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$160,000 Just Listed
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Property Description
Excellent investment or owner-occupant opportunity in DeKalb! This well-situated two-flat features upper and lower units, each offering 2 bedrooms and 1 full bath, creating flexible living options and strong rental potential. Set on a nice-sized lot, the property includes a backyard patio and an oversized detached 2.5-car garage, which could provide additional income potential or valuable owner storage. A new roof in 2023 adds peace of mind, while the walkable location near town and a nearby park delivers everyday convenience in a desirable DeKalb setting. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property is full of opportunity.
Full Property Details
Full Property Details for 424 S 7th St
General
- Price: $160,000
- Taxes: $5,812 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12678509
Rental Information
- Complex Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: De Kalb
- County: DeKalb
- Township: DeKalb
- Driving Directions: Route 38/Lincoln Highway to 7th St S
School Information
- School District: 428
- Elem School District: 428
- Midd School District: 428
- High School District: 428
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement Desc.: None
- Roof: Asphalt
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.23
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 66 x 156
Financial Considerations
- Parking Included: Yes
- Tax Amount: $5,812
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 823380004
Listed by One Source Realty
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Schools
Schools serving 424 S 7th St
School District:Dekalb Community Unit School District 428
| Name | Grades | Distance |
|---|---|---|
Founders Elementary School 821 South 7th Street, DeKalb, IL 60115 | K-5 | 0.3 mi |
Huntley Middle School 1515 South 4th Street, DeKalb, IL 60115 | 6-8 | 1 mi |
De Kalb High School 501 West Dresser Road, DeKalb, IL 60115 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 424 S 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,353
—
$73,579
10%
2024
$5,353
-3%
$67,189
15%
2023
$5,514
-1%
$58,583
17%
2021
$5,551
-2%
$50,165
2%
2020
$5,677
2%
$49,365
4%
2019
$5,565
2%
$47,425
4%
2018
$5,434
-1%
$45,817
4%
2017
$5,486
1%
$44,042
3%
2016
$5,425
—
$42,930
6%
2015
$5,408
2%
$40,676
—
2014
$5,324
—
$40,742
-5%
2013
$5,326
2%
$42,796
-9%
2012
$5,215
—
$46,992
—
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 424 S 7th St
424 S 7th Street, Dekalb, IL 60115 (MLS# 12678509) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 424 S 7th Street is currently listed for $160,000 and was received on September 19, 2026. Want to learn more about 424 S 7th Street? Do you have questions about finding other Multi-Family real estate for sale in Dekalb? You can browse all Dekalb real estate or contact a Coldwell Banker agent to request more information.

