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Investment Highlights

  • Prime Downtown Location steps from restaurants, retail, and City Hall offering excellent accessibility.
  • Owner-User Flexibility with 1,230 SF available for immediate occupancy or reconfiguration.
  • Full Basement Utility with leasing or storage options and mechanical systems.
  • Income-Producing Advantage with an established office tenant under a new long-term lease.
  • Historic Dental Office Setup includes plumbing in place for specialized business use.
  • Easy Multi-Tenant Adaptability with separately metered utilities and potential for three units.

Executive Summary

This 2,460-square-foot commercial building in the heart of downtown DeKalb presents an outstanding opportunity for an owner-user or investor. Priced at $229,000, the property is currently 50% leased to a long-term office tenant, providing built-in income stability. Approximately 1,230 square feet remain available for immediate occupancy or additional leasing potential, historically utilized as a dental office with existing plumbing infrastructure in place. Flexible configuration options allow for two or three separate units, increasing future income prospects.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,460 SF
Building Class
C
Year Built
1963
Price
$324,591 CAD
Price Per SF
$131.95 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,460 SF
Building FAR
0.94
Lot Size
0.06 AC
Zoning
CBD - Commercial

Amenities

  • Storage Space
  • Air Conditioning
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
08-23-155-012
Land Assessment
$12,138 CAD
Improvements Assessment
$92,458 CAD
Total Assessment
$104,596 CAD
  • Listing ID: 40943004

  • Date on Market: 2026-06-16

  • Last Updated:

  • Address: 129 E Locust St, Dekalb, IL 60115

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