Income producing multi-family investment property. Currently generates $2,225 in monthly rent and tenants are responsible for all utilities. TLC is needed but all units have had some recent updates like furnaces and water heaters. This multi-family parcel is located next door to the Dixon Historic Center, has 3 separate buildings: 2 duplexes, 1 single family home plus a 4 car garage. Property consists of 418 S Peoria which has two 1 bedroom, 1 bath units; 422 S Peoria which has one 2 bedroom, 1 bath unit and one 3 bedroom, 1 bath unit; and 215 W 5th Street which is a 3 bedroom, 1 bath single family home.
Sold for $249,000
$249,000
420 S Peoria Ave, Dixon, IL 61021
--beds
0baths
1,056sqft
MultiFamily
Built in 1915
-- sqft lot
$236,000 Zestimate®
$236/sqft
$1,065 Estimated rent
Home value
$236,000
$203,000 - $269,000
$1,065/mo
Zestimate® history
Owner options
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$1,065/mo
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$1,840/mo
Est. payment
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$1,840/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 1,056 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Wood
Lot
- Size: 0.34 Acres
Details
- Parcel number: 070805258003
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1915
Community & HOA
Location
- Region: Dixon
Financial & listing details
- Price per square foot: $236/sqft
- Tax assessed value: $228,900
- Annual tax amount: $6,989
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2024 | Sold | $249,000+126.4%$236/sqft |
Source: Public Record Report a problem | ||
| 8/28/2019 | Sold | $110,000-17.9%$104/sqft |
Source: Public Record Report a problem | ||
| 2/2/2018 | Listing removed | $134,000$127/sqft |
Source: Sauk Valley Properties LLC #09813106 Report a problem | ||
| 12/7/2017 | Listed for sale | $134,000$127/sqft |
Source: Sauk Valley Properties LLC #09813106 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,989 +45% | $76,300 +47.1% |
| 2023 | $4,819 +7.9% | $51,861 +11% |
| 2022 | $4,465 +6.9% | $46,721 +8% |
| 2021 | $4,176 | $43,260 +5% |
| 2020 | -- | $41,200 -6.1% |
| 2019 | $4,308 +8.3% | $43,887 +2% |
| 2018 | $3,979 | $43,027 +4% |
| 2017 | $3,979 +2.5% | $41,373 +3% |
| 2016 | $3,883 +4.3% | $40,168 |
| 2015 | $3,723 +1.7% | $40,168 |
| 2014 | $3,660 +0.1% | $40,168 -2% |
| 2013 | $3,655 | $41,000 |
Find assessor info on the county website
Neighborhood: 61021
Nearby homes
- $--2 bd1 ba-- sqft422 S Peoria Ave, Dixon, IL 61021Off Market

- $166,500-- bd2 ba1k sqft408 S Peoria Ave, Dixon, IL 61021Off Market
- $109,300-- bd1 ba1.8k sqft504 S Peoria Ave, Dixon, IL 61021Off Market
- $131,300-- bd1 ba1.7k sqft214 W 5th St, Dixon, IL 61021Off Market
- $185,900-- bd1 ba1.4k sqft402 S Peoria Ave, Dixon, IL 61021Off Market
- $101,100-- bd1 ba1k sqft212 W 5th St, Dixon, IL 61021Off Market
- $147,5004 bd2 ba2.1k sqft503 S Hennepin Ave, Dixon, IL 61021Off Market
- $188,0005 bd2 ba2k sqft401 S Hennepin Ave, Dixon, IL 61021Off Market
Nearby schools
GreatSchools rating
- 7/10Madison SchoolGrades: 4-5Distance: 0.8 mi
- 6/10Reagan Middle SchoolGrades: 6-8Distance: 0.7 mi
- 2/10Dixon High SchoolGrades: 9-12Distance: 0.5 mi
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- Illinois
- Lee County
- Dixon
- 61021
- 420 S Peoria Ave