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$275,000 -$24,000 (-8.03%) Price Reduced
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Property Description
Prime 5-story office building in the heart of downtown DeKalb! Adjacent to the DeKalb Theater and steps from all downtown amenities. Spanning approximately 30,000 sq. ft., plus a basement featuring additional 5,000 sq. ft. and a drive-through, this property offers on-site parking for around 22 vehicles. The first floor was formerly a bank, with office spaces on floors 2 through 5 and a fully functional walk-in safe in the basement. Flexible floorplans make it adaptable for various uses. Fiber installed. Located in a downtown TIF/Redevelopment District-an excellent value-add or redevelopment opportunity!
Full Property Details
Full Property Details for 155 N 3rd St
General
- Price: $275,000
- Taxes: $23,528 (2023)
- Status: Active
- Type: Office
- Source: MRED
- MLS ID: 12369596
- Updated: 2/2/2026
- Added to Site: 319 day(s) ago
Additional Information
- Security/Safety: Sprinklers (Wet)
Location
- Area: De Kalb
- County: DeKalb
- Township: DeKalb
- Driving Directions: Head West on 38, right on 3rd St
- Location Details: Far West
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 5
- Square Feet: 30,000
- Current Bldg. Use: Commercial, Office
- Year Built: 1956
- Built Before 1978: Yes
Unit Information
- # Tenants: 2
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 21,120
- Lot Dimensions: 128 x 165
- Potential Use: Commercial
- Zoning: OFFIC
Financial Considerations
- Lease Price: $8
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Sprinklers-Wet
- Assessment Year: 1956
- Tax Amount: $23,528
- Tax Year: 2023
- Tenant Pays: Common Area Maintenance, Electricity, Heat, Janitorial Service, Varies by Tenant
Disclosures and Reports
- Property ID: 823159052
Listed by Hometown Realty Group
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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
2/02/2026
Price Reduced
$275,000
-8.03%
MLS
11/11/2025
Price Reduced
$299,000
-14.57%
MLS
9/30/2025
Price Reduced
$350,000
-12.5%
MLS
5/22/2025
Price Reduced
$400,000
-19.98%
MLS
3/20/2025
Listed
$499,900
11.09%
MLS
2/24/2025
Sold
$450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 155 N 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,838
-3%
$286,667
15%
2023
$23,528
-1%
$249,949
17%
2021
$23,685
-2%
$214,032
2%
2020
$24,220
2%
$210,620
4%
2019
$23,744
6%
$202,344
7%
2018
$22,473
-1%
$189,482
4%
2017
$22,687
1%
$182,141
3%
2016
$22,436
4%
$177,543
9%
2015
$21,586
—
$162,350
-1%
2014
$21,487
—
$164,438
-5%
2013
$21,498
2%
$172,730
-9%
2012
$21,047
—
$189,667
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 155 N 3rd St
155 N 3rd Street, Dekalb, IL 60115 (MLS# 12369596) is a Office property. 155 N 3rd Street is currently listed for $275,000 and was received on March 20, 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.

