Closed

$129,900

402 Ottawa Avenue, Dixon, IL 61021
4 Beds3 Baths4 days
402 Ottawa Avenue·Dixon, IL 61021
4Bedrooms
3Bathrooms
1890Year Built
About This Home

Fantastic two apartment building has tons to offer & is a great investment property! The downstairs apartment is a 2 bedroom, 1.5 bath that has updated flooring in bathroom and living room. Bonus room & washer/dryer hookup. The upstairs is a 2 bedroom, 1 bath with updated flooring with an enclosed rear porch. The exterior was professionally painted in 2020. The Roof & gutters were new in 2019. The roof was a complete tear-off including new sheeting, & architectural shingles were installed. Other updates include new Windows, the downstairs installed in 2018 & the upstairs windows were installed in 2010. The Water Heaters were both replaced in 2018 & the Furnace was new in 2015. Home also has updated electrical panel box/wiring. Separate utilities for electric & gas, and tenants are responsible for their own bills. Landlord has been responsible for the water, sewer, & garbage. Appliances in both units stay. New sewer line from the house to street was installed in 2021. This is a great two unit property but could also be converted to a single family home and also has the option of being a three unit. Units vacant right now but upstairs unit rent should be $800 when occupied, Lower unit rent $850, when occupied. Tons of possibilities on this one! Call for a showing today!

MLS# 11992549Listed February 29, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms3
Total Rooms11

Size & Structure

Garage Spaces1
Year Built1890
Lot Size0.150 acres

Location

CountyLee
TownshipDixon
Zip Code61021

Financial

List Price$129,900
Annual Taxes (2022)$2,662
Monthly Tax Est.$222
Parcel #07080527700100
Interior Features

Heating

Natural Gas

Basement

UnfinishedPartial
Exterior & Lot

Construction

Fiber Cement
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$2,662
Tax Year 2022
Monthly Tax Est.
$222
per month
Property Location

402 Ottawa Avenue, Dixon, IL 61021Lee County

$129,900
402 Ottawa Avenue
4 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
4 days on market
1-car garage
0.150 acres
$2,662/yr taxes
$905
estimated monthly payment
Principal & Interest
$683/mo
Property Tax
$222/mo
$129,900
20% — $25,980
3%50%
6.875%
3%12%
Loan Amount
$103,920
Down Payment
$25,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Crawford Realty, LLC
Agent: Tim Crawford
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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