832 N 11th Street, DeKalb, IL 60115

$187,000
  • 832 N 11th Street, DeKalb, IL 60115 Main Photo

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New to the Market New
BEDS6 BATHS2 full MLS#12753785
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 428

Property Description

SAVVY INVESTORS, TAKE NOTE! This well-maintained and conveniently located 2-unit duplex offers flexibility that you don't always find in an investment property: Live in one unit and rent the other. Rent both units. Maintain private use of the oversized 2-car garage, or rent the garage separately for additional monthly income. The options are endless here! Since the property is currently vacant, the next owner has the opportunity to bring rents to market value and maximize the property's income potential from day one. With its lower taxes, this opportunity isn't simply about today's rental income. It's about building long-term value and creating multiple ways to maximize the property over time. Both units feature their own private entrance, private basement, in-unit laundry (not shared) and separate electric meters, with very little shared wall space between them. Each unit offers a spacious living room, separate dining room and fully applianced kitchen, plus three bedrooms and a full bath upstairs. Hardwood floors add character throughout, while two separate decks overlook the large backyard. The current owners have made significant improvements during their ownership, giving the next owner a solid foundation to build on. Both water heaters were replaced in Sept 2019. Electrical was updated from fuse boxes to circuit breakers and the kitchen in the south apartment was refreshed in Dec 2019. Both back doors were replaced in Feb 2020. New copper pipes, PVC waste lines and venting installed in March 2020. The south apartment bath was also gutted to the studs in March 2020, with all electrical rewired and new insulation and venting added, along with a new toilet, vanity and medicine cabinet. Stairs to the basement in the south apartment were rebuilt in April 2020. The kitchen in the north apartment was refreshed in May 2020. A/C was added to both units in June 2020. Located on a quiet street near Littlejohn Elementary School and with convenient access to shopping and I-88, this is an investment that makes sense from both a cash-flow and long-term ownership perspective. The opportunity is definitely here. Come claim it before another smart investor does!

832 N 11th Street | MLS# 12753785

This multi-family property located at 832 N 11th Street, DeKalb, IL 60115 is currently listed for sale with an asking price of $187,000. N 11th Street is located within the District 428 school district. Search Dekalb real estate on www.dickersonnieman.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Full
Garage: 2
Heating: Natural Gas, Forced Air
Lot Size: 0.16 Acres
Roof Type: Asphalt
Taxes: $5,572
Year Built: 1930

Feature Descriptions

Additional Structures: Garage Faces Front
Exterior: Frame
Lot Dimensions: 45x150
Other Equipment: Ceiling Fan(s)
Parcel#: 0814458005
Parking: Garage Door Opener, Yes, Garage Owned, Detached, Driveway, Garage Faces Front, Owned, Garage
Sewer: Public Sewer
Total Rooms: 14
Township: DeKalb
Water: Public

Local Schools

High School: De Kalb High School
Middle School: Clinton Rosette Middle School
Elementary School: Littlejohn Elementary School
School District: District 428

Listed By / Shown By

Listed By

Agency Name: Baird & Warner
Agency Phone: 630-778-1855

Shown By

Agency Title: Dickerson & Nieman Realtors
Agency Phone: 815-227-5900

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Estimated Payment

$ 935.06 per month $416.18 Principal & Interest $464.33 Property Tax $54.54 Homeowner's Insurance

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