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Property profile & analytics
OFF-MARKET
Mixed-use properties

1024 River St Dixon, IL 61021

Built 1978
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property at 1024 E River Street in Dixon, Illinois presents a unique investment opportunity. Situated on three parcels totaling 0.54 acres, the property includes a well-established bait and tackle shop, a separate metal building, and a sizable vacant lot. The main building houses the existing business, offering immediate income potential. The inclusion of a walk-in cooler is a significant asset for any future business operations. The property benefits from a highly desirable location at the corner of Route 2 and River Road, ensuring high visibility and substantial foot traffic. The adjacent vacant lot offers significant expansion potential, allowing for future development or additional parking. The property is being sold as a package including the buildings and land

Property profile
Verified
Property type Mixed-use properties
Year built 1978
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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