155 N 3rd Street

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155 N 3rd Street

DeKalb, IL 60115
Asking Price
$250K
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office property located at 155 N 3rd Street in DeKalb
  • Current asking price for this Illinois commercial asset is $250,000
  • Asset is situated near the regional educational hub of DeKalb
  • Property is well-positioned for professional services or administrative business use
  • Site benefits from established infrastructure within the greater Chicago metropolitan area

What's Special

This traditional office property at 155 N 3rd Street in DeKalb, Illinois, is available for purchase at $250,000. DeKalb serves as a notable hub within the region, benefiting from its proximity to Northern Illinois University and established transportation corridors that connect to the broader Chicago metropolitan area. The local economy remains supported by a diverse mix of educational, industrial, and retail sectors, providing a stable foundation for commercial investment. The office space serves as a functional asset for professional services, administrative operations, or a satellite headquarters for firms looking to establish a presence in the growing DeKalb submarket. Its position within the city allows for straightforward access to local business services and regional transit routes. This site accommodates a variety of commercial configurations suitable for tenants or owner-occupiers seeking a manageable footprint in a midwestern university town environment.

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NOI
$80,000
Cap Rate
32.00%
DSCR
5.39
Strong
Cash-on-Cash
86.88%
Monthly Payment
$1,236.864
Annual Cash Flow
$65,157.637

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