Rock Falls, IL 61071,1201 Dixon Avenue
Rock Falls, IL 61071,1201 Dixon Avenue
Rock Falls, IL 61071,1201 Dixon Avenue
Rock Falls, IL 61071,1201 Dixon Avenue
Rock Falls, IL 61071,1201 Dixon Avenue
Rock Falls, IL 61071,1201 Dixon Avenue
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Listed by JD Gieson • Re/Max of Rock Valley
Bought with NON-NWIAR Member • NorthWest Illinois Alliance of REALTORS®

$2,090,650

$2,100,000

0.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3 Beds

3,800 SqFt


SOLD DATE : 09/19/2024

Key Details

Sold Price $2,090,650

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,800 sqft

Price per Sqft $550

Subdivision Il

MLS Listing ID 202404940

Sold Date 09/19/24

Style 2 Story

Bedrooms 3

Annual Tax Amount $32,840

Tax Year 2023

Property Sub-Type 5+ Units

Property Description

Huge investment opportunity! This complex is composed of 44 total residential units, stretching across 5 buildings, all on one parcel. 4, 8-unit 1 bedroom apartments, and a 5th featuring 6, 2 bedroom and 6, 1 bedroom units. Tenants responsible for all utilities. Each building features brand new sewer lines. Two 8 unit buildings were subject to massive renovation projects including, but not limited to, all new plumbing, roofs, windows, doors, covered porch, and siding. Said units are just awaiting final touches and interior completion, to maximize rental capabilities. Many materials already acquired and ready to go. Garbage & exterior parking provided. Possible additional income potential could be achieved through operation of coin laundry on the premises. Add some sweat equity, and let your passive income dreams be accomplished all in one place!

Location

State IL

County Whiteside County

Area Whiteside County

Interior

Hot Water Electric

Heating Baseboard

Cooling Wall Unit

Exterior

Exterior Feature Brick/Stone, Vinyl

Garage Spaces 60.0

Roof Type Shingle

Building

Sewer City

Water City

Schools

Elementary Schools Other/Outside Area

Middle Schools Other/Outside Area

High Schools Other/Outside Area

School District Other/Outside Area

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Danielle Cline

Elevating Dreams, Building Wealth, Enhancing Communties

+1(815) 701-3326

dcline@dcrisere.com

322 N Main St, Galena, IL, 61036, United States

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