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928 W Hillcrest Drive, DeKalb IL 60115 (Off Market)

For Sale, USD 966,784
(Off Market)


928 W Hillcrest Drive, DeKalb IL 60115,

Property Type : Commercial

Property Style : N/A

Build Size : 15,106 ft² / 1,403 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


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!
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928 W Hillcrest Drive, DeKalb IL 60115, United States,Illinois,Dekalb is a 15,106ft² Dekalb luxury Commercial listed for sale USD 966,784. This high end Dekalb Commercial is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Dekalb or search for luxury properties for sale in Dekalb.