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226 Locust Street

DeKalb, IL 60115
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$219,500
0beds
0baths
sqft
Anything from "is it priced right?" to "what's the catch?"

About this home

Great investment opportunity near Downtown DeKalb and NIU! This 6-room + 1 studio, 3-bath rooming house offers strong rental income potential with the added flexibility of a house hack option-live in the private studio and rent out the remaining rooms. The property has been freshly updated with new flooring, new paint in the bathrooms, and fresh paint throughout the common areas, creating a clean and appealing environment for tenants. Ideal for investors or an owner-occupant looking for affordable living and steady cash flow. Located just minutes from Northern Illinois University, Downtown DeKalb, restaurants, shopping, bus routes, and major roads, including Annie Glidden Rd and Lincoln Hwy. Off-street parking and walkability to local amenities enhance its rental appeal. A fantastic addition to any rental portfolio-or an opportunity to live affordably while generating income.
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1950
Lot dimensions35.02 X 20 X 210+ X 34.90 X 220+
AreaDe Kalb
Annual tax$5,713.2
First listedApr 30, 2026
Parcel #0822278005
CountyDeKalb
MLS #MRD12634731
Days on market1
Photos26
Listed by
815 Property
Cindy Heinrich · 815-764-9228

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/30/2026, 8:45:05 PM. All data should be independently verified.

$219,500
0 bd · 0 ba
You + your agent

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