1055 Spiros Ct
Dekalb, IL 60115

Marcus & Millichap is pleased to present a 43-unit apartment property located in DeKalb, Illinois. DeKalb is a city located in DeKalb County and is located approximately 65 miles west of the downtown Chicago Loop via Interstate 88. DeKalb is home to Northern Illinois University with an enrollment of about 20,000 students and employs about 3,300 faculty / staff members. The subject property is located less than one mile north of Northern Illinois University. The area features golf courses, nature trails along the Kishwaukee River, as well as a historical center, museum, and gallery. The subject property is also within walking distance of several dining and retail options on Annie Glidden Road. The property consists of three apartment buildings on Spiros Court, one seven-unit building and two 10-unit buildings, as well as two eight-unit buildings on Ridge Drive. The unit mix is comprised of 37 three-bedroom / three-bathroom units and six four-bedroom / three-bathroom units measuring approximately 1,320-1,707 square feet. The property was built in 2000 and features in-unit washers and dryers, garage parking, and ample open parking. This investment offers an investor the opportunity to acquire a well-maintained asset with immediate cash flow upon acquisition.