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Key Details
Sold Price $150,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12465738
Sold Date 10/07/25
Bedrooms 4
Annual Tax Amount $3,111
Tax Year 2024
Lot Dimensions 56.50 X 165 X 59.50 X 165
Property Sub-Type Two to Four Units
Property Description
Attention Investors or First-Time Buyers Looking to Step Into Investment Properties! Welcome to 305 Pearl St, DeKalb - a two-unit property with excellent rental potential. Units: Each unit offers 2 bedrooms and 1 bathroom. Garage: Detached heated 2-car garage, 24x24 Masonry Garage. Roof: Only 8 years old. Utilities: Separate electric meters, furnaces, water meters, and AC window units for each unit. Laundry: Washer/dryer hookups available in the basement. Leases & Tenants: 305 (Lower Unit): Lease in place until 01/2026 with recent updates including a refreshed bathroom, new kitchen flooring, and complete interior paint. 305 1/2 (Upper Unit): Long-term tenant (8 years) currently on a month-to-month lease. This is a fantastic opportunity to own a steady income-producing property with strong rental history - work is needed, but a great investment.
Location
State IL
County Dekalb
Area De Kalb
Rooms
Basement Unfinished, Storage Space, Full
Interior
Heating Forced Air
Equipment CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
Fireplace N
Exterior
Exterior Feature Balcony
Garage Spaces 2.0
Roof Type Asphalt
Building
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
School District 428 , 428, 428
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Maria Pena-Graham of Coldwell Banker Real Estate Group
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