707 E Dixon Street, Polo, IL

$349,000

Previous Next

1.50

Acres

About 707 E Dixon Street

Investment Opportunity - Well-Maintained 5-Unit Brick Apartment Building! Excellent income-producing opportunity with a strong long-term rental history. This solid brick 5-unit apartment building features three spacious 2-bedroom units and two 1-bedroom units, providing a desirable unit mix for tenants. All apartments are currently rented. The property includes 6 garage spaces, with each tenant having access to a garage, plus an additional garage and storage area that can be utilized by the owner or rented for additional income. Tenants enjoy a large shared courtyard, on-site coin-operated laundry, and ample outdoor space on this 1.5 acre property. Utilities are tenant-friendly, with electricity paid by tenants, while the owner covers water, sewer, and garbage expenses. The roof was replaced approximately 10 years ago, adding to the property's overall appeal and value. Whether you're expanding your investment portfolio or seeking a stable, income-generating property, this well-maintained apartment building offers consistent rental demand and excellent upside potential.

Features of 707 E Dixon Street

MLS® # 12673136
Price $349,000
Bathrooms 0.00
Acres 1.50
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 707 E Dixon Street
Area Polo
City Polo
County Ogle
State IL
Zip Code 61064

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No
Basement None

Exterior

Exterior Brick
Roof Composition
Foundation Concrete Perimeter

Additional Information

Days on Market 48
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHeartland Realty 11 LLC

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?