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$ 6,300,000
Est. payment | /mo
$ 6,300,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12542391
Year Built 1962
Annual Tax Amount $110,283
Tax Year 2024
Lot Dimensions 157 X 138 X 140 X 210 X 83 X 137
Property Sub-Type Multi Family 5+
Property Description
Kimberly Apartments offers investors a rare chance to acquire an 85-unit, value-add multifamily asset in the DeKalb market-just minutes from Northern Illinois University, the upcoming Meta (Facebook) data center, and the new Kraft Heinz distribution hub, both slated for 2025 completion. These major developments are expected to drive sustained population and employment growth, directly increasing rental demand in the area. Prime location near highways, shopping, and employment hubs Minutes to NIU, Meta campus, Kraft Heinz distribution center Kimberly Apartments consists of garden-style apartment buildings at 810 and 820 Kimberly Dr, offering a range of unit configurations and floor plans in a convenient, walkable location close to campus and major local amenities. 85 Total Units Three brick buildings with durable construction 802 Kimberly Drive Tenants pay electric and gas (7) 3 Beds 810 Kimberly Drive Roof Age: 3 Years Old (1) Studio (12) 1 Beds (21) 2 Beds (5) 3 Beds 820 Kimberly Drive Roof Age: 6 Years Old (1) Studio (5) 1 Beds (31) 2 Beds (2) 3 Beds
Location
State IL
County Dekalb
Area Balance Of Dekalb County
Interior
Cooling Wall Sleeve
Fireplace N
Building
Dwelling Type Multi Family 5+
Structure Type Brick
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Listed by Anthony Munoz of Listing Leaders Northwest, Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "