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$475,000
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Property Description
Well located 5 story office building in the heart of downtown DeKalb. Adjacent to DeKalb theater, close to all downtown amenities. Approx 29,000 sq ft, plus basement and drive through. On-site parking with approx. 20 spaces. Former bank on 1st floor with offices on floors 2 through 5. Functioning walk in safe in basement. Flexible floorplans adaptable to many uses. Approx 20% occupied with two current tenants. Verizon lease in place for roof top antenna. Fiber installed in building. Located in downtown TIF/ Redevelopment District. Great value-add or redevelopment opportunity!
Full Property Details
Full Property Details for 155 N 3rd St
General
- Sold For: $475,000
- Taxes: $23,685 (2022)
- Status: Closed
- Type: Office
- Source: MRED
- MLS ID: 11891194
- Added to Site: 882 day(s) ago
Additional Information
- Security/Safety: Sprinklers (Wet)
Location
- Area: De Kalb
- County: DeKalb
- Driving Directions: Rt 38 North to 155
- Location Details: Far West
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 5
- Square Feet: 30,000
- Year Built: 1956
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 21,120
- Lot Dimensions: 128 x 165
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Sprinklers-Wet
- Assessment Year: 1956
- Tax Amount: $23,685
- Tax Year: 2022
- Tenant Pays: Common Area Maintenance, Electricity, Heat, Janitorial Service, Varies by Tenant
Disclosures and Reports
- Property ID: 823159052
Listed by Flanagan Realty, LLC.
Sold by Non Member
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Schools
Schools serving 155 N 3rd St
School District:Dekalb Community Unit School District 428
| Name | Grades | Distance |
|---|---|---|
Founders Elementary School 821 South 7th Street, DeKalb, IL 60115 | K-5 | 0.7 mi |
Clinton Rosette Middle School 650 North 1st Street, DeKalb, IL 60115 | 6-8 | 0.5 mi |
De Kalb High School 501 West Dresser Road, DeKalb, IL 60115 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 155 N 3rd St
Date
Details
Price
Change
Source
2/26/2025
Sold
$475,000
-47.16%
MLS
9/21/2023
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
155 N 3rd Street, Dekalb, IL 60115 (MLS# 11891194) is a Office property that was sold at $475,000 on February 26, 2025. Want to learn more about 155 N 3rd Street? Do you have questions about finding other Office real estate for sale in Dekalb? You can browse all Dekalb real estate or contact a Coldwell Banker agent to request more information.

