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$595,000
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Property Description
Turn Key Investment opportunity with this 8 unit complex just about as close to campus as you can get! With rents ranging from $725-850, this property rarely has vacancies. 4 (2) bedroom units and 4 (1) bedroom units, laundry and parking on site, coin operated units and parking spots for each tenant in the lot. Tenants pay all utilities and electric and water separately metered. Fully occupied, good investment opportunity. Driveway redone 2023. Well maintained with misc updates being completed upon turn overs. Show with confidence.
Full Property Details
Full Property Details for 528 College Ave
General
- Sold For: $595,000
- Taxes: $15,268 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12526149
- Added to Site: 97 day(s) ago
Location
- Area: De Kalb
- County: DeKalb
- Driving Directions: Rte 38 to Park to College, west to property on south side of the road
Heating & Cooling
- Heating Type: Electric
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Stories/Levels: 2
Unit Information
- Units w/Refrigerators: 8
- Units w/Range/Oven: 8
Lot Features
- Lot Dimensions: 76 x 257
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $28,012
- Tax Amount: $15,268
- Tax Year: 2024
- Tenant Pays: Electricity, Sewer
Disclosures and Reports
- Property ID: 822251004
Listed by Weichert REALTORS Signature Professionals
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Schools
Schools serving 528 College Ave
School District:Dekalb Community Unit School District 428
| Name | Grades | Distance |
|---|---|---|
Littlejohn Elementary School 1121 School Street, DeKalb, IL 60115 | K-5 | 1.2 mi |
Clinton Rosette Middle School 650 North 1st Street, DeKalb, IL 60115 | 6-8 | 0.7 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 528 College Ave
Date
Details
Price
Change
Source
3/04/2026
Sold
$595,000
-7.02%
MLS
12/01/2025
Listed
$639,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
528 College Avenue, Dekalb, IL 60115 (MLS# 12526149) is a Commercial property that was sold at $595,000 on March 04, 2026. Want to learn more about 528 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.


