Active

919 Greenbrier Road

DeKalb, IL 60115
$549,000
0beds
0baths
sqft
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About this home

Exceptional investment opportunity in the heart of Northern Illinois University's student housing market. 919 Greenbrier Rd is a 24-unit student living property currently leased by the fraternity SAE, offering immediate cash flow and built-in occupancy. With capacity for up to 48 tenants, this property is ideally structured for high-yield student housing. Each unit is outfitted with essential amenities including a full kitchen, multiple bathrooms, and dorm-style living spaces. A spacious basement and 10 on-site parking spaces add value and convenience. Located steps from Greek Row and within close walking distance to campus, this is a prime location for student renters. A rare, turn-key asset in DeKalb-perfect for investors looking for stable, consistent returns in a thriving college rental market. Northern Illinois University's current spring 2026 enrollment is 14,644 students, described as the largest spring enrollment in five years. This is a 3.4% increase compared with spring 2025 enrollment of 14,158 students. Bathrooms include 1 full bathroom inside the President Suite, 2 public bathrooms on each floor, and 2 half bathrooms (powder rooms).
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1965
Lot size
Annual tax$6,018.18
CountyDeKalb
MLS #MRD12567168
Days on market29
Listed by
Coldwell Banker Realty
Kari Kohler · 630-673-4586

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 3/12/2026, 7:17:01 PM. All data should be independently verified.

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