Properties

Features
: Central Air
: Rec/Family Area , Unfinished , Bath/Stubbed , Block
Address Map
US
IL
De Kalb
De Kalb
60115
Hillcrest
1020
Drive
W89° 13' 46.2''
N41° 56' 42.6''
Route 38 North to N Annie Glidden Rd then East on W. Hillcrest Drive
De Kalb
De Kalb
W
W
Additional Information
: Brick
209X231X236
30
30
3
Berkshire Hathaway HomeServices Chicago
Ariel Marini
Financial
18417
Listing Information
187291
10317
MRED
Listing Information
Active
2026-04-25T16:43:19Z
2026-01-23T06:05:22Z
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.

Commercial Sale For Sale

1020 W Hillcrest Drive, Dekalb, Illinois 60115

$1,250,000
Listing ID#12549621
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12549621
Price : $1,250,000
Year Built : 1969
Listing Status : Active
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