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$125,900
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Property Description
Introducing a fantastic real estate opportunity just blocks away from the newly revived downtown Dekalb and Northern Illinois University. This charming corner lot property features two units, each offering 1 bedroom and 1 bathroom. Perfect for savvy investors or those seeking a flexible living arrangement, this property presents a multitude of possibilities. Imagine the convenience of living in one unit while renting out the other, allowing you to maximize your investment potential. With separate entrances and self-contained living spaces, privacy and independence are assured for both units.The prime location ensures easy access to the vibrant downtown area, where you'll find an array of shops, restaurants, and entertainment options. Additionally, being in close proximity to Hallgren Park, Northern Illinois University offers a significant advantage for potential tenants or residents seeking a bustling college-town atmosphere.Whether you're looking to expand your investment portfolio or explore the option of shared living with rental income, this 2-unit property on a corner lot is an excellent opportunity. Don't miss out on the potential and versatility that this property has to offer. Act now and unlock the exciting possibilities it holds! Cash or Conventional Loans only, Property Sold "As-Is".
Full Property Details
Full Property Details for 722 Prospect St
General
- Sold For: $125,900
- Taxes: $3,857 (2022)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 11825831
- Added to Site: 953 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: School Bus Service, Commuter Bus, Interstate Access
Exterior
- Exterior Features: Balcony, Porch
Parking
- Total Spaces: 2
- Parking Features: Unassigned, Off-Alley
- Parking Type: Space(s)
- Parking On-Site: Yes
Location
- Area: De Kalb
- County: De Kalb
- Driving Directions: Rt. 38/Lincoln Hwy. and 7th St. south to Prospect St. turn left to House on southside.
School Information
- School District: 428
- Midd School District: 428
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Exterior Const.: Slate
- Basement Desc.: Partial
- Foundation: Block
- Roof: Asphalt
- Year Built: 1930
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.12
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 78 x 66
- Lot Features: Level, Sidewalks
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1930
- Tax Amount: $3,857.52
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 823380007
Listed by American Realty Illinois LLC
Sold by Keller Williams Infinity
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Schools
Schools serving 722 Prospect 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 | 2.1 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 722 Prospect St
Date
Details
Price
Change
Source
11/02/2023
Sold
$125,900
-16.01%
MLS
8/11/2023
Price Reduced
$149,900
-9.15%
MLS
7/07/2023
Listed
$165,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
722 Prospect Street, Dekalb, IL 60115 (MLS# 11825831) is a Multi-Family property that was sold at $125,900 on November 02, 2023. Want to learn more about 722 Prospect 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.

