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21-Unit Brick Apartment Property
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819 831 & 837 Hillcrest Dr., Dekalb, IL 60115

Three well-maintained brick buildings offer spacious units with in-unit laundry and separately metered electric and gas service.

Property Size1,470 SF
Price / SF$1,394
Days on Market110

Property Features for 819 831 & 837 Hillcrest Dr.

General Information

Standard status Active
Size 1,470 SF
Property subtype Multifamily
Net Operating Income $159,468

Additional Details

Multifamily Units 21

Amenities

individual washer/dryer

Building Details

Buildings 3
Construction brick
Listing Agency: Citypoint Illinois LLC
Listed By: Phu Nguyen · License #IL 475190041
Source: Crexi
Added: May 22 Changed: Sep 5 Last Checked: Sep 8 at 3:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Citypoint Illinois LLC

Investment Insights

Based on property information with market context.

This 21-unit apartment property comprises three brick buildings containing 6, 7, and 8 units. The residences are described as spacious and ready for occupancy, with individual washer and dryer sets in every unit. Exterior improvements include window replacements completed within the last 5 years. Each building has separate electric and gas meters, while residents pay unit utilities other than water.

Heating is provided by electric baseboard systems in two buildings and gas-heated water baseboards in the third. The property also provides more than one parking space per unit. Located at 819, 831 & 837 Hillcrest Dr. in DeKalb, Illinois, the asset may be packaged with additional buildings owned by the seller in the same area.

Key Highlights

  • 21 units across three brick buildings: 6‑unit, 7‑unit, and 8‑unit configurations
  • Window replacements completed in all buildings within the last 5 years
  • Individual washer/dryer sets provided in every unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Big Box & Wholesale Store Auto Repair Shop Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21
Residential units

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby

Demographics for 60115, IL

42,103
Population
18,175
Households
2.3
Avg Household Size
29
Median Age
36%
College-Educated
90%
High-School Grad
81.0 sq mi
ZIP Area
520
Density / Sq Mi
$46,808
Median Household Income
$22,838
Median Earnings
$1,018
Median Rent
$205,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three well-maintained brick buildings offer spacious units with in-unit laundry and separately metered electric and gas service.
Where is this apartment building located?
The property is located at 819 831 & 837 Hillcrest Dr. Dekalb, IL.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: 21 units across three brick buildings: 6‑unit, 7‑unit, and 8‑unit configurations; Window replacements completed in all buildings within the last 5 years; Individual washer/dryer sets provided in every unit
(847) 744-5003 Call to check price and availability
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