$349,000
( )
 $1,874 est/mo Sourced by Back At You

707 E Dixon Street,Polo, IL 61064

Polo, IL 61064

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Description

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.

Details

MLS #12673136
Listing TypeFor Sale
StyleMulti Family 5+
Sub-TypeResale
StatusActive
Year0
Days On Site106
Listing Provided ByHeartland Realty 11 LLC | Nancie Dempsey

Features

Story(s)1
Units5
Acreage1.50

Interior

CoolingCentral Air
Fireplaces Total0

Exterior

RoofComposition
Foundation DetailsConcrete Perimeter
Construction MaterialsBrick

Utilities

UtilitiesSewer Connected
ElectricCircuit Breakers

Taxes

Tax Year2025
Tax Annual Amount8134.66

Area Information

StateIL
CountyOgle
CityPolo
Zip Code61064
AreaPolo
Listing VS Median (in 61064)
Price:
$349,000
low | high
Med:
$177,450
99.154727793696% of Average
On site:
106
low | high
Med:
58.5
100% of Average
Sourced by Back At You

Market Activity 61064

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Learn More About This Property

StateIL
CountyOgle
CityPolo
Zip Code61064
AreaPolo
Listing VS Median (in 61064)
Price:
$349,000
low | high
Med:
$177,450
99.154727793696% of Average
On site:
106
low | high
Med:
58.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $261K - $436K
sqft: 0 - 0
Listing Updated: September 15, 2026 at 7:54:00 PM PDT