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33184910
33184913

809 KIMBERLY DR, DEKALB, IL 60115-1476

MC
IL IL 471019141
Citypoint Illinois LLC
PN
IL IL 475190041
Citypoint Illinois LLC
Listed by Citypoint Illinois LLC
$2,380,000
8 days on market
Updated 8 days ago

OFF-Market 24 Unit – Dekalb

Details
APN 0815176020
Property Type Multifamily
Cap Rate 9.80%
NOI $233,152
Pro-Forma Cap Rate 10.00%
Pro-Forma NOI $243,412
Buildings 2
Lot Size (SqFt) 17,959

OFF-Market 24 Unit - Dekalb

Marketing description

Presenting an extraordinary investment opportunity in DeKalb, this 24-unit property consisting of two 12-unit Brick buildings next door to each other. Exteriors has been well maintained boasting recent window replacements in all buildings within the last 5 years. The roofs are 2 years old or newer. Interior units are in great shape, spacious & 100% occupied on one of the 12 units while the 2nd 12 unit is going through a FULL RENOVATION as we speak including NEW WINDOWS & COMPLETELY NEW INTERIOR UNITS. Current estimated time for completion is July 2026 (Seller can have all units occupied prior to sale). All buildings boast INDIVIDUAL WASHER/DRYER sets in each unit. All buildings run efficiently having separate electric meters. Both buildings have electric baseboard heating systems with window unit AC. These buildings present a valuable opportunity for rent increases and come with more than one parking spot per unit. Notably, THE OWNER HAS ADDITIONAL BUILDINGS FOR SALE in the same area that can be packaged together, expanding the potential for a comprehensive investment portfolio. Explore this lucrative property today and capitalize on the chance to contribute to DeKalb’s thriving community.

Listing Contacts

MC
IL IL 471019141
Citypoint Illinois LLC
PN
IL IL 475190041
Citypoint Illinois LLC
Listed by Citypoint Illinois LLC

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$233,152.00
$19,429.33/mo

Valuation Metrics

0
DSCR
9.8%
Cap Rate
9.8%
ROI

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Additional Information

Name
Marcin Chojnacki
License
IL 471019141
Name
Phu Nguyen
License
IL 475190041
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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