Listed by AJ Commercial Group, Listing Leaders Northwest, Inc
$6,300,000
802-810-820 Kimberly Drive
Details
APN 0815177005
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 85
Cap Rate 6.83%
NOI $436,899
Year Built 1962
Stories 3
Multifamily | 6.83% CAP | 85 Units
Marketing description
Kimberly Apartments offers investors a rare chance to acquire an 85-unit, value-add multifamily asset in the DeKalb market-just minutes from Northern Illinois University, the upcoming Meta (Facebook) data center, and the new Kraft Heinz distribution hub, both slated for 2025 completion. These major developments are expected to drive sustained population and employment growth, directly increasing rental demand in the area. Prime location near highways, shopping, and employment hubs Minutes to NIU, Meta campus, Kraft Heinz distribution center Kimberly Apartments consists of garden-style apartment buildings at 810 and 820 Kimberly Dr, offering a range of unit configurations and floor plans in a convenient, walkable location close to campus and major local amenities. 85 Total Units Three brick buildings with durable construction 802 Kimberly Drive Tenants pay electric and gas (7) 3 Beds 810 Kimberly Drive Roof Age: 3 Years Old (1) Studio (12) 1 Beds (21) 2 Beds (5) 3 Beds 820 Kimberly Drive Roof Age: 6 Years Old (1) Studio (5) 1 Beds (31) 2 Beds (2) 3 Beds. CONTACT JOEY BATLINER FOR MORE INFO
Listing Contacts
Listed by AJ Commercial Group, Listing Leaders Northwest, Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$436,899.00
$36,408.25/mo
Valuation Metrics
0
DSCR
6.93%
Cap Rate
6.93%
ROI
Map
Zoning
MFR-2 ResidentialMulti FamilyHigh Density And Bulk Multiple Family Residential
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View all 26 uses
View all 26 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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Tax History
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