722 Prospect St, Dekalb, IL 60115
Property image
Property image
OFF MARKET

722 Prospect St
Dekalb, IL 60115

  • 2 Beds
  • 2 Baths

$177,100

Trulia Estimate
as of Jul 18, 2026
Est. Refi. Payment $1,313/mo*

$177,100

Trulia Estimate
as of Jul 18, 2026
Est. Refi. Payment $1,313/mo*
2 Beds
2 Baths

Local Information

  • Map ViewExplore the area around 722 Prospect St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Introducing a fantastic real estate opportunity just blocks away from the newly revived downtown Dekalb and Northern Illinois University. This charming corner lot property features two units, each offering 1 bedroom and 1 bathroom. Perfect for savvy investors or those seeking a flexible living arrangement, this property presents a multitude of possibilities. Imagine the convenience of living in one unit while renting out the other, allowing you to maximize your investment potential. With separate entrances and self-contained living spaces, privacy and independence are assured for both units.The prime location ensures easy access to the vibrant downtown area, where you'll find an array of shops, restaurants, and entertainment options. Additionally, being in close proximity to Hallgren Park, Northern Illinois University offers a significant advantage for potential tenants or residents seeking a bustling college-town atmosphere.Whether you're looking to expand your investment portfolio or explore the option of shared living with rental income, this 2-unit property on a corner lot is an excellent opportunity. Don't miss out on the potential and versatility that this property has to offer. Act now and unlock the exciting possibilities it holds! Cash or Conventional Loans only, Property Sold "As-Is".
722 Prospect St, Dekalb, IL 60115 is a 2 bedroom, 2 bathroom multi-family built in 1930. It last sold for $125,900 on Nov 2, 2023 (16% below the $149,900 asking price). More recently, it was listed as a rental in February 2013 with an asking price of $600 per month. That rental listing was removed on May 6, 2013. It is currently off market. The Trulia Estimate is $177,100, with a rent estimate of $1,199/month.

Home Highlights

Parking
2 Parking Spaces
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 722 Prospect St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished,PartialNumber of Rooms: 9
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: PorchExterior: BalconyFoundation: Block
Parking & Garage
No Attached GarageParking Spaces: 2Parking: Unassigned,Off Alley,On Site,Owned
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: SlateNot a New Construction
Property Information
Parcel Number: 0823380007

Price & Status

Price
List Price: $149,900
Status Change & Dates
Off Market Date: Mon Aug 21 2023Possession Timing: Negotiable, Subject To Tenant Rights

Location

Direction & Address
City: DeKalb
School Information
Elementary School District: 428Jr High / Middle School District: 428High School District: 428

Agent Information

Buyer Agent
Buyer Company Name: Essence Realty Team

Community

Community Features: Street Lights, Street Paved, Sidewalks

Lot Information

Lot Area: 5227.2 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 11825831Back On Market Date: Fri Aug 11 2023

Additional Information

Street LightsStreet PavedSidewalksSource Internet Automated Valuation DisplaySource Internet Consumer CommentSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display
Last check for updates: about 7 hours ago
Listed by Alison Rosenow, (815) 762-5226
American Realty Illinois LLC
Kasey Zeimet, (630) 688-5297
American Realty Illinois LLC
Bought with: Maribel Lopez, CSC, (630) 888-2113, Keller Williams Infinity
Source: MRED as distributed by MLS GRID, MLS#11825831

Price History for 722 Prospect St

DatePriceEventSource
11/02/2023$125,900Sold
MRED as distributed by MLS GRID #11825831
08/21/2023$149,900ContingentMRED as distributed by MLS GRID #11825831
08/11/2023$149,900PendingToActiveMRED as distributed by MLS GRID #11825831
07/30/2023$165,000ContingentMRED as distributed by MLS GRID #11825831
07/07/2023$165,000Listed For SaleMRED as distributed by MLS GRID #11825831
02/09/2022$112,500Sold
MRED as distributed by MLS GRID #11245184
12/18/2021$130,000ContingentMRED as distributed by MLS GRID #11245184
10/13/2021$130,000Listed For SaleMRED as distributed by MLS GRID #11245184
09/03/2013$65,000Sold
N/A
05/06/2013$575ListingRemovedAgent Provided
04/10/2013$575PriceChange
Agent Provided
02/25/2013$585PriceChange
Agent Provided
02/13/2013$600Listed For RentAgent Provided

Market trends in Dekalb

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$271K
$17.33K
MoM
Sale-to-List Price
100.6%
0.6%
MoM
Price per sq ft
$167
$4
MoM
Available listings
70
11
MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2024
Tax$3,553
Assessment$133,785
Home facts updated by county records

Comparable Sales for 722 Prospect St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.31
Multi-Family Home
$173,000
10/17/25
3
3
-
0.67
Multi-Family Home
$120,000
03/24/26
3
2
-
0.73
Multi-Family Home
$156,900
09/15/25
2
2
-
0.77
Multi-Family Home
$140,000
10/29/25
2
2
-
0.47
Multi-Family Home
$225,000
07/22/25
4
4
-
0.58
Multi-Family Home
$220,000
09/12/25
5
3
-
0.11
Multi-Family Home
$275,000
11/26/25
5
3
-

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 722 Prospect St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Dekalb

At least 324 Trulia users voted on each feature.
  • 91 % Say there are sidewalks

