Listing Agency: Marcus & Millichap - San Diego p***@marcusmillichap.com Show Phone

Listed By: Phil Sambazis · License #01474991

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 1:32PM

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Investment Insights

Based on property information with market context.

This office building offers 6,800 SF of commercial space and is offered for sale. The property is located at 1614 S Galena Ave in Dixon, Illinois 61021.

The listing presents a 7.15% CAP associated with the property.

Key Highlights

• 6,800 SF office building
• 7.15% CAP
• Located at 1614 S Galena Ave, Dixon, IL 61021

Property Analytics

Property Profile

Current Use

CLA (CliftonLarsonAllen) Accounting Firm

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm HVAC Service Auto Parts Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

186

Businesses Nearby

Explore this area Business Placement

Demographics for 61021, IL

22,984

Population

10,110

Households

2.3

Avg Household Size

44

Median Age

21%

College-Educated

89%

High-School Grad

150.1 sq mi

ZIP Area

153

Density / Sq Mi

$65,719

Median Household Income

$40,805

Median Earnings

$823

Median Rent

$144,800

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - Office property available for sale in Dixon, Illinois.

Where is this office building located?

The property is located at 1614 S Galena Ave Dixon, IL.

What are key features of this property?

This property features: 6,800 SF office building; 7.15% CAP; Located at 1614 S Galena Ave, Dixon, IL 61021