0 Hillcrest & Kimberly Drive

DeKalb, IL 60115

$2,400,000
Price
51
Beds
121
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Enjoy a 10% CAP on your investment from these 3 leased Fraternity Houses. Noi $236,539. This assemblage consists of 910 & 928 Hillcrest + 918 Kimberly. 80 rooms + apt. Block & Brick construction. Built 1966, 1969 & 1966. Adequate off-street parking. Wet Sprinkler compliant.Enjoy a 10% CAP on your investment from these 3 leased Fraternity Houses. Noi $236,539. This assemblage consists of 910 & 928 Hillcrest + 918 Kimberly. 80 rooms + apt. Block & Brick construction. Built 1966, 1969 & 1966. Adequate off-street parking. Wet Sprinkler compliant.
  1. Listed by Denise Weinmann • RVG Commercial Realty

Property Details for 0 Hillcrest & Kimberly Drive

Area
De Kalb
Township
DeKalb
Num Of Parking Spaces
70.0

Location

Listing Courtesy of RVG Commercial Realty
Add your commute
LISTING UPDATED: 07/13/2023 12:07 AM

Property Details for 0 Hillcrest & Kimberly Drive

StatusActive
MLS #11825497
Days on Market576
Taxes$49,441 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Rooming House/Sro
Year Built1960
Lot Size1.62 AC / 70,437 SF
CountyDeKalb County

Location

Listing Courtesy of RVG Commercial Realty
Add your commute

Building Information for 0 Hillcrest & Kimberly Drive

Stories-Residences81Year Built1960Building Size-Lot Size1.62 AC / 70,437 SF

Payment Calculator

$17,218 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,098

Property Taxes

$4,120

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 Hillcrest & Kimberly Drive

General Information
Addtl Parking Information
  • Outdoor Parking: 51-100 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required,Show-Key in Listing Office,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Hot Water,Radiators
  • Num of Baths: 121.0
Property/Lot Information
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Rooming House/SRO
  • Lot Dimensions: 1.617
  • Lot Size Square Feet: 70437.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick, Block
  • Roof Type: Composition
  • Fire Protection: Fire Extinguisher/s,Sprinklers-Wet
  • Roof Structure: Flat,Pitched
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 30590
  • Lot Size Source: County Records
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 4
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 81
Income & Expenses
  • Electric Expense: $20,775.00
  • Fuel Expense: $32,800.00
  • Gross Income: $395,100.00
  • Gross Scheduled Income: $395,100.00
  • Insurance Expense: $16,335.00
  • Maintenance Expense: $7,462.00
  • Total Annual Expense Source: Owner Projection
  • Janitor Expense: 0
  • Total Monthly Income: 32925
  • Net Operating Income: $236,539.00
  • Operating Expense: $158,561.00
  • Other Expense: $14,000.00
  • Trash Expense: $7,200.00
  • Water Sewer Expense: $5,600.00
Unit 1
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 30
Unit 2
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 30
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 20
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 0 Hillcrest & Kimberly Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 Hillcrest & Kimberly Drive

This home is within Dekalb Community Unit School District 428.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Jefferson Elementary School
PublicK to 5

Clinton Rosette Middle School
Public6 to 8

De Kalb High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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0 Hillcrest & Kimberly Drive is a multi-family home for sale in DeKalb, IL 60115. This property was listed for sale on July 6, 2023 by RVG Commercial Realty, it's currently listed at $2,400,000. This listing's school district is Dekalb Community Unit School District 428. Nearby schools include Jefferson Elementary School, Clinton Rosette Middle School and De Kalb High School. 0 Hillcrest & Kimberly Drive is a 51-bed, 121-bath, multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RVG Commercial Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.