BEDS0
BATHS
MLS#12549621
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Well-maintained Greek Life student housing property located in the heart of DeKalb's established Greek Row, just minutes from Northern Illinois University. This flagship fraternity residence offers approximately 30 rooms, three full bathrooms, and a commercial-grade kitchen designed to support long-term institutional occupancy. The building includes extensive communal and operational spaces, including meeting and chapter rooms, study and dining areas, TV lounge, workout facilities, and recreation rooms. Exterior amenities feature a large deck, outdoor common areas, and approximately 22 on-site parking spaces. The property is fully occupied by a nationally affiliated fraternity that has maintained continuous occupancy for approximately 17 years. The lease is supported by a corporate-backed guaranty extending through May 31, 2030. Recent capital improvements include a new fire suppression system and security camera system. This is a stable, income-producing asset located in a high-demand student housing submarket with strong barriers to entry and long-term institutional support from Northern Illinois University.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Lot Size: 209X231X236
Stories: 3.0
Taxes: $18,417
Year Built: 1969
Feature Descriptions
Exterior: Brick
Fire Protection: Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors, Sprinklers
HVAC: Central Bldg Heat
Lot Dimensions: 209X231X236
Parcel#: 0815178001
Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Scavenger, Other, Hot Water
Units: 30
Listed By / Shown By
Listed By
Agency Name: Berkshire Hathaway HomeServices Chicago
Agency Phone: 312-944-8900
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 4,681.29 per month $2,781.96 Principal & Interest $1,534.75 Property Tax $364.58 Homeowner's InsuranceChange Payment Information
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1020 W Hillcrest Drive | MLS# 12549621
This multi-family property located at 1020 W Hillcrest Drive, DeKalb, IL 60115 is currently listed for sale with an asking price of $1,250,000. Search Dekalb real estate on www.bhhscrosby.com today.