119 West 1st Street

Dixon, IL 61021

$499,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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!

Property Details for 119 West 1st Street

Area
Dixon / Nelson
Zoning
COMMR

Location

Listing Courtesy of Crawford Realty, LLC
Add your commute
LISTING UPDATED: 05/05/2024 12:07 AM

Property Details for 119 West 1st Street

StatusActive
MLS #11267214
Days on Market920
Taxes$5,521 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1901
Lot Size0.07 AC / 2,880 SF
CountyLee County

Location

Listing Courtesy of Crawford Realty, LLC
Add your commute

Building Information for 119 West 1st Street

Stories-Residences3Year Built1901Lot Size0.07 AC / 2,880 SF

Payment Calculator

$3,183 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,723

Property Taxes

$460

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 119 West 1st Street

General Information
Addtl Parking Information
  • Open Parking Spaces: 0.0
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Out of Area
  • Information: 24-Hr Notice Required,List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Zoned
  • Electric: Circuit Breakers
  • 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: 24X120
  • Lot Size Square Feet: 2880.0
  • Stories: 3
  • Fire Protection: Sprinklers-Wet
  • # Of Offices: 11
  • Office SqFt: 8280
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 35
Miscellaneous
  • Current Use: Commercial
  • Location: Central Business District
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 11-12-2021
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $300.00
  • Fuel Expense: $113.00
  • Gross Income: $60,000.00
  • Gross Scheduled Income: $60,000.00
  • Insurance Expense: $451.00
  • Insurance Expense Source: Owner Projection
  • Total Monthly Income: 5000
  • Other Expense: $337.62
  • Trash Expense: $.00
  • Water Sewer Expense: $59.00

Property History for 119 West 1st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 119 West 1st Street

Taxable ValueLand$14,636Additions$43,134Total$57,770
Tax Record2021$5,521 ($460 / month)
Home Facts
StyleMiscellaneous CommercialCountyLEEAPN07-08-05-206-017

Schools near 119 West 1st Street

This home is within Dixon Community Unit School District 170.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicPK to 1

Madison School
Public4 to 5

Reagan Middle School
Public6 to 8

Dixon High School
Public9 to 12

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.

Similar Homes

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119 West 1st Street is a mixed use property for sale in Dixon, IL 61021. This property was listed for sale on November 10, 2021 by Crawford Realty, LLC, it's currently listed at $499,000. This listing's school district is Dixon Community Unit School District 170. Nearby schools include Washington Elementary School, Madison School and Reagan Middle School. 119 West 1st Street is a 0-bed, 0-bath, mixed use property built in 1901.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crawford Realty, 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. Based on information submitted to the MLS GRID as of 05/05/2024 12:07 AM. 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.