DeKALB – City Manager Bill Nicklas is looking to list some additional city-owned property on the market as the city looks for ways to raise money and free property for private use.
The city on Monday announced it has listed the DeKalb Municipal Building’s annex at 223 S. Fourth St. for sale at $495,000. The main Municipal Building, across the street at 200 S. Fourth St., will not hit the market until the DeKalb Park District board approves a transfer of ownership.
The move is part of Nicklas’ plan to move city hall out of the space it has occupied since 1967 into a former bank downtown, known as the Nehring building, at 164 E. Lincoln Highway, across North Second Street from Eduardo’s Restaurant. The city listed the annex through local brokerage firm RVG Commercial Real Estate services, records show.
The initial plan was to list both the municipal building and the annex together, for a total of 2.5 acres of city-owned property placed on the market.
However, Nicklas said Monday that the recent park district Board of Commissioners’ 2-2 vote, which delayed transfer of ownership of the Nehring building, has stalled the dual listing.
“We’re not going to list anything until we know what’s going to happen,” Nicklas said after the council meeting.
Council members also voted Monday to approve placing two other vacant properties on the market, and will authorize a local brokerage firm to determine pricing for the lists.
The Council voted unanimously to list a former gas station at 1101 N. First St., and another vacant space at 822 E. Lincoln Highway, for sale. Nicklas said Monday that city staff have responded to several inquiries about both properties and wanted to list them for interested parties.
Nicklas said the Lincoln Highway site is of particular interest to who owns the commercial lot next door, at Ninth Street and Lincoln Highway. He said he’s working on a presentation to bring to council for further spaces to list.
“They’ve inquired about it, but they haven’t made an offer or anything,” Nicklas said Tuesday.
According to city documents, the former gas station site still is contaminated and likely would need to be remedied before use.
The property at 822 E. Lincoln Highway used to be a multi-family home. The city bought and razed the building in 2018, documents show.
“I’m working on something I’d like to bring to you to address a handful of other [properties] that may be marketable at this time,” Nicklas told the council. “I would like to put our toe in the water and see what we can get for pricing.”
Source: The Daily Chronicle