Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    827 W Progress Dr Dixon, IL 61021

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,100,000

    30,000 SF industrial facility with single tenant lease.

    Property size:
    30,000 SF
    Lot size:
    9.94 Acres

    Property Features for 827 W Progress Dr

    General Information

    Size
    30,000 SF
    Lot size
    9.94 Acres

    Source: Colliers - Milwaukee Agent Joseph Eldredge

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dixon Industrial Facility on 9.94 Acres

    This 30,000 square foot industrial facility is situated on 9.94 acres. The property is zoned for light manufacturing and features one dock and two drive-in doors. The current single tenant lease extends through March 31, 2032, providing a stable cash flow. The property's flexible configuration allows for potential multi-tenant conversion. There is excess land available for future development. Its location near I-88 provides access to major regional markets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    SGS Refrigeration Industrial Equipment Supplier

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Wholesale Shop Hotel & Motel Food Market Grocery Store Bar & Pub Discount Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Dixon
    County
    Lee
    State
    Illinois
    Longitude
    -89.4725202
    Latitude
    41.8112977

    Nearby Similar for Sale

    • $165,000
      0.25 Acres

      Historic Church and Parsonage

      Unique property with church, parsonage, and community space.
      103 E Morgan St, Dixon, IL 61021
      View Details
    • $499,000

      Steel Structure Warehouse with Office

      Heated steel structure with office space and tall doors.
      1114 Sterling Rd, Dixon, IL 61021
      View Details
    • $475,000
      2,016 SF

      Turnkey Laundromat Business Opportunity

      Recently renovated laundromat with real estate for sale in Dixon.
      819 N Galena Ave, Dixon, IL 61021
      View Details
    • $450,000
      39,727 SF

      Former School Building on Large Lot

      39,727 SF former school on 5.08 acres.
      501 S Lincoln Ave, Dixon, IL 61021
      View Details
    • $399,900
      3,200 SF

      Former Restaurant in High-Traffic Location

      Former fast food restaurant with drive-up windows and large parking.
      1301 N Galena Ave, Dixon, IL 61021
      View Details
    • $1,090,909
      10,000 SF

      Dixon, IL Retail Investment Opportunity

      Well-located Dollar General with long-term lease and strong local fundamentals.
      520 W 3Rd St, Dixon, IL 61021
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - 30,000 SF industrial facility with single tenant lease.
    Where is this manufacturing property located?
    The property is located at 827 W Progress Dr Dixon, IL.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Single Tenant lease through 3/31/2032; - Strong location near I-88 with access to major regional markets; - Excess land for future development
    (414) 276-9500
    Request Owner's contact information
    827 W Progress Dr Dixon, IL 61021
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    827 W Progress Dr
    Dixon, IL 61021
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    827 W Progress Dr Dixon, IL 61021
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.