217 S 3rd St

DeKalb, IL 60115
  • $279,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 2,460

    SqFt

About the Listing 7626 - 9686

Located in the heart of DeKalb's Central Business District, this spacious mixed-use building offers exceptional flexibility. The main level is currently set up as a professional office, formerly a dental practice, and is ideal for a new business or for conversion into a comfortable first-floor apartment for owner-occupancy. Three additional apartments are already in place: a main-level one-bedroom, plus an efficiency and another one-bedroom on the second floor. This setup provides an excellent opportunity for an owner-occupant to live on the main level while rental income from the existing tenants helps offset monthly mortgage payments. A walk-up attic and full basement with laundry hookups offer generous storage options. Outside, you'll find ample parking, a one-car attached garage, and heated exterior steps and ramp for easy winter access. With leases secured through June 2026 and a roof installed in 2013, this property is ready for its next chapter. Photos of the apartment are vacant photos of the first-floor apartment. It is now occupied. Current rents are well below market value. Whether you're looking to create your own residence while generating income, expand your investment portfolio, or have your own business and collect rent to help with your new venture, this location, close to downtown DeKalb, NIU, schools, shopping, and interstate access, offers outstanding potential.

Listing Highlights

Status Active
Days on Site 44
Property Type Commercial Sale
MLS ® 12621092
Year Built 1944
Total Square Footage 2,460
Lot/Acreage 0.19
County DeKalb

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air,Window Unit(s)
  • Heating: Forced Air,Gas,Hot Water
  • Fireplaces: 0
  • Floor: Wood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Community Water,Municipal Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 50x165.57
  • Zoning: COMMR
  • Roof: Composition
  • Others:
  • Sewer: Storm Sewer
  • Parking Features: 6-12 Spaces,1-5 Spaces

Financial Details

  • Tax Amount: $6,824
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0823303008
  • Tax Year: 2024

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

217 S 3rd St DeKalb, IL 60115

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: mred

|

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way