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$280,000
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Property Description
This historical home was once the President of NIU, (Swen Parson) 2 Newer furnaces in 2023 This 11-unit license rooming house Great location to NIU with ample parking. Great front porch. One shared kitchen. 1 washer & dryer. This your opportunity to own a turnkey investment.
Full Property Details
Full Property Details for 305 College Ave
General
- Price: $280,000
- HOA FEE: $5,136
- Taxes: $7,214 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12381367
- Updated: 12/14/2025
- Added to Site: 265 day(s) ago
Interior
- Basement: Partially
Location
- Area: De Kalb
- County: DeKalb
- Township: DeKalb
- Driving Directions: From N First St to Loust west to Linden then College Ave
- Location Details: Corner
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Utilities
- Trash: 1850
Structural Information
- Construction: Wood
- Exterior Const.: Wood
- Basement: Yes
- Basement Desc.: Partially Finished
- Stories/Levels: 3
- Year Built: 1903
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 4
- Units w/Range/Oven: 1
- # Dryers: 1
Lot Features
- Lot Dimensions: 80 x 165
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $5,136
- Insurance Fee: $1,180
- Operating Expenses: $24,879
- Other Fee: $1,236
- Assessment Year: 1903
- Tax Amount: $7,214
- Tax Year: 2023
- Pays Electric: 3393
- Pays Trash: 1850
Disclosures and Reports
- Property ID: 822231012
Listed by Century 21 Circle
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Schools
Schools serving 305 College Ave
School District:Dekalb Community Unit School District 428
| Name | Grades | Distance |
|---|---|---|
Littlejohn Elementary School 1121 School Street, DeKalb, IL 60115 | K-5 | 1 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 | 1.5 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 305 College Ave
Date
Details
Price
Change
Source
12/08/2025
Price Reduced
$280,000
-5.08%
MLS
9/20/2025
Price Reduced
$295,000
-3.28%
MLS
5/31/2025
Listed
$305,000
37.39%
MLS
1/29/2010
Sold
$222,000
—
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 305 College Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,214
-2%
$90,556
16%
2023
$7,370
-1%
$78,293
17%
2021
$7,419
-2%
$67,043
2%
2020
$7,587
2%
$65,974
4%
2019
$7,438
2%
$63,381
4%
2018
$7,262
-1%
$61,232
4%
2017
$7,331
1%
$58,860
3%
2016
$7,250
—
$57,374
6%
2015
$7,228
10%
$54,362
8%
2014
$6,585
—
$50,392
-5%
2013
$6,588
2%
$52,933
-9%
2012
$6,450
—
$58,124
—
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 305 College Ave
305 College Avenue, Dekalb, IL 60115 (MLS# 12381367) is a Commercial property. 305 College Avenue is currently listed for $280,000 and was received on May 31, 2025. Want to learn more about 305 College Avenue? 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.

