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$245,000

  • Sold
  • Closed
  • Commercial
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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.

Full Property Details for 336 College Ave

General

  • Sold For: $245,000
  • Taxes: $7,886 (2023)
  • Status: Closed
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12424225
  • Added to Site: 179 day(s) ago

Location

  • Area: De Kalb
  • County: DeKalb
  • Driving Directions: Northeast corner of College and Park

Heating & Cooling

  • Heating Type: Gas, Hot Water, Radiators

Structural Information

  • Construction: Wood, Frame
  • Exterior Const.: Wood, Frame
  • Basement Desc.: Unfinished
  • Foundation: Stone
  • Roof: Composition
  • Stories/Levels: 3
  • Current Bldg. Use: Multi-Family
  • Year Built: 1895
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 5
  • Units w/Range/Oven: 5
  • # Dryers: 1

Lot Features

  • Lot Size (Sq. Ft.): 13,720
  • Lot Dimensions: 80 x 170
  • Zoning: MULTI

Financial Considerations

  • Operating Expenses: $20,705
  • Assessment Year: 1895
  • Tax Amount: $7,886
  • Tax Year: 2023
  • Tenant Pays: Electricity

Disclosures and Reports

  • Property ID: 822233001

Listed by Hometown Realty Group
Sold by CENTURY 21 New Heritage

Listing agent

— 336 College Ave —

  • Hometown Realty Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 336 College Ave

School District:Dekalb Community Unit School District 428
NameGradesDistance
Littlejohn Elementary School
1121 School Street, DeKalb, IL 60115
K-51 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 336 College Ave

Date
Details
Price
Change
Source
11/06/2025
Sold
$245,000
-15.52%
MLS
9/12/2025
Price Reduced
$290,000
-7.94%
MLS
7/20/2025
Listed
$315,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Hometown Realty Group
Sold by CENTURY 21 New Heritage

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336 College Avenue, Dekalb, IL 60115 (MLS# 12424225) is a Commercial property that was sold at $245,000 on November 06, 2025. Want to learn more about 336 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.