919 Greenbrier Road,DeKalb, IL 60115
DeKalb, IL 60115
Description
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).
Details
| MLS # | 12567168 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1965 |
| Days On Site | 205 |
| Listing Provided By | Coldwell Banker Realty | Kari Kohler |
Features
| Story(s) | 2 |
|---|---|
| Units | 24 |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 6528.9 |
Area Information
| State | IL |
|---|---|
| County | DeKalb |
| City | DeKalb |
| Zip Code | 60115 |
| Area | De Kalb |
| Listing VS Median (in 60115) | |
Price: $499,999 low | high Med: $265,000 On site: 205 low | high Med: 15 | |
Market Activity 60115
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Learn More About This Property
| State | IL |
|---|---|
| County | DeKalb |
| City | DeKalb |
| Zip Code | 60115 |
| Area | De Kalb |
| Listing VS Median (in 60115) | |
Price: $499,999 low | high Med: $265,000 On site: 205 low | high Med: 15 | |
