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    275 Oak St Dallas City, IL 62330

    For Sale
    $75,000

    Duplex - Dallas City, IL

    Type:Duplex
    Property size:
    6,384 SF
    Days on Market:
    31
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 275 Oak St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    APN
    04-02-000-412
    Size
    6,384 SF

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other

    Goff Real Estate & Appraisals (319) 768-8891

    Listing agent Richard Goff (319) 768-8891 License #***

    Listing date Nov 5, 2025

    MLS# 6327449 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unique Income-Generating Duplex with Gym

    This unique duplex, formerly a furniture store in downtown Dallas City, offers immediate income potential. Located on Oak Street in Dallas City, Illinois, the property includes two occupied efficiency rental units (one bed, one bath each) on the second level, providing instant income upon closing. The upper level also features a framed-in space for a potential third rental unit. The main level includes a community gym with membership opportunities and open rental facilities. The property size is 6384 square feet. This property is located in Hancock County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Food Market Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas City
    County
    Hancock
    State
    Illinois
    Longitude
    -91.167892
    Latitude
    40.636419

    FAQs

    What type of property is this?
    Duplex - Duplex with gym and rental facilities in downtown Dallas City.
    Where is this duplex located?
    The property is located at 275 Oak St Dallas City, IL.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Instant rental income from two existing efficiency units.; - Potential for a third rental unit with existing framing.; - Main level open rental facilities for additional income.
    (319) 768-8891
    Request Owner's contact information
    275 Oak St Dallas City, IL 62330
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    Dallas City, IL 62330
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    275 Oak St Dallas City, IL 62330
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