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Off market
  • $308,800

    305 College Ave, Dekalb, IL 60115

    --beds
    0baths
    --sqft
    Multi Family
    Built in 1903
    -- sqft lot
    $308,800 Zestimate®
    $--/sqft
    $1,163 Estimated rent

    Home value

    $308,800

    $266,000 - $352,000

    $1,163/mo

    Zestimate® history
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    $1,163/mo

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    $1,163/mo

    Rent Zestimate®

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    $2,280/mo

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    $2,280/mo

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    What's special

    Welcome to a prime investment opportunity that offers both stability and comfort. This spacious rooming house boasts 11 units, each meticulously maintained and thoughtfully updated, making it an ideal addition to your investment portfolio. With 2 brand new furnaces (2023) ensuring efficient heating, fresh paint giving the property a rejuvenated look, and a new deck for added outdoor enjoyment, this rooming house is move-in ready for both you and your tenants. Each unit is well-appointed, providing tenants with comfortable living spaces that are highly attractive to renters. Historically, the property has experienced low vacancy rates, a testament to its appeal in the market. Rooming houses remain a sought-after housing option, and this property's updates ensure it meets the demands of modern renters. Seize the opportunity to add this turnkey rooming house to your investment portfolio. Schedule a viewing and discover the potential of this updated and income-generating property. Additional properties in MLS for consideration of package sale.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: Coldwell Banker Real Estate Group,MLS#: 11901218MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total structure area: 0

    Property

    Details
    • Parcel number: 0822231012

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1903

    Community & HOA

    Location
    • Region: Dekalb

    Financial & listing details

    • Tax assessed value: $271,668
    • Annual tax amount: $7,214
    • Date on market: 10/5/2023
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    11/30/2023Listing removed$349,000
    Source: Coldwell Banker Real Estate Group #11901218 Report a problem
    10/5/2023Listed for sale$349,000+57.2%
    Source: Coldwell Banker Real Estate Group #11901218 Report a problem
    1/29/2010Sold$222,000-10.8%
    Source: MRED as distributed by MLS GRID #07256263 Report a problem
    10/10/2009Listing removed$249,000
    Source: Century 21 Elsner #07256263 Report a problem
    7/3/2009Listed for sale$249,000+32.4%
    Source: CENTURY 21 Elsner Realty #21D2410 Report a problem
    9/19/2006Sold$188,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,214 -2.1%$90,556 +15.7%
    2023$7,370 +2%$78,293 +9.5%
    2022$7,224 -2.6%$71,481 +6.6%
    2021$7,419 -2.2%$67,043 +1.6%
    2020$7,587 +2%$65,974 +4.1%
    2019$7,438 +2.4%$63,381 +3.5%
    2018$7,262 -0.9%$61,232 +4%
    2017$7,331 +1.1%$58,860 +2.6%
    2016$7,250 $57,374 +5.5%
    2015-- $54,362 +7.9%
    2014-- $50,392 -4.8%
    2013-- $52,933 -8.9%
    2012-- $58,124 -9%
    2011-- $63,851 -5.3%
    2010-- $67,390 -6.1%
    2009-- $71,752 +1.5%
    2008-- $70,691 +3.1%
    2007-- $68,552 +9.1%
    2006-- $62,839
    Find assessor info on the county website

    Neighborhood: North 5th Ward

    Nearby schools

    GreatSchools rating
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