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$2,090,650

1201 Dixon Avenue
Rock Falls, Illinois 61071

Closed / MLS #12154103 / Multiple Family / Rock Falls
Listing information updated 9/23/2024 at 3:03pm
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!
Exterior Type:
Brick
Water Front:
No
Square Feet:
N/A
Built:
1973
Cooling System:
Wall Sleeve
Stories:
2
Current Use:
Multi-Family
Zoning:
COMMR
Unit 1:
4 room(s) / 1 bed(s) / 1 bath(s)
Unit 2:
5 room(s) / 2 bed(s) / 1 bath(s)
Tax Amount:
$32,840
Tax Year:
2023
Zip Code:
61071
City:
Rock Falls
County:
Whiteside

Listing Office: RE/MAX of Rock Valley

Listing Office Phone: 815.732.9100

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 9/23/2024 at 3:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

$138,910
Average Sale Price
35
Average Days On The Market
94%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1201 Dixon Avenue, Rock Falls, IL 61071
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1201 Dixon Avenue, Rock Falls, IL 61071 is a multiple family which sold for $2,090,650. This multiple family has been listed on @properties Christie's International Real Estate since September 3rd, 2024 and was built in 1973.

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