1020 W Hillcrest Drive, DeKalb, IL 60115
DeKalb County
Key Facts
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 Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1969
Stories
3
Lot Dimensions
209X231X236
Days on Market
128
MLS® Listing#
12549621
Property Features
Cooling
Basement
Construction
Financial Details
Annual Taxes
$18,417
Tax year 2024
Parcel Number
0815178001
Directions
Route 38 North to N Annie Glidden Rd then East on W. Hillcrest Drive
Affordability Calculator
$250,000
Estimated monthly payment
$6,653/mo
Principal $1,000,000 · Est. interest $1,395,089 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in DeKalb, IL
- $330,000
- Median Listing Price
- 41
- Median Days on Market
- 2,062
- Median Sq Ft
- $191
- Median Price / Sq Ft
- 28
- Active Listings
- This home’s price is 279% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in DeKalb, IL.
Location
Points of Interest in DeKalb, IL
Showing the DeKalb area map.
Nearby Schools
Dekalb High School
Secondary · 0.9 mi away
Jefferson Elementary School
Elementary · 1.0 mi away
Illinois School Service
School · 1.1 mi away
Clinton Rosette Middle School
Secondary · 1.2 mi away
Debutantes School
Secondary · 1.4 mi away
Camelot Nwca
Elementary · 1.6 mi away
Littlejohn Elementary School
Elementary · 1.7 mi away
Gwendolyn Brooks Elementary School
Elementary · 1.8 mi away
Tyler Elementary School
Elementary · 1.8 mi away
Schools
School · 1.9 mi away
Dekalb High School
Secondary · 2.0 mi away
Founders Elementary School
Elementary · 2.0 mi away
Chesebro Elementary School
Elementary · 2.0 mi away
Lincoln Elementary School
Elementary · 2.1 mi away
Huntley Middle School
Secondary · 2.5 mi away
Malta Elementary School
Elementary · 4.0 mi away
South Prairie Elementary School
Elementary · 4.2 mi away
Sycamore High School
Secondary · 4.4 mi away
ABC Preschool
School · 4.6 mi away
Malta Elementary School
Elementary · 4.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 17742 & 17750 Somonauk Road S, DeKalb, IL | $889,000 | — | — | 8,480 |
| 928 W Hillcrest Drive, DeKalb, IL | $950,000 | — | — | — |
| 131 N Annie Glidden Road, DeKalb, IL | $995,000 | — | — | 4,814 |
| 121 W Lincoln Highway, DeKalb, IL | $1,300,000 | — | — | 15,242 |
| TBD Pleasant Street, DeKalb, IL | $1,300,000 | — | — | — |
| 3301 Resource Parkway, DeKalb, IL | $1,400,000 | — | — | 8,760 |
Moving Cost Estimate
EXIT Agents in DeKalb
Listing Courtesy: Berkshire Hathaway HomeServices Chicago - 3129448900
Last Updated: 2026-01-17