 | -- | $62,283 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: North 5th Ward
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.
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
- North 5th Ward
- 204 W Locust St





