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0 Beds

$349,000

707 E Dixon Street, Polo IL, 61064

Property typeMulti-family
Listed by Nancie Dempsey with Heartland Realty 11 LLC 815-994-8915

Overview

Active

Listed Jun 9, 2026

Updated 9 days ago

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.

$2,322/mo

Est. mortgage payment based on a $349,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$8,135
Tax Frequency
Annually
Maintenance Expense
$221
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Listed by Nancie Dempsey with Heartland Realty 11 LLC 815-994-8915

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Data is refreshed every 3 hours. Listing last updated 5:54 AM UTC on 10/1/2026. 

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