Income producing multi-family investment property. Currently generates $2,225 in monthly rent and tenants are responsible for all utilities. TLC is needed but all units have had some recent updates like furnaces and water heaters. This multi-family parcel is located next door to the Dixon Historic Center, has 3 separate buildings: 2 duplexes, 1 single family home plus a 4 car garage. Property consists of 418 S Peoria which has two 1 bedroom, 1 bath units; 422 S Peoria which has one 2 bedroom, 1 bath unit and one 3 bedroom, 1 bath unit; and 215 W 5th Street which is a 3 bedroom, 1 bath single family home.
Sold for $249,000 on 02/28/24
$249,000
420 S Peoria Ave, Dixon, IL 61021
--beds
0baths
1,056sqft
MultiFamily
Built in 1915
-- sqft lot
$242,700 Zestimate®
$236/sqft
$854 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 1,056 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Wood
Lot
- Size: 0.34 Acres
Details
- Parcel number: 070805258003
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1915
Community & neighborhood
Location
- Region: Dixon