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    501 S Lincoln Ave Dixon, IL 61021

    For Sale
    $450,000

    Mixed Use - Dixon, IL

    Type:Mixed Use
    Property size:
    39,727 SF
    Days on Market:
    15
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 501 S Lincoln Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    OTHER
    APN
    07080643500700
    Size
    39,727 SF

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1937
    Number of units
    2
    Architectural style
    Other

    Crawford Realty, LLC (815) 285-3444 [email protected]

    Listing agent Tyler Stacey (815) 285-3444 License #475206553

    Listing date Nov 21, 2025

    MLS# 12520381 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former School Building on Large Lot

    This 39,727-square-foot former school on 5.08 acres offers an investment opportunity with in-place income and long-term potential. Constructed in 1937, the all-brick building is in solid condition. The property is anchored by a private therapeutic day school occupying the entire second floor. The building's infrastructure is suited for institutional use or adaptive reuse, featuring an 800-amp electrical service and a steam heat boiler system. Window air-conditioning units are installed in most classrooms. A full gymnasium with a stage enhances functionality. The full basement includes a cafeteria, storage, a dedicated boiler room, and egress windows in most basement classrooms. The property also includes a fenced playground, grounds suitable for outdoor activities or expansion, and a detached two-car garage. A flat rubber roof was recoated in 2021 and carries a ten-year warranty. The property offers avenues for future value creation through continued educational use, re-tenanting strategies, expanded programming, or broader redevelopment.
    Location Intelligence

    Current Use by Public Records

    CDH Educational Center Education Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Dixon
    County
    Lee
    State
    Illinois
    Longitude
    -89.4974987
    Latitude
    41.8357622

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    FAQs

    What type of property is this?
    School - 39,727 SF former school on 5.08 acres.
    Where is this school located?
    The property is located at 501 S Lincoln Ave Dixon, IL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Stable in-place income from a well-established private therapeutic day school tenant.; - Durable all-brick construction built in 1937.; - Large 39,727-square-foot building on 5.08 acres.
    (815) 285-3444
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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

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    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
    501 S Lincoln Ave Dixon, IL 61021
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