303 E Hillcrest Drive
DeKalb, IL 60115
$620,674
Price
8,900
Sq. Ft.
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303 E Hillcrest Drive DeKalb 303 E Hillcrest Drive DeKalb

Executive Summary

CRER is proud to present 303 E Hillcrest Drive, DeKalb IL 60115. Retail and office building. Excellent location and visibility.

Located on Hillcrest Drive (20,000 VPD) connecting to NIU Housing and the Local DeKalb community, this is the first time the property is being offered for sale in 40 years.

  • All leases are Gross
  • Low Expenses/Taxes
  • Ownership put in $234,000 in capital improvements to the property in 2021. New roof, part of the parking lot, electrical
  • Average Rent Per SF = $11.86

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Property Location

DeKalb » 60115 » 303 E Hillcrest Drive

Property Details

Status Closed
Listing Type For Sale
Property Type Office
Size 8,900 Sq. Ft.
Price $620,674
NOI $58,694
Cap Rate 9.5

Broker Contact

Luke Kingsbury

Mobile: 815-600-6083

Office: 773-327-9300

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CRER has the expertise required to handle a variety of distressed situations including the management, leasing and repositioning of under-performing real estate.

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