SQUARE FEET2,460
MLS#12621092
STATUSNew
PROPERTY TYPECommercial - Office
Property Description
Located in the heart of DeKalb's Central Business District, this spacious mixed-use building offers exceptional flexibility. The main level is currently set up as a professional office, formerly a dental practice, and is ideal for a new business or for conversion into a comfortable first-floor apartment for owner-occupancy. Three additional apartments are already in place: a main-level one-bedroom, plus an efficiency and another one-bedroom on the second floor. This setup provides an excellent opportunity for an owner-occupant to live on the main level while rental income from the existing tenants helps offset monthly mortgage payments. A walk-up attic and full basement with laundry hookups offer generous storage options. Outside, you'll find ample parking, a one-car attached garage, and heated exterior steps and ramp for easy winter access. With leases secured through June 2026 and a roof installed in 2013, this property is ready for its next chapter. Photos of the apartment are vacant photos of the first-floor apartment. It is now occupied. Whether you're looking to create your own residence while generating income, expand your investment portfolio, or have your own business and collect rent to help with your new venture, this location, close to downtown DeKalb, NIU, schools, shopping, and interstate access, offers outstanding potential.
Property Features
Property Type: Commercial - Office
Cooling: Central Air, Window Unit(s)
Lot Size: 0.19 Acres
Roof Type: Composition
Stories: 3.0
Taxes: $6,823
Year Built: 1944
Feature Descriptions
Drains: Storms and Screens (as exist)
Electric: Circuit Breakers, Separate Meters
Exterior: Wood, Stucco
Fire Protection: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Flooring: Wood
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Forced Air, Gas, Hot Water
Location: Central Business District
Lot Dimensions: 50x165.57
Miscellaneous Indoor: Basement, Laundry Room
Miscellaneous Outdoor: Storms and Screens (as exist)
Number of Tenant(s): 3
Parcel#: 0823303008
Parking: 6-12 Spaces
Potential Use: Office, Multi-Family
Tenant Pays: All Utilities
Units: 4
Utilities: Electric to Site, Natural Gas Available
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Real Estate Group
Agency Phone: 815-756-2557
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
© 2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®
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217 S 3rd Street | MLS# 12621092
This commercial property located at 217 S 3rd Street , DeKalb, IL 60115 is currently listed for sale with an asking price of $279,000. Search Dekalb real estate on www.bhhscrosby.com today.