336 College Avenue, DeKalb, IL

$290,000

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About 336 College Avenue

The Historic McMurray House presents a rare opportunity to acquire a well-maintained, income-producing property in a strong rental market. This well-maintained, income-producing property features five rental units: four 1-bedroom apartments and one 4-bedroom unit. Four of the five units showcase original hardwood flooring and are in good condition. The property has a strong rental history and appeals to a stable tenant base. Currently, all tenants are graduate students, creating a quiet and reliable environment. Only one unit remains available for the upcoming school year. Recent capital improvements include a new roof installed in Fall 2024. On-site coin-operated laundry provides additional income potential. Located in a desirable area with consistent rental demand, the McMurray House is a solid addition to any investment portfolio.

Features of 336 College Avenue

MLS® # 12424225
Price $290,000
Bathrooms 0.00
Acres 0.00
Year Built 1895
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 336 College Avenue
Area De Kalb
City DeKalb
County DeKalb
State IL
Zip Code 60115

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement Yes
Basement Unfinished

Exterior

Exterior Wood, Frame
Roof Composition
Foundation Stone

Additional Information

Days on Market 84
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHometown Realty Group
Contact InfoMelissa@HRGSells.com

Listing Map

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