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Listing provided courtesy of Weichert REALTORS Signature ProfessionalsMREDas Distributed by MLSGrid- MLS# 12559596MLS Provider

204 W Locust StreetDeKalb, IL 60115

Multi-Family · 5 Beds
$299,900 Active

204 W Locust Street Overview

Time on Site:
147 days
Visits:
0

Looking to build your portfolio? This 3 unit near Downtown Dekalb and close to NIU is your opportunity. Fully rented with long term tenants and positive cash flow. 2 car detached garage and extra parking spaces next to the garage with nearby street parking. Tenants pay all utilities. Ideal for investors or an owner-occupant looking for affordable living and steady cash flow. Located just minutes from Northern Illinois University, Downtown DeKalb, restaurants, shopping, bus routes, and major roads, including Annie Glidden Rd and Lincoln Hwy. Currently professionally managed with a local company.

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204 W Locust Street Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 428

Income/Expenses

  • Gross Income: 3050
  • Insurance Expense: 2183

Building Information

  • New Construction: No

Location/Region

  • County Or Parish: DeKalb
  • MLS Area Major: De Kalb
  • Township: DeKalb

Tax Information

  • Tax Annual Amount: $6,684.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 0822278010
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 3
  • Bedrooms Total: 5
  • Bedrooms Possible: 5
  • Full Baths Building: 3

General Information

  • Basement: Finished, Full
  • Heating: Natural Gas, Forced Air
  • Rooms Total: 12

Exterior

Parking Information

  • Parking Features: Yes, Detached, Garage
  • Parking Total: 2

Lot Information

  • Lot Size Dimensions: 66X155
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Vinyl Siding

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 800
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 1000
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 1350
  • Beds Total: 2
  • Baths Total: 1

204 W Locust Street Neighborhood

Community

60115 (DEKALB) Demographics

26
Median Age
557
Population Density (per sq. mile)
48%
College Educated
$45,480
Estimated Median Income
6,923
Estimated Total Home Owners
9,882
Estimated Total Renters
41% / 59%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

204 W Locust Street Monthly Cost

$
$ %
%
$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

204 W Locust Street Market Data

Based on the last 30 days in this zip code

$340,348
Average List Price
$178
Average Price per Square Foot
36
Properties Sold
39
Average Days on Market
69
Properties for Sale
Calculations provided by Reliance Network

204 W Locust Street History

Date Event Value Agent
5/17/2026Source: MRED Status Change
Active
5/12/2026Source: MRED Status Change
Re-activated
5/5/2026Source: MRED Status Change
Contingent
4/12/2026Source: MRED Status Change
Active
4/7/2026Source: MRED Status Change
Re-activated
3/7/2026Source: MRED Status Change
Contingent
3/3/2026Source: MRED Status Change
Active
2/26/2026Source: MRED Status Change
Re-activated
2/16/2026Source: MRED Status Change
Contingent
2/7/2026Source: MRED Status Change
Active
2/2/2026Source: MRED Added to Database
February 02, 2026