Closed

$179,000

609 Third Street, Dixon, IL 61021
4 Beds4 Baths88 days
609 Third Street·Dixon, IL 61021
4Bedrooms
4Bathrooms
1959Year Built
About This Home

Investors take note, this special property features 2 commercial/retail spaces plus two rental upper apartments. Each apartment features two bedrooms, 1 bath, laundry and very open and spacious floor plan (1136 sqft.). Extra wide steps allow for ease of move. In addition to the two commercial spaces on main floor there is a full basement. HVAC newer on the main floor, upper units BB Heat and new sewer pipe. Central Air down, zoned B2. General Business 2263 sqft per level as per appraisal. Approx 1130 sqft. per upper rental. Current upper rent, $500 and $450. Lower tenant was $900, 2nd lower was $675. Seller paid all utilities on main floor and tenants paid all utilities up. Owners storage closet at top of steps. Roof approx 8-10 Years. Sellers expenses- Insurance $2286.00, Electric $1682, Gas $510, Garbage $375.16. Past income $900x12=10,800, $675x12=8100, apt. $500x12=6000, $450x12=5400. As per seller-- Basement walls are at least 12" thick, floor between levels are 6" poured, reinforced cement. Walls on ground floor are cement block- up to ledge in the apartments, then apartments were finished with 1x6 not 1 x 4.

MLS# 12139051Listed August 16, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms4
Total Rooms10

Size & Structure

Year Built1959
Lot Size0.060 acres

Location

CountyLee
TownshipDixon
Zip Code61021

Financial

List Price$179,000
Annual Taxes (2023)$3,261
Monthly Tax Est.$272
Parcel #07080518300600
Interior Features

Heating

Natural GasBaseboard

Basement

UnfinishedFull
Exterior & Lot

Construction

Other

Roof

Asphalt

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Public
Tax & Financial
Annual Taxes
$3,261
Tax Year 2023
Monthly Tax Est.
$272
per month
Property Location

609 Third Street, Dixon, IL 61021Lee County

$179,000
609 Third Street
4 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
88 days on market
0.060 acres
$3,261/yr taxes
$1,212
estimated monthly payment
Principal & Interest
$941/mo
Property Tax
$272/mo
$179,000
20% — $35,800
3%50%
6.875%
3%12%
Loan Amount
$143,200
Down Payment
$35,800

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

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

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