1020 W Hillcrest DR, Dekalb, IL 60115
1020 W Hillcrest DR, Dekalb, IL 60115
1020 W Hillcrest DR, Dekalb, IL 60115
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$1,250,000
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1020 W Hillcrest DR Dekalb, IL 60115

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John Barnak III

John Barnak III

+1(630) 439-6385

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12549621

Year Built 1969

Annual Tax Amount $18,417

Tax Year 2024

Lot Dimensions 209X231X236

Property Sub-Type Multi Family 5+

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.

Location

State IL

County Dekalb

Area De Kalb

Rooms

Basement Unfinished, Bath/Stubbed, Block, Rec/Family Area

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ariel Marini of  Berkshire Hathaway HomeServices Chicago 

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John Barnak III

John Barnak III

Broker License ID: 471019889

+1(630) 439-6385

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1020 W Hillcrest DR

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