919 Greenbrier Road
DeKalb, IL, 60115
$499,999
4 Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12567168 image #0
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).

Property Details

Price:
$499,999
MLS #:
MRD12567168
Status:
Active Under Contract
Beds:
4
Baths:
0
Type:
Commercial
Neighborhood:
dekalb
Listed Date:
Feb 12, 2026
Year Built:
1965
De KalbDekalb

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Stories
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Financial

Tax Year
2025
Taxes
$6,529

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Community

Market Summary

Current real estate data for Commercial in DeKalb as of Oct 05, 2026
19
Commercial Listed
212
Avg DOM
$1,090,968
Avg List Price

Property Summary

    919 Greenbrier Road DeKalb IL is a Commercial for sale in DeKalb, IL, 60115. It is listed for $499,999

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