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837 W Hillcrest Dr
Dekalb, IL 60115
Husky Ridge Apartments · Multifamily Property For Sale
·
105 Units
INVESTMENT HIGHLIGHTS
- 14 Building Portfolio with a Great Unit Mix
- Priced Well Below Replacement Cost
- Potential to Boost Rent with Light Upgrades
- Strong Location near Northern Illinois University
PROPERTY FACTS
| No. Units | 105 | Building Size | 94,000 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.06/1,000 SF |
| Lot Size | 3.51 AC | ||
| Zoning | R-3 | ||
| No. Units | 105 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.51 AC |
| Building Size | 94,000 SF |
| Average Occupancy | 99% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.06/1,000 SF |
| Zoning | R-3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Refrigerator
- Wi-Fi
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Wi-Fi
- Online Services
- Walk-Up
- Smoke Detector
ABOUT 837 W HILLCREST DR , DEKALB, IL 60115
Monarch Realty Partners is pleased to exclusively offer for purchase the Husky Ridge Apartments, a portfolio of 105 units across 14 buildings near Northern Illinois University in DeKalb, Illinois. This portfolio presents an attractive unit mix of forty-two [42] 3-bedroom units and fifty-eight [58] 2-bedroom units available in both town-home layouts featuring 3BR/1.1BA and 2BR/1.1BA apartments, as well as classic walk ups with 3BR/1BA, 2BR/1BA and 2BR/2BA layouts. Additionally, there are five [5] 1BR/1BA units. The majority of apartments have favorable layouts with separate dining and living rooms, and several buildings supply tenants with in-unit laundry machines. Base building operations include majority copper plumbing; tenant-paid electric baseboard heat; and sleeve A/C. Each building has a parking lot and is situated within a short walk to NIU's Husky Line bus route.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 3 | - | - |
| 2+1 | 30 | - | - |
| 2+2 | 28 | - | - |
| 3+1 | 32 | - | - |
| 3+2 | 10 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,914,326 | |
| Land Assessment | $359,465 | Total Assessment | $2,273,791 |
PROPERTY TAXES
