820 Russell Road, De Kalb, IL 60115

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$230,000

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Description

Positioned directly on the campus of Northern Illinois University, 820 Russell Rd. offers a rare opportunity to acquire a well-maintained, flexible-use property in a highly desirable university setting. Originally built in 1966 by the current owners, this approximately 2,400 square foot building (including basement) has been thoughtfully maintained and updated, including a 2013 rehabilitation to accommodate ADA-compliant bathrooms. The layout and structure lend themselves to a variety of uses including community center, office space, student-focused services, nonprofit headquarters, or potential conversion to multifamily housing (subject to zoning approval). Situated on two parcels totaling approximately 0.63 acres, the property features 18 on-site parking spaces – a valuable amenity in a campus-adjacent location. The building includes very high basement ceilings, providing additional functional space and flexibility for storage, meeting areas, or future improvements. The combination of campus proximity, on-site parking, and adaptable layout makes this an exceptional opportunity for owner-users, nonprofits, or investors seeking repositioning potential in the heart of DeKalb.