Sold
Last Sold Price
641 Palmyra Rd, Dixon, IL 61021
Mixed UseProperty Type
0.02 acresLot Size
1968Year Built
30 carsParking Spaces

Description

Large building formerly known as The White House restaurant offering aprox. 6000 sq ft and a large parking lot. Roof replaced in 2013. Sold As-Is, Pre-Approval letter required upon any offer, Would prefer to sell as a package with adjoining parcels know as 639 Palmyra MLS 10771405 & 643 Palmyra MLS10771755. Currently part of a larger parcel and the taxes will be re-figured as parcels get formally divided off. Current proposed division in pictures attached. Buyer to verify any and all zoning.Large building formerly known as The White House restaurant offering aprox. 6000 sq ft and a large parking lot. Roof replaced in 2013. Sold As-Is, Pre-Approval letter required upon any offer, Would prefer to sell as a package with adjoining parcels know as 639 Palmyra MLS 10771405 & 643 Palmyra MLS10771755. Currently part of a larger parcel and the taxes will be re-figured as parcels get formally divided off. Current proposed division in pictures attached. Buyer to verify any and all zoning.

    Sold By Sauk Valley Properties LLC

    • Listed by: Beth Wilson 815.440.8307 beth@saukvalleyproperties.com • Sauk Valley Properties LLC
    Listing closed: 08/25/2020 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 10771727

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    Recent comparable sales

    Median sold price

    $250,000

    Avg days on market

    128

    Sale-to-list ratio

    90.5%

    Dixon, IL

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    Square Feet
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    Bedrooms
    1
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    768
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    Acres

    Location

    Add your commute

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    30 year fixed, 7.03% Interest

    Principal and Interest

    $534

    Property Taxes

    $486

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    Property Information for 641 Palmyra Road

    Property Details
    • Taxes: $5,827 / year
    • MLS Type: Commercial Sale
    • County: Lee County
    • Area: Dixon / Nelson
    • Township: Dixon
    • Air Conditioning Type: Central Air
    • Zoning: OTHER
    Building Information
    • Stories: 1
    • Residences: 1
    • Year Built: 1968
    • Lot Size: 0.02 AC / 999 SF
    General Information
    Location and General Information
    • Geographic Locale: Far West
    • Information: None
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Air
    • Electric: Other
    • Heat/Ventilation: Forced Air
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 0
    Property/Lot Information
    • Tenant Pays: Other
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 999
    • Lot Size Square Feet: 999.0
    • Stories: 1
    • Fire Protection: Other
    • # Of Offices: 0
    • # Of Stores: 0
    • Property Sub Type: Mixed Use
    Property and Assessments
    • Public Document Count: 1
    • Document Date: 2020-07-07T17:17:24
    • Photos Count: 22
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 1
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $.00
    • Gross Scheduled Income: $.00
    • Insurance Expense: $.00
    • Total Monthly Income: 0
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $.00

    Property History for 641 Palmyra Road

    DateEvent & SourcePriceAppreciation
    Aug 25, 2020

    Sold (Public Record)

    Public Record #1405821827

    $171,000

    -1.5% / yr

    Aug 25, 2020

    Sold

    MRED #10771727

    $100,000—
    Jul 7, 2020

    Pending

    MRED #10771727

    —
    DateEvent & SourcePrice
    08/25/2020

    Sold (Public Record)

    Public Record #1405821827

    $171,000

    -1.5% / yr

    08/25/2020

    Sold

    MRED #10771727

    $100,000
    07/07/2020

    Pending

    MRED #10771727

    —

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 641 Palmyra Road

    Taxable ValueLand$47,231Additions$37,785Total$85,016
    Tax Record2025$7,994 ($666 / month)
    Home Facts
    Lot Size87,120 SqFtStyleMiscellaneous CommercialCountyLEEAPN07-02-31-328-009

    Schools near 641 Palmyra Road

    This home is within Dixon Community Unit School District 170.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 1
    Public - 2 to 3
    Public - 4 to 5
    Public - 6 to 8
    Rating
    School
    Distance
    Washington Elementary School
    PublicPK to 1

    Lincoln Elementary School
    Public2 to 3

    Madison School
    Public4 to 5

    Reagan Middle School
    Public6 to 8

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 641 Palmyra Road, Dixon, IL 61021
    $100,000
    –
    –
    –
    999
    $165,000
    3
    2,188
    97,574
    –
    –
    –
    –
    –
    $70,000
    2
    1,680
    83,635
    $30,000
    –
    1
    1,091
    237,402
    $287,000
    4
    2,800
    –

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Sauk Valley Properties LLC

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 08/03/2023 12:39 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.