DeKalb, IL 60115 226 W Locust Street

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Presented By: 815 Property
  • MLS# 12474657
  • 09/17/2025
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  • Beds • 2

Home Details

Step into this three-story residence located in the heart of the DeKalb Historic District, currently licensed by the City of DeKalb as a 7-bedroom rooming house. Featuring original woodwork, large rooms, three full bathrooms, and two kitchens, this property offers both charm and versatility. The basement includes laundry facilities, and the third floor holds potential for a studio apartment conversion. Recent updates include a new deck and stairs at the back of the property, plus off-street parking for tenants-a rare find in this walkable area. Within minutes of Northern Illinois University and Downtown DeKalb, residents enjoy easy access to dining, shops, and entertainment, including the iconic Egyptian Theatre. Property Highlights: 7 Bedrooms | 3 Full Bathrooms | 2 Kitchens Licensed rooming house with established rental income Potential studio apartment on 3rd floor Off-street parking and new rear deck/stairs Walkable to NIU & Downtown DeKalb
Presented By: 815 Property

General for 226 W Locust Street

Additional Parcels Y/NNo
CityDeKalb
CountyDeKalb
DirectionsHeading south on N 1st st turn right onto Locust st your home will be on the left side of the street.
Electric Expense1913
Fuel Expense1913
Gross Income35487
Insurance Expense845
MLS AreaDe Kalb
MaintenanceExpense4895
ModificationTimestamp2025-10-07T18:39:02.173Z
Net Operating Income12206
Number Of Units Total7
Operating Expense23281
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount5886
Tax Year2023
Trash Expense997
Water Sewer Expense997
Year Built1950

Exterior for 226 W Locust Street

Lot Dimensions35.02 X 20 X 210+ X 34.90 X 220+

Additional Details

Price History

Client Care

Price $239,000
MLS#12474657
List Date 09/17/2025
Property Type Multi-Family
Phone 847.485.2500
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