DeKalb Portfolio
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DeKalb Portfolio
4 Properties Offered at $6,897,330 CAD in Dekalb, IL
Investment Highlights
- Four building portfolio in dense rental market
- Immediate access to Northern Illinois Campus
- Top 10 employers within 10-mile drive
- All four-bedroom units
- $1B+ in Investments from Facebook and Ferrara Candy
- 1 hour from Chicago
Executive Summary
The DeKalb Portfolio located on the Northwest side of town is 1.5 hours West of Chicago. The assets were built from 1995 to 2005. The properties offer the potential buyer the ability to implement a revenue enhancing value-add program on the classic unit interiors. Additionally, the potential buyer may consider targeting DHAP voucher tenants as permitted rental rates are nearly 55% higher than market rate based on demand. Residents enjoy easy access to dense education, entertainment, and retail corridors offering a plethora of grocers, shops, dining, and employment drivers.
Property Facts
| Price | $6,897,330 CAD | Number of Properties | 4 |
| Price / SF | $78.22 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 88,176 SF |
| Status | Under Contract | Total Land Area | 4.68 AC |
| Price | $6,897,330 CAD |
| Price / SF | $78.22 CAD / SF |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 88,176 SF |
| Total Land Area | 4.68 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 885 Regent Dr, Dekalb, IL 60115 | Multifamily | 37,801 SF | 2005 | - |
| 901 Regent Dr, Dekalb, IL 60115 | Multifamily | 39,676 SF | 2005 | - |
| 858 Spiros Ct, Dekalb, IL 60115 | Retail | 6,698 SF | 1978 | - |
| 915 Spiros Ct, Dekalb, IL 60115 | Retail | 4,000 SF | - | - |
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