919 Greenbrier Road, 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).
- Listing Courtesy of: Coldwell Banker Realty
Details
Updated on June 27, 2026 at 1:53 pm-
Property ID MRD12567168
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Price $499,999
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Year Built 1965
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Property Type Multi Family
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Property Status Active
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Parcel Number 0815178014
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MLS Status Active
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Co List Agent MLS ID MRD71236
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Days On Market 135
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Cumulative Days On Market 303
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Tax Annual Amount 6528.9
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Directions Left onto S Randall Rd. Turn right onto IL-38 W. Turn right onto N 7th St. Continue onto E Hillcrest Dr. Turn left onto Greenbrier Rd. Property will be on the left.
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StoriesTotal 2
Address
Open on Google Maps- Address 919 Greenbrier Road
- City DeKalb
- State/county IL
- Zip/Postal Code 60115
- Country United States
Overview
- Multi Family
- 1965
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