707 E Dixon St

Polo, IL 61064
  • $359,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing 93201 - 930468

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.

Listing Highlights

Status Active
Days on Site 37
Property Type Multi-Family
MLS ® 12673136
Year Built 0
Total Square Footage 0
Lot/Acreage 1.5
County Ogle
Area Polo

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Electric,Baseboard
  • Fireplaces: 0
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Municipal Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 230x301x230x301
  • Roof: Composition
  • Others:
  • Sewer:
  • Parking Features: 6-12 Spaces

Financial Details

  • Tax Amount: $8,135
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 14151010050000
  • Tax Year: 2025

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Questions About..

707 E Dixon St Polo, IL 61064

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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