119 W 1st Street Dixon, IL ^$ 499,000

119 W 1st Street

^$ 499,000

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119 W 1st Street

Dixon, IL, 61021

^$ 499,000

Studio Baths0.0

Monthly Estimate*

^$ 3,317

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Studio

Commercial Property for sale in Dixon, IL

for $499,000. This building was built in 1901 on a lot size of 0.066116.

Fabulous 3 story office building in beautiful, historic downtown Dixon. This building is a one of a kind showpiece. It features 3 full floors of finished space plus an elevator (if similar elevator installed total cost would be around $250,000), wheelchair access and sprinkler system. This building also features exposed brick and stone walls. The 3rd floor skylight allows natural light to stream in all the way to the first floor. It really is a must see! Each floor could be rented separately or divided up. If building was rented out at full capacity at the going rate of $7 dollars per square foot, the yearly gross would be $69,552. Tons of rental potential, current leases are month to month. Call today!

Commercial Active

Price

^$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,521

Style

Commercial

Lot Size

0.066116

Year Built

1901

Town/City

Dixon

County/Region

Lee

MLS | Web ID

11267214

Features

General

Cooling Central Air Zoned

Zoning COMMR

Year Built 1901

Electric Circuit Breakers

Tenant Pays Other

Stories 3

Property SubType Mixed Use

Tax Year 2022

Current Use Commercial

Gross Income 60000

County Lee

Insurance Expense 451

Property Type Commercial Sale Mixed Use

Status Active

Directions North on Galena and West on 1st Street / Downtown

City Dixon

NumberOfUnitsTotal 3

MLS Area Dixon / Nelson

Lot Size Square Feet 2880

Street Name 1st

Tax Annual Amount 5521.44

Electric Expense 300

Fuel Expense 113

Trash Expense 0

Water Sewer Expense 59

Additional Parcels Y/N N

Days on Market 908

Standard Status Active

Exterior

Lot Dimensions 24X120

Frontage Type City Street

Interior

Street Suffix Street

* Excluded Features

List By

Crawford Realty, Llc

Broker

Cynthiaadcock1@gmail.com

Affordability Calculator

$3,777

Per Month

Monthly Principal & Interest: $3,317
Monthly Property Taxes: $460
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Dixon, IL

Average List Price ^$481,190

Percent of Sale Price 4%

About Dixon, IL

15,743 Population

8% Since 2002

^$54,429 Median Income

40.45 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/29/2024	$499,000		Listed Price

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119 W 1st Street, Dixon, IL, 61021 is a Commercial Property for sale at $499,000 with a lot size of 0.066116. 119 W 1st Street is a studio with 0.0 baths and was built in 1901. The property's zip code is 61021 which is in Dixon, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/10/2024.

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119 W 1st Street

Commercial Property for sale in Dixon, IL

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