Large fenced backyardLarge six-stall detached garagePartial unfinished basementTwo separate homes
Opportunities like this don't come along often! Situated on 1.64 acres on the edge of Dixon, this unique property offers two separate homes, a large six-stall detached garage, and outstanding income-producing potential—all tucked away on a private lane with plenty of privacy. Both homes are currently occupied by month-to-month tenants, making this an excellent investment opportunity, while the flexible layout also creates the perfect setup for a multi-generational family compound or private retreat if you choose to occupy the homes instead of renting them. The ranch home features a spacious 2-bedroom, 1-bath floor plan measuring approximately 50' x 30', along with a full unfinished basement offering abundant storage or future expansion potential. The second home is a comfortable two-story with 2 bedrooms, 1.5 bathrooms, a practical layout, a partial unfinished basement, and its own large fenced backyard. Adding even more value is the impressive six-door detached garage building measuring 72’ x 28’. Each individual stall measures approximately 12' x 28' with 8-foot overhead doors, and tall ceilings creating an excellent opportunity to generate additional rental income through storage or vehicle parking. Concrete surrounds the buildings, providing ample parking and easy access throughout the property. Beyond the homes, nearly half of the acreage is wooded, offering a peaceful natural setting rarely found this close to town. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or own a versatile property with multiple income streams, this one is packed with potential.
30 days
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Zillow last checked:
Listing updated:
Listed by:
Jessica Lowry815-315-2617,
Re/Max Of Rock Valley
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202603920
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1
Main level bathrooms: 2
Main level bedrooms: 4
Primary bedroom
Level: Main
Area: 240
Dimensions: 12 x 20
Bedroom 2
Level: Main
Area: 169
Dimensions: 13 x 13
Bedroom 3
Level: Main
Area: 180
Dimensions: 10 x 18
Bedroom 4
Level: Main
Area: 168
Dimensions: 12 x 14
Dining room
Level: Main
Area: 108
Dimensions: 12 x 9
Kitchen
Level: Main
Area: 228
Dimensions: 12 x 19
Living room
Level: Main
Area: 300
Dimensions: 15 x 20
Heating
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Included: Dishwasher, Stove/Cooktop, Water Softener, Gas Water Heater
Laundry: Main Level
Features
Walk-In Closet(s)
Windows: Window Treatments
Basement: Full
Has fireplace: No
Interior area
Total structure area: 2,179
Total interior livable area: 2,179 sqft
Finished area above ground: 2,179
Finished area below ground: 0
Property
Parking
Total spaces: 7
Parking features: Detached
Garage spaces: 7
Features
Patio & porch: Deck
Fencing: Invisible,Fenced
Lot
Size: 1.64 Acres
Features: Horses Allowed, Rural
Details
Additional structures: Guest House
Parcel number: 070234300003
Horses can be raised: Yes
Construction
Type & style
Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence
Materials
Siding, Vinyl
Roof: Shingle
Condition
Year built: 1940
Utilities & green energy
Electric: Circuit Breakers
Sewer: Septic Tank
Water: Well
Community & HOA
Community
Subdivision: IL
Location
Region: Dixon
Financial & listing details
Price per square foot: $119/sqft
Tax assessed value: $182,331
Annual tax amount: $4,011
Price range: $259K - $259K
Date on market: 6/30/2026
Cumulative days on market: 28 days
Ownership: Fee Simple
Estimated market value
Zestimate®
$259,800
Estimated sales range
$247,000 - $273,000
Rent Zestimate®
$2,292/mo
Price history
Date
Event
Price
7/6/2026
Pending sale
$259,000$119/sqft
Source: NorthWest Illinois Alliance of REALTORS® #202603920Report a problem
7/4/2026
Contingent
$259,000$119/sqft
Source: MRED as distributed by MLS GRID #12690700Report a problem
6/29/2026
Listed for sale
$259,000+0.4%$119/sqft
Source: MRED as distributed by MLS GRID #12690700Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: NorthWest Illinois Alliance of REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.