1201 Dixon Avenue

1201 Dixon Ave
Rock Falls, IL 61071

$1,690,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Don't miss your opportunity to own this investment property! 5 apartment buildings with 44 units. Four buildings (1201/1203 Dixon Ave and 432/438 Martin Rd) Are two story buildings that include 8 one bedroom, one bathroom apartments and 6 two bedroom, one bathroom apartments. Additional income from coin operated laundry building which includes 3 washers and 4 dryers, centrally located between all buildings. Parking includes 32 carports and a concrete parking lot. Tenants pay all utilities. Ownr pays...

Property Details for 1201 Dixon Avenue

Status
New
Area
Rock Falls
Township
Coloma

Location

Listing Courtesy of Re/Max Sauk Valley

Property Details for 1201 Dixon Avenue

StatusNew
MLS #11119858
Days on Market3
Taxes$34,834.9 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Garden Complex
Year Built1973
Lot Size-
CountyWhiteside

Contact a Compass agent

Location

Listing Courtesy of Re/Max Sauk Valley

Building Information for 1201 Dixon Avenue

Stories-Residences-Year Built1973Building Size-Lot Size-

Payment Calculator

$8,567 per month

30 year fixed, 2.95% Interest

Principal and Interest

$5,664

Property Taxes

$2,903

HOA Dues

$0

Property Information for 1201 Dixon Avenue

General Information
    Addtl Parking Information
  • Outdoor Parking: 51-100 Spaces, Assigned Spaces, Covered, Paved
Property Information
    Utilities / Equipment
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
    Property/Lot Information
  • Owners Association?: No
  • Tenant Pays: Electric, Water/Sewer
  • Year Built: 1973
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Property Type: Multi Family 5+
  • Multi-Family Type: Garden Complex
  • Lot Dimensions: 326.75X262.68X300X394
  • Zoning Type: COMMR
  • Num Of Units: 44
  • Exterior Building Type: Brick
  • Fire Protection: Fire Extinguisher/s
    Miscellaneous
  • Current Use: Residential-Multi-Family
  • Frontage Access: City Street, Public Road
    Virtual Tour/Additional Media
  • Virtual Tour YN: false
Multi-Unit 2-4 Information
    Unit 1 Information
  • Num Of Bdrms: 1
  • Num Of Full Bthrms: 1
  • Num Of Rooms: 4
  • Num Of Units: 8
  • Monthly Income: 350
  • Monthly Income Max: $450
    Unit 2 Information
  • Num Of Bdrms: 1
  • Num Of Full Bthrms: 1
  • Num Of Rooms: 4
  • Num Of Units: 8
  • Monthly Income: 370
  • Monthly Income Max: $430
    Unit 3 Information
  • Num Of Bdrms: 1
  • Num Of Full Bthrms: 1
  • Num Of Rooms: 4
  • Num Of Units: 8
  • Monthly Income: 375
  • Monthly Income Max: $450
    Unit 4 Information
  • Num Of Bdrms: 1
  • Num Of Full Bthrms: 1
  • Num Of Rooms: 4
  • Num Of Units: 8
  • Monthly Income: 380
  • Monthly Income Max: $470
Multi-Unit 5+ Information
    Building Features
  • Num Of Dryers: 4
  • Num Of Ranges: 44
  • Num Of Refrigs: 44
  • Num Of Washers: 3
  • Num Of Window/AC: 44
  • Heat Ventilation: Baseboard, Separate Per Unit
  • Misc Outside: Storms and Screens (as exist)
    Unit 5 Information
  • Num Of Bdrms: 2
  • Num Of Full Bthrms: 1
  • Num Of Rooms: 5
  • Num Of Units: 6
  • Monthly Income: 395
  • Monthly Income Max: $550
    Unit 6 Information
  • Num Of Bdrms: 1
  • Num Of Full Bthrms: 1
  • Num Of Rooms: 4
  • Num Of Units: 6
  • Monthly Income: 395
  • Monthly Income Max: $550
    Unit 7 Information
  • Num Of Bdrms: 0
  • Num Of Rooms: 0
  • Num Of Units: 0
  • Monthly Income: 0
    Income / Expense Information
  • Electricity Expense: 0
  • Fuel Expense: 0
  • Gross Rent Multiplier: 8
  • Gross Rental Income: 201180
  • Insurance Expense Source: Actual
  • Net Operating Income: 0
  • Other Expenses: 0
  • Repairs Decor Expense: 0
  • Scavenger Expense: 0
  • Total Annual Expenses: 0
  • Total Annual Income: 201180
  • Total Monthly Income: 16765
  • Water Expense: 0

Property History for 1201 Dixon Avenue

DateEvent & SourcePriceAppreciation
Jun 11, 2021

Listed (Active)

MRED #11119858

$1,690,000
DateEvent & SourcePrice
06/11/2021

Listed (Active)

MRED #11119858

$1,690,000

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

Schools near 1201 Dixon Avenue


SchoolTypeGradesDistanceRating
East Coloma - Nelson Elementary SchoolPublicK-80.4 mi
5
THOME ED SCHOOLPublic0.7 mi
NR
Rock Falls Township High SchoolPublic9-121.8 mi
7

East Coloma - Nelson Elementary School

K-8, 0.4 mi, Public

5

THOME ED SCHOOL

0.7 mi, Public

NR

Rock Falls Township High School

9-12, 1.8 mi, Public

7

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1201 Dixon Avenue is a multi-family home for sale in Rock Falls, IL 61071. This property was listed for sale on June 11, 2021 by Re/Max Sauk Valley at $1,690,000. Nearby schools include East Coloma - Nelson Elementary School, THOME ED SCHOOL and Rock Falls Township High School. 1201 Dixon Avenue is a 0-bed, 0-bath, multi-family home built in 1973. This address can also be written as 1201 Dixon Ave.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max Sauk Valley

The information provided by Midwest Real Estate Data LLC ("MRED") as distributed by MLS GRID is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by MRED and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. © MRED All Rights Reserved.