220 N 3rd St

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220 N 3rd St

DeKalb, IL 60115
Asking Price
$250K
Asset Type
Special-purpose
Class
Class B

What's Special

Prime DeKalb location! Former church with flexible space, stage, basement & ample parking. <ul><li>​Former church with beautiful hardwood floors and stage area</li><li>​Located on charming brick street next to DeKalb Public Library</li><li>​Welcoming entry foyer with two separate restroom areas and storage</li><li>​Expansive main gathering space with abundant open space</li><li>​Secondary flexible-use space with waiting/reception area and additional bathroom</li><li>​Full basement beneath original structure for ample storage</li><li>​Dual heating systems: boiler and forced air</li><li

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NOI
$80,000
Cap Rate
32.01%
DSCR
5.39
Strong
Cash-on-Cash
86.92%
Monthly Payment
$1,236.369
Annual Cash Flow
$65,163.574

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