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    737 N Galena Ave Dixon, IL 61021

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    For Sale
    $750,000

    2,635 SF retail building with drive-thru on 0.83 acres.

    Property size:
    2,635 SF
    Lot size:
    0.83 Acres

    Property Features for 737 N Galena Ave

    General Information

    Size
    2,635 SF
    Lot size
    0.83 Acres

    Source: SRS Real Estate Partners | Detroit Agent Michael Carter

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

    Overview

    Retail Building with Drive-Thru

    This property, constructed in 1995, features 2,635 square feet of gross leasable area situated on 0.83 acres. It includes a drive-thru. Zoned B-2 – General Business District, the property allows for a wide range of commercial uses. The building benefits from a retail location with accessibility to residential communities, national and regional tenants, and freeways. The site offers a lease-up or redevelopment opportunity.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Weeds Florals, Designs & Decor

    Location Insight

    • Map
    • Local Demand
    City
    Dixon
    County
    Lee
    State
    Illinois
    Longitude
    -89.487674
    Latitude
    41.853613

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    FAQs

    What type of property is this?
    Storefront property - 2,635 SF retail building with drive-thru on 0.83 acres.
    Where is this storefront property located?
    The property is located at 737 N Galena Ave Dixon, IL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Highly desirable retail location with direct access to residential communities, national/regional tenants, and freeways.; - Excellent lease-up or redevelopment opportunity.; - Zoned B-2 – General Business District, providing a wide range of commercial uses.
    (586) 549-4260
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    Dixon, IL 61021
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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
    737 N Galena Ave Dixon, IL 61021
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