919 Greenbrier Road, DeKalb, IL
  • $499,999
  • $524,999

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
  • Price $499,999
  • Year Built 1965
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 0815178014
  • MLS Status Active
  • Co List Agent MLS ID MRD71236
  • Days On Market 135
  • Cumulative Days On Market 303
  • Tax Annual Amount 6528.9
  • 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.
  • StoriesTotal 2
  • Address 919 Greenbrier Road
  • City DeKalb
  • State/county IL
  • Zip/Postal Code 60115
  • Country United States

Overview

Property ID: MRD12567168
  • Multi Family
  • Property Type
  • 1965
  • Year Built

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