30
See all 30 photos
$349,000
Est. payment /mo
1.5 Acres Lot
Price Dropped by $10K
707 E Dixon ST Polo, IL 61064
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
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
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Nancie Dempsey of Heartland Realty 11 LLC
GET MORE INFORMATION