$2,090,650
$2,100,000
0.4%For more information regarding the value of a property, please contact us for a free consultation.
1201 Dixon AVE Rock Falls, IL 61071
Key Details
Sold Price $2,090,650
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12154103
Sold Date 09/19/24
Year Built 1973
Annual Tax Amount $32,840
Tax Year 2023
Lot Dimensions 326.75X262.68X300X394
Property Sub-Type Multi Family 5+
Property Description
Huge investment opportunity! This complex is composed of 44 total residential units, stretching across 5 buildings, all on one parcel. 4, 8-unit 1 bedroom apartments, and a 5th featuring 6, 2 bedroom and 6, 1 bedroom units. Tenants pay all utilities. Each building features brand new sewer lines. Two 8 unit buildings were subject to massive renovation projects including, but not limited to, all new plumbing, roofs, windows, doors, covered porch, and siding. Said units are just awaiting final touches and interior completion, to maximize rental capabilities. Many materials already acquired and ready to go. Garbage & exterior parking provided. Possible additional income potential could be achieved through operation of coin laundry on the premises. Add some sweat equity, and let your passive income dreams be accomplished all in one place!
Location
State IL
County Whiteside
Area Rock Falls
Zoning COMMR
Interior
Cooling Wall Sleeve
Fireplace N
Exterior
Utilities Available Sanitary Sewer, Water-Municipal
Building
Level or Stories 2
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Merdita Heald • RE/MAX Sauk Valley