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226 W Locust Street, 
Dekalb, IL 60115

$216,492

—

Bed

—

Bath

-

Sq Ft

0.22

Acres (Lot)

Land

Active

Listed by

Mitchell Cohen

Cove Realty Inc

Last updated:

May 29, 2026, 01:54 PM

MLS#

12658956

Source:

MLSNI

About This Land

226 W Locust Street

Exceptional 7-unit Student Housing Investment opportunity located just steps from Northern Illinois University. This is a rare chance to acquire a high-performing, income-producing asset in one of the area's most consistently in-demand rental markets. Strategically positioned near campus, the property benefits from strong student rental demand, attractive cash flow potential, and long-term investment stability. Whether you are looking to expand your portfolio or secure a turnkey multifamily asset in a proven location, this property presents an outstanding opportunity for both immediate income and future appreciation.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.22

MLS #:

12658956

Last Updated:

May 29, 2026, 01:54 PM

Finances & Disclosures

Finances

Price:

$216,492

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.