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Fraternity Apartment Building
For Sale
$850,000

910 West Hillcrest Drive, Dekalb, IL 60115

Configured for fraternity operations with communal areas, study rooms, chapter space, and a commercial kitchen.

Property Size13,170 SF
Price / SF$64.54
Days on Market373

Property Features for 910 West Hillcrest Drive

General Information

Standard status Active
Size 13,170 SF
Total Parking Spaces 32
Property subtype Multi Family 5+ / Rooming House/Sro
Zoning MULTI
Net Operating Income $94,000

Additional Details

Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $12,111

Amenities

chapter rooms
meeting rooms
study spaces
commercial kitchen
security cameras

Building Details

Year Built 1969
Buildings 1
Stories 2
Construction masonry
Tenancy Single
Listing Agency: Berkshire Hathaway HomeServices Chicago
Listed By: Ariel Marini · License #475151565
Source: Compass
Added: Oct 7, 2025 Changed: Oct 10 Last Checked: Oct 12 at 10:23PM

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 Berkshire Hathaway HomeServices Chicago

Investment Insights

Based on property information with market context.

910 West Hillcrest Drive is a 13,170-square-foot, two-story masonry apartment building with an English basement and 30 rooms. The interior includes multiple communal bathrooms, chapter and meeting rooms, dedicated study areas, and a commercial kitchen. Its configuration is designed for fraternity use and extended occupancy, with Phi Kappa Theta occupying the property for more than 20 years.

The building sits in NIU’s Greek Row in DeKalb and includes MULTI zoning. Property improvements include a tear-off roof installed in 2024, fire suppression systems, and security cameras. Outdoor amenities include a sand volleyball court, an outdoor recreation area, and a 32-car parking lot. The property is offered as part of a portfolio.

Key Highlights

  • 13,170‑square‑foot, two‑story masonry building with an English basement
  • 30 rooms with communal bathrooms, chapter and meeting rooms, and study areas
  • Commercial kitchen supports the property’s fraternity‑oriented layout

Property Analytics

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Current Use

Phi Kappa Theta Volunteer Organization

Suggested Use

Top Pick Law Firm Electrical Service Big Box & Wholesale Store Auto Parts Store Plumbing Service Skin Care Clinic

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

Single-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

476
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Configured for fraternity operations with communal areas, study rooms, chapter space, and a commercial kitchen.
Where is this apartment building located?
The property is located at 910 West Hillcrest Drive Dekalb, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 13,170‑square‑foot, two‑story masonry building with an English basement; 30 rooms with communal bathrooms, chapter and meeting rooms, and study areas; Commercial kitchen supports the property’s fraternity‑oriented layout
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