520 W 3rd St Dixon, IL
Well-located Dollar General with long-term lease and strong local fundamentals.
Type:RETAIL
Property size:
10,000 SFLot size:
0.25 Acres- Added:
- Jul 24, 2025
- Days on Market:
- 252
- Last Refresh:
- Mar 29 at 9:01 pm
Property Features for 520 W 3rd St
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 0.25 Acres
- Property subtype
- RETAIL
Listing agent Kevin Blaha
Listing office Sands Investment Group (SIG) | Chicago (844) 474-4666
Listing date Jul 24, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group (SIG) | Chicago
Overview
Dixon, IL Retail Investment Opportunity
This Dollar General property is located off major thoroughfares in Dixon, Illinois, a key retail corridor within the city’s commercial core. Dixon serves as the economic center of Lee County. The area benefits from strong local fundamentals, including average household incomes exceeding $92,000 within a 5-mile radius and a stable consumer base. The property, originally built in 1965, underwent a full renovation, including a brand-new roof, as part of a recently negotiated lease renewal. After completing a 35-year initial lease term, Dollar General signed a new lease in 2024 with two 5-year options, reflecting their long-term commitment to the site. With over 4 years remaining on the initial term and 10% increases at each option, this asset offers secure, growing cash flow backed by a corporate guarantee. The property size is 10,000 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Dollar General
Discount Store
FedEx OnSite
Postal Service
Western Union
Bank
Location Insight
- Map
- Local Demand
- City
- Dixon
- County
- Lee
- State
- Illinois
- Longitude
- -89.4875
- Latitude
- 41.8397
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Well-located Dollar General with long-term lease and strong local fundamentals.
Where is this storefront property located?
The property is located at 520 W 3rd St Dixon, IL.
What is the asking price?
The asking price for this property is $1,090,909.
What are key features of this property?
This property features: New lease signed in 2024 with two 5‑year options.; Corporate guarantee provides secure cash flow.; 10% rent increases at each option period.
