336 College Avenue, Dekalb, IL 60115

Commercial Property
Built in 1895
0.31acre lot
—— car garage
$——/sqft
Listed 7 days ago

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.

Listing Status:: Active
Listing Office:: Hometown Realty Group : 815-501-4011
Listing Agent:: Melissa Mobile : 815-501-4011
MLS ID:: 12424225

Basement: Unfinished

This listing courtesy of Melissa Mobile, Hometown Realty Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Founders Elementary School

821 S 7th St, Dekalb, IL, 60115

Grades KG-5

0.92 miles away

Clinton Rosette Middle School

650 N 1st St, Dekalb, IL, 60115

Grades 6-8

0.45 miles away

DeKalb High School

501 W Dresser Rd, Dekalb, IL, 60115

Grades 9-12

1.47 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.