131 S 7th St, Dekalb, IL, 60115
About This Home
INVESTMENT OPPORTUNITY-SOLID TWO-UNIT MASONRY BUILDING. Well Maintained solid masonry two-story, two unit property offering strong rental income potential in a desirable location. The first floor unit features a spacious one-bedroom layout with a large living room, separate parlor, kitchen and full bath. Additional amenities include basement with washer / dryer, an attached one-car garage and a fenced backyard. This unit rents for $1,400 per month. The second-floor unit offers two generous bedrooms, a large living room, an oversized eat-in kitchen, a full bath and the convenience of an in-unit washer and dryer, and rents for $1,100 per month. Utilities are separate and tenants pay for gas and electric. The property's attractive location, functional floor plans and desirable amenities make it an excellent opportunity to own a well-maintained income producing property with long-term investment potential.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1905
Materials
- Foundation: Block
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Unfinished,Bath/Stubbed,Full
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heating features: Natural Gas
Property
Details
- Parcel number: 0823334010
- Zoning: SINGL
- Special condition: List Broker Must Accompany
Features
- Fencing: Fenced
Lot
- Lot size: 6,240 sqft
- Features: Corner Lot
- Lot size dimensions: 65x96
Parking
- Total spaces: 1
- Parking features: Garage Door Opener,Yes,Garage Owned,Attached,Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Tornado
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,643 | $19,716 |
| Home Insurance * | $184 | $2,208 |
| Property Taxes | $606 | $7,272 |
| Electricity | $130 | $1,569 |
| Total | $2,563 | $30,756 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-04 | Price change | $315,000 |
| 2026-07-08 | Listed for sale | $325,000 |
| 2026-06-29 | Contingent | $325,000 |
| 2026-06-13 | Listed for sale | $325,000 |
| 2012-01-12 | Sold | $135,000 |
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