MULTI-FAMILY INVESTMENT INCOME WITH CAP RATE OF 10+ CLOSE TO NIU CAMPUS!! 15 BEDROOMS INCLUDING 13 SINGLE ROOMS(WITH POTENTIAL FOR 3 ADDITIONAL ROOMS) AND A 2 BEDROOM MANAGER'S APARTMENT ON SITE OFFERING A PRIVATE BATHROOM, KITCHEN, AND LIVING ROOM. RENTAL ROOMS OFFER A COMMON AREA, KITCHEN, AND MULTI-STALL BATHROOM WITH SHOWERS. UPDATED IN 2013. 10 OFF STREET PARKING SPACES PLUS ADJACENT STREET PARKING. STURDY BRICK EXTERIOR. ALSO AVAILABLE AS A PACKAGE WITH 829 GREENBRIER AND 835 GREENBRIER (lot)
MULTI-FAMILY INVESTMENT INCOME WITH CAP RATE OF 13+ CLOSE TO NIU CAMPUS!! 16 BEDROOMS INCLUDING 15 SINGLE ROOMS AND A 1 BEDROOM MANAGER'S APARTMENT ON SITE OFFERING A PRIVATE BATHROOM, KITCHEN, AND LIVING ROOM. RENTAL ROOMS OFFER A COMMON AREA, KITCHEN, AND MULTI-STALL BATHROOM WITH SHOWERS. UPDATED IN 2013. 10 OFF STREET PARKING SPACES PLUS ADJACENT STREET PARKING. STURDY BRICK EXTERIOR. ALSO AVAILABLE AS A PACKAGE WITH 824 GREENBRIER AND 835 GREENBRIER (lot)
Prime location, former Fraternity house in the heart of NIU Campus available for sale or single tenant lease. Featuring 24 units that can house 48 beds. Zoned PD-R with parking on site. Located a block from the proposed NIU Greek Life Center aimed and revitalizing the fraternity and sorority life on campus. Also ideal for conversion to single rooming house or brining new Fraternity to the area.
Welcome to this exceptional Rooming House, ideally located just off the Northern Illinois University (NIU) campus. This expansive 7,500 square foot ranch-style property offers an incredible investment opportunity in the heart of NIU student housing. The property features a 2-bedroom, 1-bathroom apartment situated on one corner, while the other side boasts 20 additional bedrooms. Residents can enjoy a spacious living room, dining room, and kitchen, along with a back porch/Deck for relaxation. The main bathroom is well-equipped with 5 stalls, 4 shower stalls, and 4 sinks. There are also two half baths to accommodate residents. Ample parking is available on-site. Recent upgrades make this prop
Presenting an exceptional opportunity to acquire the 100% leased "DeKalb, IL Fraternity / Student Housing Portfolio, " an 80-room housing investment within 1 mile to Northern Illinois University (NIU - the largest local industry and employer). Located in the heart of famous Greek Row this portfolio boasts an impressive 9% CAP rate with significant room for expansion by an additional 30 rooms. Positioned 65 miles west of Chicago and 38 miles southwest of Naperville, this asset features three well-maintained cinder block/brick buildings with a total of 80 rooms, 8 full baths, 4 half baths, commercial kitchens, and various communal areas including study, dining, conference, TV, worko
Presenting an exceptional opportunity to acquire the 100% leased "DeKalb, IL Fraternity / Student Housing Portfolio, " an 80-room housing investment within 1 mile to Northern Illinois University (NIU - the largest local industry and employer). Located in the heart of famous Greek Row this portfolio boasts an impressive 9% CAP rate with significant room for expansion by an additional 30 rooms. Positioned 65 miles west of Chicago and 38 miles southwest of Naperville, this asset features three well-maintained cinder block/brick buildings with a total of 80 rooms, 8 full baths, 4 half baths, commercial kitchens, and various communal areas including study, dining, conference, TV, worko
Presenting an exceptional opportunity to acquire the 100% leased "DeKalb, IL Fraternity / Student Housing Portfolio, " an 80-room housing investment within 1 mile to Northern Illinois University (NIU - the largest local industry and employer). Located in the heart of famous Greek Row this portfolio boasts an impressive 9% CAP rate with significant room for expansion by an additional 30 rooms. Positioned 65 miles west of Chicago and 38 miles southwest of Naperville, this asset features three well-maintained cinder block/brick buildings with a total of 80 rooms, 8 full baths, 4 half baths, commercial kitchens, and various communal areas including study, dining, conference, TV, worko
Presenting an exceptional opportunity to acquire fully leased "Greek Life Flagship Fraternity House, " a 30-room housing investment within 1 mile to Northern Illinois University in DeKalb, IL (NIU - the largest local industry and employer). Located in the heart of famous Greek Row this flagship roaming house boasts an impressive 8 CAP. Additional 3 buildings with 20-80 rooms are available to make the new owner a high value player in this local, desirable, fraternity housing space. Positioned 65 miles west of Chicago and 38 miles southwest of Naperville, this asset features one well-maintained cinder block/brick building with a total of 30 rooms, 3 full baths, commercial kitchen, a
Receivership Sale - Vacant former fraternity house on Northern Illinois Campus. Three story building with 28 bedrooms. Shared bathroom/showers on each floor and a full finished basement with a kitchen. Could be continued as student housing or an ideal apartment conversion. Sale subject to court approval
Based on information submitted to the MLS GRID as of Fri Dec 13 2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.