IL
DeKalb
DeKalb
60115
1020 W Hillcrest Drive, DeKalb, IL 60115
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Listing Type
Commercial/Industrial
Listing Status
Active
0
$1,250,000

Home Details for 1020 W Hillcrest Drive

Price
$1,250,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1969
County
DeKalb
Garage
Basement
Unfinished, Bath/Stubbed, Block
Days on site
0
MLS Listing#
12549621
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
  • Basement
    • Unfinished
    • Bath/Stubbed
    • Block
  • Cooling Information
    • Central Air
Listing Courtesy: Berkshire Hathaway HomeServices Chicago - 312-944-8900
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-01-18 02:46:21. 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.
Last Updated: 2026-01-18 02:46:21
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EXIT REALTY REDEFINED
1275 E. Butterfield Rd Suite 200, Wheaton, IL 60189
Roger Jenisch
License #: 471-013357
Broker of Record
Office
630 480 4555
Agent
773 682 8771
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