707 E Dixon Street Polo, IL 61064
$359,000
Active / MLS# 12673136 / Multi Unit - Multiple / Polo
0
Beds
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.
Baird & Warner New Client Care Team Agent Cell: 312.847.5702 Email
Property Details
Property Type: Multi Unit - Multiple
Cooling: Central Air
Lot Size: 1.50 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $8,134
Feature Descriptions
Current Use: Multi-Family
Drains: Courtyard, Storms and Screens (as exist)
Electric: Circuit Breakers
Exterior: Brick
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Electric, Baseboard
Lot Dimensions: 230x301x230x301
Miscellaneous Indoor: Storage Inside, Laundry Room
Miscellaneous Outdoor: Courtyard, Storms and Screens (as exist)
Parcel#: 14151010050000
Parking: 6-12 Spaces
Potential Use: Multi-Family
Tenant Pays: Air Conditioning, Electricity, Heat
Units: 5
Utilities: Sewer Connected
Location
See details and scored characteristics about this location.
Listing Office: Heartland Realty 11 LLC
Listing Office Phone: 815-288-4648
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.
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