IL
DeKalb
DeKalb
60115
928 W Hillcrest Drive, DeKalb, IL 60115
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Listing Type
Commercial/Industrial
Listing Status
Pending
1
$966,784

Home Details for 928 W Hillcrest Drive

Price
$966,784
Type
Commercial Sale
Year built
1969
Lot size acres
0.76
County
DeKalb
Basement
Finished
Days on site
204
MLS Listing#
12086738
Property Description

INVESTMENT ALERT: DeKalb, IL Fraternity / Student Housing Portfolio 3 BUILDINGS | 9 CAP RATE | VALUE-ADD POTENTIAL | MLS # 12126301 & 12086738 & 12126281 - Invest where the demand NEVER stops! Located in the heart of NIU's famous Greek Row, this 80-room, high-performing student housing portfolio is the ultimate cash-flowing asset with room to expand by an additional 30 rooms! Why this is a HOT investment: High Demand - NIU is the area's largest employer & industry Prime Location - 1 mile from campus, 65 miles west of Chicago Strong Returns - New leases project a 11 CAP rate (2025-30) Turnkey Asset - Fully occupied with long-term tenants Future Growth - Across from an upcoming 16M Greek Life Center (2028) Well-Maintained - Recent upgrades to roofs, windows, mechanicals, and fire safety systems Easy Management - New online tenant portal is being incorporated, local property management company available on standby Opportunities to boost revenue: Expand by 30 more rooms Light-to-moderate amenity upgrades = higher rents This is your chance to own a high-performing, strategically located portfolio in one of the Midwest's strongest student housing markets! DM for details or request the Offering Memorandum NOW!

Property Features
  • Cooling Information
    • Window Unit(s)
  • Water Features
    • Public
  • Utilities
    • Cable Available
  • Basement
    • Finished
Listing Courtesy: Berkshire Hathaway HomeServices Chicago - 312-944-8900
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-03-26 23:00:37. 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: 2026-03-26 23:00:37
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EXIT REALTY REDEFINED - MAURER GROUP
4174 N. Perryville Rd, Loves Park, IL 61111
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815 977 7411
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