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.
Single-familyProperty Type
1940Year Built
1.64 acresLot Size
$117Price/Sq.Ft.
7 car garageParking
Listed by Jessica Lowry• Re/Max of Rock Valley
Bought with NON-NWIAR Member• NorthWest Illinois Alliance of REALTORS?
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, supplement your mortgage with rental income, or own a versatile property with multiple income streams, this one is packed with potential.
MRED as Distributed by MLS Grid #12379740
Aug 29, 2025
Listing Removed
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Aug 5, 2025
Price Changed
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Aug 4, 2025
Price Changed
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Jun 16, 2025
Price Changed
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May 29, 2025
Listed (Active)
*
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Lee County
APN
07023430000300
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on May 30, 2025.
Property details
Parking
Parking/Garage Information
Has Garage
# of Garage Spaces: 7
Parking Features: Concrete, Detached
Interior
Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 1
# of Main Level Bathrooms: 2
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Forced Air, Natural Gas
Interior Features
Interior Features: Walk-In Closet(s)
Appliances: Electric Cooktop, Dishwasher, Water Softener, Gas Water Heater
Room Information
Has Basement
Basement Details: Full
Exterior
Exterior Features
Roof: Shingle
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: House
Lot Information
Lot Size Acres: 1.64
Financial
Tax Information
Tax Annual Amount: $4,011
Utilities
Utility Information
Water Source: Well, Private
Sewer: Septic Tank
Location
Schools Information
School District: Dixon Unified 170
Elementary School: Dixon Unified 170
Middle Or Junior School: Dixon Unified 170
High School: Dixon Unified 170
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Lee County
APN: 07023430000300
Home facts updated by county records on May 30, 2025
Around this home
9/100 Car-Dependent3/100 Somewhat bikeable
Schools
Places
Transit
Washington Elementary School
Public PreK-1 • Assigned • 1.1mi
Reagan Middle School
Public 6-8 • Assigned • 1.6mi
6/10
Dixon High School
Public 9-12 • Assigned • 1.7mi
2/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 102° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Dixon, IL • 61021
Average low and high temperatures (°F)
28
13
38
19
55
33
64
43
73
50
82
63
85
67
82
62
81
55
69
46
50
34
35
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$250,000 – $303,000
Sell confidently with a local market expert in Dixon.