  • 85 % Say it's dog friendly

  • 85 % Say car is needed

  • 78 % Say parking is easy

  • 69 % Say there's holiday spirit

  • 68 % Say kids play outside

  • 62 % Say yards are well-kept

  • 61 % Say there's wildlife

  • 59 % Say it's walkable to restaurants

  • 57 % Say it's quiet

  • 55 % Say people would walk alone at night

  • 52 % Say streets are well-lit

  • 46 % Say neighbors are friendly

  • 42 % Say it's walkable to grocery stores

  • 34 % Say they plan to stay for at least 5 years

  • 21 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Zaori09
    "I’ve lived in my current neighborhood for 10 years. Neighbors are friendly and we are a few blocks from downtown. "
  • Zaori09
    "I’ve live ld in this neighborhood for 9 1/2 years. Neighbors are nice and a great place to take walks with the fam! "
  • Zaori09
    "They like that it’s a great area to walk their dog. Quiet and for the most part safe to walk dogs. I see many people walking their dogs. "
  • Zaori09
    "For the most part quiet place to live. Nice college campus town. Many things to do, especially in the summer. "
  • Kiarawrigh05
    "I have been living out here for years and there are friendly people. You can walk to the park etc. The rent is affordable and nice"
  • Trulia User
    "Mostly older residents and homes, but some lower income housing south of Taylor. Many people walk and feels safe! "
  • Trulia User
    "Eh have a great market twine a year called Back Alley Market. Over 100 vendors!! vintage, handmade and food"
  • Katie B.
    "Walking to downtown Dekalb! So many restaurants and two breweries within walking distance of our house! It’s great to feel connected to the downtown even being a little under a mile away, we never feel too far from anything!"
  • Tsipes87
    "several school in the neighborhood, convenient location for shopping/restaurants, family friendly area"
  • Michael T.
    "Some community events like the Somonauk Summer Fest, DeKalb Corn Fest, Kite Fest, and Sandwhich Fest make my neighborhood special. "
  • Miangaly R.
    "They walk there dog anytime they want and anywhere but it’s fine for me because I like them.However,they should keep them quite because some people seem not to like them and sometimes get’s into a argue "
  • Karla
    "it’s a nice place to grow up in if you live in the right areas. places here are more expensive because of the n.i.u. being here so it’s harder finding a place to live if you’re on a budget."
  • Jsalinas.04.22.t
    "This is a good area to raise your kids. it's safe for kids to play outside not a lot of traffic and 2 parks near by."
  • Elisabeth C.
    "Cheap living with a community feel. Nice, friendly neighbors. Parks for kids. Unfortunate moving in of businesses but if you’re in the back of the neighborhood, it’s not an issue except for unsightliness. We have lived here for going on 9 years and have been pretty happy with things. "
  • Christopher I.
    "I've lived in DeKalb for 15 years of my life. Something about it will always feel like home. Whether it's the cornfields and slow pace, or the vibe downtown I will never know. "
  • Adijat
    "There is a college campus so student buses are available in addition to other services. There is a high school and community college not too far as well."
  • Felicia
    "The area around here by the a Resource bank is quite. People who walk their dogs around here are good with cleaning up after their dogs. This area is close to many restaurants, grocery stores, Walmart being the main one. Neighbors are ok they are polite."
  • Deborahbrue
    "Great neighborhood, delightful homes, golf course views, wooded and lovely gardens in bloom, nice neighbors, public bike and walking path nearby. Peaceful and Safe. "
  • Katie B.
    "A lot of people that live in this neighborhood have dogs. Neighbors are super friendly when you walk around the neighborhood. "
  • Toberocha100
    "it is good neighborhood I can go for a walk and everything is good. is only a few areas those are not to safe. but is nice town"
  • Jim Davis
    "I have lived here for 61 years out of 65 4 years in the military. I have a great neighborhood and everyone speaks to each other . If you need to there is a bus line that runs all over town . "
  • Katie
    "Nearly everyone has a dog! Very pet friendly and easy to walk dogs in this neighborhood! While 7th street is busy, the streets above and below it are great for walking!"
  • Fee
    "Unless you are getting your own house. Most apartments here charge a fee for your pet plus extra while paying rent. People in this neighborhood don’t like walking in dog poop so it’s best to make sure you clean up after you dog. "
  • Christopher L.
    "bring back the neighborhood block party and the city should have one two. the only problem is I can't invite someone from out of town to the event because there's no parking where they doesn't fear being towed"
  • Olivia W.
    "I’ve lived in Dekalb for quite some time. It has its perks but there is a lot of crime. It’s more secluded on one side of town but it’s not limited. I wouldn’t raise your kids here"
  • Christopher L.
    "a bit on the pothole side but it's been remedied heading Northeast out of the DeKalb 15 minute drive"
  • Felicia
    "The cornfest, the Greek feat, the fireworks show on the 4th, and other activities as well. It's a pretty decent area near the Y."
  • Felicia
    "Grateful for the buses. They could start earlier & stop after midnight, but living here a car is needed, period, point, blank. "
  • Fee
    "This town has decent transportation to get around town but a car is essential. You wouldn't want to live here without one. Trust."
  • Andrew B.
    "they wouldn't like how much crime is on my street we have very little room and the parties are out of control loud music "
  • Andrew D.
    "My commute is into downtown Sycamore about 15 minutes and 5 miles. Traffic is light and it is an easy drive. "
  • Danielledme2
    "I love the neighborhood we live in. Very friendly and not too much traffic. I feel very comfortable spending time outside playing with my family or taking walks. "
  • Clackmelissa
    "Our neighborhood is quiet even with a bunch of kids. We live close to the school and our neighborhood makes me feel comfortable having then walk home alone after school."
  • Amanda H.
    "I used to live here and my parents still live here and it's a nice neighborhood to raise kids in. most of the landscaping around here is mature and offers a lot of shade"

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Washer/dryer

Homes for sale near 722 Prospect St

Skip to last item
Skip to first item

Off Market Homes Near 722 Prospect St

Skip to last item
Skip to first item
Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information