Offered for sale is the portfolio located at 1121 W. Hillcrest Drive and 1115 N. Annie Glidden Road, DeKalb, Illinois. The asking price is $3,375,000. This portoflio cannot be broken up, all properties must be sold together. The portfolio combines 10 townhouse units with a larger student/sorority-oriented housing property, providing different operating formats within the same DeKalb market. The assets are both located in DeKalb and are connected to the same broader student-housing demand base, potentially creating operating familiarity and management efficiencies. Huge opportunity to increase rents and improve operating costs.
| Listing Id: | 12761846 |
|---|---|
| List Price: | $3,375,000 |
| Property Type: | Commercial Sale |
| Property Type: | Multi Family 5+ |
| Status: | Active |
| Parking On Site: | No |
| Tax Annual Amount: | $54,866 |
| City: | DeKalb |
| County Or Parish: | Dekalb |
| Postal Code: | 60115 |
| Year Built: | 1991 |
| Total # Units In Building: | 29 |
| Basement: | false |
| Cooling: | Central Air |
| Current Use: | Multi-Family |
| Directions: | North on Annie Glidden Road, property is on the Right Side. |
| Electric Expense: | $7,859 |
| Fuel Expense: | 7500 |
| Gross Income: | $176,040 |
| Insurance Expense: | $12,000 |
| Lot Size Acres: | 1.47 |
| Lot Size Dimensions: | 225.45 X 30.03 X 16 X 180 X 256 X 256 |
| Maintenance Expense: | $10,000 |
| Manager Expense: | $15,408 |
| MLS Area Major: | De Kalb |
| Approximate Age: | 26-35 Years |
| Agent Owned/Interest (Y/N): | No |
| Built Before 1978 (Y/N): | No |
| Gross Rent Multiplier: | 9.63 |
| Heat/Ventilation: | Forced Air |
| Information: | List Broker Must Accompany |
| Janitor Expense: | 0 |
| List Price Per Sf: | 0 |
| Market Code: | Active |
| Outdoor Parking: | 31-50 Spaces |
| Total Monthly Income: | 14670 |
| Type Multi Family: | Rooming House/SRO |
| Update Date: | 2026-09-22T05:05:30 |
| Net Operating Income: | $196,345 |
| Operating Expense: | $153,863 |
| Original List Price: | $3,375,000 |
| Other Expense: | $24,710 |
| Parcel Number: | 0816200021 |
| State Or Province: | IL |
| Stories: | 2 |
| Tax Year: | 2025 |
| Water Sewer Expense: | $5,055 |
| Actual Status: | Active |
| Habitable Residence?: | Yes |
Listing Courtesy of: RVG Commercial Realty
Listing Agent: Samuel Patterson
815-762-0071
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Information deemed reliable but not guaranteed.
Midwest Real Estate Data LLC data last updated on October 08, 2026 03:47 PM - CT
Based on information submitted to the MLS GRID as of October 08, 2026 03:47 PM - CT. 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. Properties displayed may be listed or sold by various participants in the MLS. Some listings have been excluded from this website.
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Property Last Updated: October 08, 2026 03:47 PM - CT
