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1121 W Hillcrest & 1115 N Annie Glidden 2 Properties Offered at $4,699,924 CAD in Dekalb, IL
Executive Summary
Offered for sale is the portfolio located at 1121 W.? Hillcrest Drive and 1115 N.? Annie Glidden Road, DeKalb, Illinois.? 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.?
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.?
Property Facts
| Price | $4,699,924 CAD | Number of Properties | 2 |
| Price / SF | $92.41 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 5.82% | Total Building Size | 50,861 SF |
| Sale Type | Investment | Total Land Area | 4.52 AC |
| Status | Active |
| Price | $4,699,924 CAD |
| Price / SF | $92.41 CAD / SF |
| Cap Rate | 5.82% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 50,861 SF |
| Total Land Area | 4.52 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
College Park
1121 W Hillcrest Dr, Dekalb, IL 60115 |
Multifamily | 40,440 SF | 1996 | - |
|
ANNIE GLIDDEN ROADHOUSE
1115 N Annie Glidden Rd, Dekalb, IL 60115 |
Specialty | 10,421 SF | 1991 | - |
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1121 W Hillcrest & 1115 N Annie Glidden
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