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Listed by Melissa Mobile • Hometown Realty Group
$ 290,000
Est. payment /mo
Price Dropped by $25K
336 College Avenue Dekalb, IL 60115
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12424225
Year Built 1895
Annual Tax Amount $7,886
Tax Year 2023
Lot Dimensions 80X170
Property Sub-Type Multi Family 5+
Property Description
The Historic McMurray House presents a rare opportunity to acquire a well-maintained, income-producing property in a strong rental market. This well-maintained, income-producing property features five rental units: four 1-bedroom apartments and one 4-bedroom unit. Four of the five units showcase original hardwood flooring and are in good condition. The property has a strong rental history and appeals to a stable tenant base. Currently, all tenants are graduate students, creating a quiet and reliable environment. Only one unit remains available for the upcoming school year. Recent capital improvements include a new roof installed in Fall 2024. On-site coin-operated laundry provides additional income potential. Located in a desirable area with consistent rental demand, the McMurray House is a solid addition to any investment portfolio.
Location
State IL
County Dekalb
Zoning MULTI
Rooms
Basement Unfinished
Interior
Fireplace N
Exterior
View Y/N true
Roof Type Composition
Building
Foundation Stone
Structure Type Wood,Frame
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