528 College Ave

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Turn Key Investment opportunity with this 8 unit complex just about as close to campus as you can get! With rents ranging from $725-850, this property rarely has vacancies. 4 (2) bedroom units and 4 (1) bedroom units, laundry and parking on site, coin operated units and parking spots for each tenant in the lot. Tenants pay all utilities and electric and water separately metered. Fully occupied, good investment opportunity. Driveway redone 2023. Well maintained with misc updates being completed upon...Turn Key Investment opportunity with this 8 unit complex just about as close to campus as you can get! With rents ranging from $725-850, this property rarely has vacancies. 4 (2) bedroom units and 4 (1) bedroom units, laundry and parking on site, coin operated units and parking spots for each tenant in the lot. Tenants pay all utilities and electric and water separately metered. Fully occupied, good investment opportunity. Driveway redone 2023. Well maintained with misc updates being completed upon turn overs. Show with confidence.
  1. Listed by Carrie Ottum • Weichert REALTORS Signature Professionals
    P: (815)-739-1275 C: (815)-739-1275 Carrie@SignatureRealEstatePro.com

Property Details for 528 College Avenue

Area
De Kalb
Township
DeKalb
Zoning
MULTI
LISTING UPDATED: 12/31/2025 02:01 AM

Property Details for 528 College Avenue

StatusContingent
MLS #12526149
Days on Market31
Taxes$15,268 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built-
Lot Size0.45 AC / 19,532 SF
CountyDeKalb County

Location

Listing Courtesy of Weichert REALTORS Signature Professionals
Add your commute

Building Information for 528 College Avenue

Stories2Residences8Year Built-Building Size-Lot Size0.45 AC / 19,532 SF

Payment Calculator

$4,391 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,119

Property Taxes

$1,272

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 528 College Avenue

General Information
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Electric
  • # Of Refrigerators: 8
  • Num of Baths: 32.0
Property/Lot Information
  • Tenant Pays: Electricity, Sewer
  • Built Before 1978: No
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 76X257
  • Stories: 2
  • Construction: Vinyl Siding
  • # Of Ranges: 8
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2025-12-08T19:46:44
  • Photos Count: 8
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $1,400.00
  • Fuel Expense: $360.00
  • Gross Income: $74,500.00
  • Gross Scheduled Income: $77,900.00
  • Insurance Expense: $6,912.00
  • Maintenance Expense: $1,500.00
  • Janitor Expense: 0
  • Total Monthly Income: 6570
  • Net Operating Income: $49,888.00
  • Operating Expense: $28,012.00
  • Other Expense: $940.00
  • Trash Expense: $1,440.00
  • Water Sewer Expense: $192.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 0
Unit 2
  • Unit Type Baths Total: 4
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 4
Unit 3
  • Unit Type Baths Total: 4
  • Unit Type Beds Total: 8
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 4
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 528 College Avenue

DateEvent & SourcePriceAppreciation
Dec 30, 2025

Contingent

MRED #12526149

Dec 1, 2025

Listed (Active)

MRED #12526149

$639,900
Sep 4, 2025

Cancelled

MRED #12287768

$639,900
Feb 10, 2025

Listed (Active)

MRED #12287768

$639,900
Dec 31, 2024

Expired

MRED #11973447

$648,500
Feb 3, 2024

Listed (Active)

MRED #11973447

$648,500
Dec 31, 2023

Expired

MRED #11815841

$648,500
Jun 23, 2023

Listed (Active)

MRED #11815841

$649,900
Dec 6, 2022

Expired

MRED #11427313

$599,900
Jun 6, 2022

Listed (Active)

MRED #11427313

$599,900
Mar 16, 2005

Sold (Public Record)

Public Record #153900696

$326,000
DateEvent & SourcePrice
12/30/2025

Contingent

MRED #12526149

12/01/2025

Listed (Active)

MRED #12526149

$639,900
09/04/2025

Cancelled

MRED #12287768

$639,900
02/10/2025

Listed (Active)

MRED #12287768

$639,900
12/31/2024

Expired

MRED #11973447

$648,500
02/03/2024

Listed (Active)

MRED #11973447

$648,500
12/31/2023

Expired

MRED #11815841

$648,500
06/23/2023

Listed (Active)

MRED #11815841

$649,900
12/06/2022

Expired

MRED #11427313

$599,900
06/06/2022

Listed (Active)

MRED #11427313

$599,900
03/16/2005

Sold (Public Record)

Public Record #153900696

$326,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 528 College Avenue

Taxable ValueLand$14,067Additions$177,587Total$191,654
Tax Record2024$15,269 ($1,272 / month)
Home Facts
StyleMiscellaneous CommercialCountyDEKALBAPN08-22-251-004

Schools near 528 College Avenue

This home is within Dekalb Community Unit School District 428.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 4
Rating
School
Distance
Littlejohn Elementary School
PublicK to 5

Clinton Rosette Middle School
Public6 to 8

De Kalb High School
Public9 to 12

International Montessori Academy
PrivatePK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Weichert REALTORS Signature Professionals

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/31/2025 02:01 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.