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900 Greenbrier Rd 900 Greenbrier Rd

28 Unit Apartment Building $510,000 ($18,214/Unit) Dekalb, IL 60115

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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

900 Greenbrier Sale Flyer

Property Facts

Price	$510,000	Building Class	C
Price Per Unit	$18,214	Lot Size	0.38 AC
Sale Type	Investment	Building Size	9,600 SF
Sale Conditions	Redevelopment Project	Average Occupancy	100%
No. Units	28	No. Stories	3
Property Type	Multifamily	Year Built	1965
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Mid Rise

Price	$510,000
Price Per Unit	$18,214
Sale Type	Investment
Sale Conditions	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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.