1024 River St Dixon, IL 61021
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.