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$265,000

  • For Sale
  • Active
  • Commercial
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An updated rooming house, in a great location close to NIU and downtown within walking distance or close to public transportation. Newer mechanicals furnaces & central air--windows -- plumbing -- some electrical. 3 updated Kitchens and 5 updated baths. If your investor this is ready for you. The potential for great rental income. Owner has other properties in the area and would consider a package deal. Don't miss this opportunity.

Full Property Details for 223 W Locust St

General

  • Price: $265,000
  • HOA FEE: $13,245
  • Taxes: $5,616 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12407969
  • Updated: 1/17/2026
  • Added to Site: 235 day(s) ago

Interior

  • Basement: Unfinished

Additional Information

  • Security/Safety: Alarm on Site, Fire Extinguisher(s), Smoke or Fire Protectors, Carbon Monoxide Detector(s)

Location

  • Area: De Kalb
  • County: DeKalb
  • Township: DeKalb
  • Driving Directions: First North to Locust West
  • Location Details: In City Limits

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air, Gas

Utilities

  • Trash: 1100

Structural Information

  • Construction: Wood
  • Exterior Const.: Wood
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Stories/Levels: 3
  • Current Bldg. Use: Single-Room Occupancy
  • Year Built: 1920
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 4
  • Units w/Range/Oven: 3
  • # Dryers: 1

Lot Features

  • Lot Dimensions: 51 x 8 x 40 x 100+ x 46.66 x 107.50
  • Potential Use: Multi-Family
  • Zoning: MULTI

Financial Considerations

  • Maint. Fee: $13,245
  • Insurance Fee: $1,238
  • Operating Expenses: $26,039
  • Other Fee: $636
  • Security Deposit: Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
  • Assessment Year: 1920
  • Tax Amount: $5,616
  • Tax Year: 2023
  • Pays Electric: 1034
  • Pays Trash: 1100

Disclosures and Reports

  • Property ID: 822233015

Listed by Century 21 Circle

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— 223 W Locust St —

  • Century 21 Circle

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 223 W Locust St

School District:Dekalb Community Unit School District 428
NameGradesDistance
Founders Elementary School
821 South 7th Street, DeKalb, IL 60115
K-50.9 mi
Clinton Rosette Middle School
650 North 1st Street, DeKalb, IL 60115
6-80.5 mi
De Kalb High School
501 West Dresser Road, DeKalb, IL 60115
9-121.5 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 223 W Locust St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/20/2025
Price Reduced
$265,000
-10.17%
MLS
6/30/2025
Listed
$295,000
-26.25%
MLS
5/08/2015
Sold
$400,000
—
Public Record
Get Price Alerts and Save Property
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 for 223 W Locust St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,617
-3%
$70,502
15%
2023
$5,786
-1%
$61,472
17%
2021
$5,825
-2%
$52,639
2%
2020
$5,957
1%
$51,800
3%
2019
$5,874
2%
$50,054
4%
2018
$5,735
-1%
$48,357
4%
2017
$5,790
1%
$46,483
3%
2016
$5,726
—
$45,310
6%
2015
$5,708
11%
$42,932
9%
2014
$5,153
—
$39,439
-5%
2013
$5,156
2%
$41,427
-9%
2012
$5,048
—
$45,489
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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223 W Locust Street, Dekalb, IL 60115 (MLS# 12407969) is a Commercial property. 223 W Locust Street is currently listed for $265,000 and was received on June 30, 2025. Want to learn more about 223 W Locust Street? Do you have questions about finding other Commercial real estate for sale in Dekalb? You can browse all Dekalb real estate or contact a Coldwell Banker agent to request more information.

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