707 E Dixon ST, Polo, IL 61064
707 E Dixon ST, Polo, IL 61064
707 E Dixon ST, Polo, IL 61064
707 E Dixon ST, Polo, IL 61064
707 E Dixon ST, Polo, IL 61064
707 E Dixon ST, Polo, IL 61064
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$ 349,000
Est. payment | /mo

1.5 Acres Lot


Save
$ 349,000
Est. payment | /mo
Save

1.5 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12673136

Maintenance Fees $221

Annual Tax Amount $8,134

Tax Year 2025

Lot Size 1.500 Acres

Lot Dimensions 230x301x230x301

Property Sub-Type Multi Family 5+

Property Description

Investment Opportunity - Well-Maintained 5-Unit Brick Apartment Building! Excellent income-producing opportunity with a strong long-term rental history. This solid brick 5-unit apartment building features three spacious 2-bedroom units and two 1-bedroom units, providing a desirable unit mix for tenants. All apartments are currently rented. The property includes 6 garage spaces, with each tenant having access to a garage, plus an additional garage and storage area that can be utilized by the owner or rented for additional income. Tenants enjoy a large shared courtyard, on-site coin-operated laundry, and ample outdoor space on this 1.5 acre property. Utilities are tenant-friendly, with electricity paid by tenants, while the owner covers water, sewer, and garbage expenses. The roof was replaced approximately 10 years ago, adding to the property's overall appeal and value. Whether you're expanding your investment portfolio or seeking a stable, income-generating property, this well-maintained apartment building offers consistent rental demand and excellent upside potential.

Location

State IL

County Ogle

Area Polo

Rooms

Basement None

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Sewer Connected

Roof Type Composition

Building

Dwelling Type Multi Family 5+

Water Municipal Water

Structure Type Brick

Others

HOA Fee Include Water,Parking,Lawn Care

Midwest Real Estate Data (MRED) IDX
Listed by Nancie Dempsey of  Heartland Realty 11 LLC 
Legacy Property Management

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9200

propertymanagement@legacypropertiesil.com

1350 Remington Rd, Suite B, Schaumburg IL, Other

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707 E Dixon ST