900 Greenbrier Rd 900 Greenbrier Rd
28 Unit Apartment Building $449,000 ($16,036/Unit) Dekalb, IL 60115
INVESTMENT HIGHLIGHTS
- Prime location near A. Glidden Road and Lincoln Highway
- Traffic count: 16,911 vehicles daily
- Ample parking
EXECUTIVE SUMMARY
PRICE DROP - Receivership Sale - Vacant former fraternity house on Northern Illinois Campus. Three story building with 28 bedrooms. Shared bathroom/showers on each floor and a full finished basement with a kitchen. Could be continued as student housing or an ideal apartment conversion. Sale subject to court approval
PROPERTY FACTS
| Price | $449,000 |
| Price Per Unit | $16,036 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 9,600 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1965 |
| Opportunity Zone |
Yes |
PROPERTY TAXES
| Parcel Number | 08-15-152-010 | Improvements Assessment | $128,973 |
| Land Assessment | $27,020 | Total Assessment | $155,993 |
ZONING
| Zoning Code | PD-R (Planned Development) |
