908 Greenbrier Road

DeKalb, IL 60115

$750,000
Price
42
Beds
21
Baths
40
1/2 Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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 property even more appealing. The entire attic has been newly insulated, a sprinkler system has been added, and a fire alarm monitoring system is in place. Safety and security are further enhanced with a 16-camera monitoring system. The property also benefits from a new roof, new flooring throughout most of the common areas and bedrooms, fresh paint throughout, 3 new furnaces, and 2 new forced-air air conditioners. Additional improvements include new gutters, fascia boards, 3 new tankless water heaters, and a remodel of the main bathroom. A new coin-operated stacked washer & dryer, refrigerator, and freezer have also been installed. The kitchen is well-equipped with 2 dishwashers, 2 refrigerators, 2 stoves, and 2 coin-operated washing machines and dryers. Wi-Fi is available throughout the building, ensuring convenience for all residents. The prime location of this property is unbeatable, with a bus stop directly in front and a backyard that backs onto a park. Low comparative taxes ($9,015.80 for 2022 payable in 2023) add to the property's appeal. The property is inspected annually by the Fire Marshal and consistently receives positive remarks, with the next inspection scheduled for August 2024. This Rooming House is a rare find in the heart of NIU, offering both comfort and convenience for students. Don't miss out on this incredible opportunity!
  1. Listed by Edward Hall • Baird & Warner

Property Details for 908 Greenbrier Road

Area
De Kalb
Township
DeKalb
Num of Interior Fireplaces
1
Zoning
MULTI
LISTING UPDATED: 08/28/2024 12:07 AM

Property Details for 908 Greenbrier Road

StatusActive
MLS #12137644
Days on Market213
Taxes$9,198 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Rooming House/Sro
Year Built1964
Lot Size0.66 AC / 28,841 SF
CountyDeKalb County

Building Information for 908 Greenbrier Road

Stories1Residences21Year Built1964Building Size-Lot Size0.66 AC / 28,841 SF

Property Information for 908 Greenbrier Road

General Information
Addtl Parking Information
  • Outdoor Parking: 19-30 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • # Of Washers: 2
  • Basement Description: Slab
  • Heat/Ventilation: Forced Air,Gas
  • # Of Window/Ac: 0
  • # Of Refrigerators: 2
  • Washer/Dryer Lsd: No
  • Misc Inside: Common Meeting Room/s,Accessible Entrance,Accessible Washroom/s,Storage Inside,Furnished Units Available,Laundry Room
  • # Of Dryers: 2
  • # Of Disposals: 0
  • # Of Dishwashers: 2
  • Num of Baths: 21.4
Exterior Features
  • Building Unit Info: Fire Alarm,Security System,Smoke/Alarm Detector,Some Units Furnished,Sprinkler System
  • Misc Outside: Patio,Security Lighting,Security System,Storms and Screens (as exist)
Utilities / Equipment
  • Utilities: Sanitary Sewer, Sewer-Storm Available, Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat, Scavenger, Sewer
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Rooming House/SRO
  • Lot Dimensions: 159X161.40X200X191
  • Lot Size Square Feet: 28841.0
  • Stories: 1
  • Exterior Building Type: Brick, Frame
  • Construction: Wood Frame
  • Roof Type: Composition
  • Fire Protection: Alarm Monitored,Smoke or Fire Protectors,Sprinklers,Carbon Monoxide Detector(s)
  • Roof Structure: Gable
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 7464
  • Lot Size Source: County Records
  • # Of Ranges: 2
  • Conversion: N
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Multi-Family, Special Use
  • Documents Available: Floor Plan
  • Public Document Count: 0
  • Photos Count: 14
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family, Single Room Occupancy
  • Land Amenities: Curbs and Gutters
  • Location: In City Limits
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 21
Income & Expenses
  • Electric Expense: $7,053.00
  • Fuel Expense: $3,034.00
  • Gross Income: $144,000.00
  • Gross Scheduled Income: $144,000.00
  • Insurance Expense: $5,378.00
  • Maintenance Expense: $.00
  • Manager Expense: $.00
  • Electric Expense Source: Actual
  • Known Encumbrances: None Known
  • Expense Year: 2023
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Other Expense Source: Owner Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 12000
  • Water Expense Source: Actual
  • Net Operating Income: $111,275.00
  • Operating Expense: $32,725.00
  • Other Expense: $1,800.00
  • Trash Expense: $1,728.00
  • Water Sewer Expense: $2,587.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 20
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 908 Greenbrier Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 908 Greenbrier Road

Taxable ValueLand$43,240Additions$54,477Total$97,717
Tax Record2023$9,198 ($767 / month)
Home Facts
StyleMiscellaneous CommercialCountyDEKALBAPN08-15-152-012

Schools near 908 Greenbrier Road

This home is within Dekalb Community Unit School District 428.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Jefferson Elementary School
PublicK to 5

Clinton Rosette Middle School
Public6 to 8

De Kalb High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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908 Greenbrier Road is a multi-family home for sale in DeKalb, IL 60115. This property was listed for sale on August 22, 2024 by Baird & Warner, it's currently listed at $750,000. It has been on the market for a total of 213 days and was last sold on September 27, 2018. This listing's school district is Dekalb Community Unit School District 428. Nearby schools include Jefferson Elementary School, Clinton Rosette Middle School and De Kalb High School. 908 Greenbrier Road is a 42-bed, 41-bath, multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 08/28/2024 12:07 AM. 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.