Northern Illinois University’s “President’s House” is hitting the market today. The home, which is just over 6,000 square feet, has served as an “official” residence for past university presidents and their families.
It was built in 1952 and later sold to NIU’s sixth president, Rhoten Smith, who served from 1967-1971. Smith transferred the home to the NIU Foundation in 1970 for $10. It was turned over to the university the following year, for the same amount. Former NIU President John Peters lived in the home during his tenure from 2000-2013.
“Barbara and I just loved our time there,” Peters said. “The neighbors were very welcoming and the home has plenty of space with a large deck and a beautiful front and backyard, which makes it great for entertaining.”
President Lisa C. Freeman, who was already settled in a home of her own when she was appointed president in 2018, opted out of moving into the president’s residence. The university listed the home as surplus property last year, since it was no longer being used. NIU’s Board of Trustees gave the green light for the property to be sold, back in November of 2019. The home sits on approximately 1.3 acres on Woodlawn Avenue in DeKalb and boasts three bedrooms upstairs, with a possible fourth bedroom downstairs. It is listed at $295,000. Illinois law requires the university to reinvest the money into improving facilities on campus. It will be used to revitalize classroom spaces and address other maintenance needs, such as roof repairs and a variety of other building improvements.
The home is listed with Mary Nelson, an agent at Castle View Real Estate. An open house is scheduled for this Sunday, February 16 from 1:00pm – 3:00pm.