Moomey Team
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https://www.ruhlmortgage.com/BlakeEller.html
Description
Located in the heart of DeKalb's Central Business District, this spacious mixed-use building offers exceptional flexibility. The main level is currently set up as a professional office, formerly a dental practice, and is ideal for a new business or for conversion into a comfortable first-floor apartment for owner-occupancy. Three additional apartments are already in place: a main-level one-bedroom, plus an efficiency and another one-bedroom on the second floor. This setup provides an excellent opportunity for an owner-occupant to live on the main level while rental income from the existing tenants helps offset monthly mortgage payments. A walk-up attic and full basement with laundry hookups offer generous storage options. Outside, you'll find ample parking, a one-car attached garage, and heated exterior steps and ramp for easy winter access. With leases secured through June 2026 and a roof installed in 2013, this property is ready for its next chapter. Photos of the apartment are vacant photos of the first-floor apartment. It is now occupied. Whether you're looking to create your own residence while generating income, expand your investment portfolio, or have your own business and collect rent to help with your new venture, this location, close to downtown DeKalb, NIU, schools, shopping, and interstate access, offers outstanding potential.
Property Highlights
Property Type: Commercial - Office
Building Description: 3.0 stories
Year Built: 1944
General Information
County: DeKalb
Listed By:
Coldwell Banker Real Estate Group
815-756-2557
MRED MLS
MLS ID: 12621092
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217 S 3rd Street , DeKalb, IL 60115.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $279,000 | $279,000 | $279,000 |
| Down Payment | $55,800 | $9,765 | $69,750 |
| Monthly Mortgage Amount | $1,320 | $1,642 | $1,710 |
| Taxes | $388 | $388 | $388 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $123 | $0 |
| Monthly Estimated Total | $1,808 | $2,253 | $2,198 |
Moomey Team
Cell: (563) 866-7272
William's Cell: (563) 886-7272
Renée's Cell: (563) 370-7871
Licensed in IA & IL
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
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