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    987 Subic Rd Dixon, IL 61021

    • Distribution centers
    • 184,284 SF
    • 59.22 lot acres
    For Sale
    View listing
    $3,974,000
    Value Estimation
    Location Intelligence
    Property ID
    US28-3882674
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • First Industrial Corporation Green River Industrial Park / Warehouse

    Property Details for 987 Subic Rd

    Year built
    1942
    Lot size
    59.22 lot acres
    Property size
    184,284 SF
    Property type
    Distribution centers
    APN
    02-15-08-300-016, 02-15-17-100-001, 02-15-18-200-008, 02-15-08-300-006, 02-15-08-300-011, 12-14-12-200-007, 02-15-07-100-014, 12-14-12-300-007 & 02-15-18-200-007

    Description

    This exceptional industrial portfolio in Dixon, IL, offers a compelling investment opportunity. Encompassing 184,284 square feet across eight warehouses, two pump houses, a water tower, and a sewage treatment plant situated on 59.22 acres, this fee-simple property presents significant income potential. The property boasts a 9.50% cap rate and a price per square foot of $21.56, with an asking price of $3,974,000. The existing infrastructure includes a recently upgraded water tower and a new sand filtration system for the sewage treatment plant, which generates substantial revenue through services to surrounding businesses. Further income streams are derived from warehouse leasing and forklift rentals. The property's strategic location in Dixon, Illinois, provides easy access to major interstates and proximity to significant industrial centers, including Rockford, Chicago, Peoria, and Moline. The nearby Union Pacific Global III Intermodal Facility in Rochelle enhances logistical advantages. This property presents a unique opportunity for an owner-user or investor seeking a high-yield, multi-faceted industrial asset with potential for revenue growth through increased water and sewer service rates and additional business acquisition. The property's General Industrial zoning allows for diverse uses. The APN numbers are: 02-15-08-300-016, 02-15-17-100-001, 02-15-18-200-008, 02-15-08-300-006, 02-15-08-300-011, 12-14-12-200-007, 02-15-07-100-014, 12-14-12-300-007, and 02-15-18-200-007. Built in 1942, the property is located at 987 Subic Rd and 1093 Corregidor Rd, Dixon, IL 61021.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dixon
    County
    Lee
    State
    Illinois
    Longitude
    -89.3806753
    Latitude
    41.727817

    Comparable in this City

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    • $499,000
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      1.26 Acres

      Dixon, IL Land For Sale

      1.26 acre lot in Sugar Creek Subdivision, Dixon, IL.
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      1.00 Acre

      Dixon, IL Acre Lot

      One acre lot in Sugar Creek Subdivision, Dixon, Illinois.
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      1.28 Acres

      Dixon, IL Land For Sale

      1.28 acre lot in Sugar Creek Subdivision, Dixon, IL.
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    Similar Nearby for Sale

    • $2,100,000
      30,000 SF

      Dixon Industrial Facility on 9.94 Acres

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      827 W Progress Dr, Dixon, IL 61021
      View Details
    • $499,000
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      Steel Structure Warehouse with Office

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      0.81 Acres

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      0.24 Acres

      Dixon, IL Land For Sale

      Land for sale in Lost Lake Subdivision, Dixon, Illinois.
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    • $48,000
      1.69 Acres

      Residential Land in Dixon, Illinois

      1.69 acre lot for building a dream home near Dixon.
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    • New
      $32,500
      1.05 Acres

      Land in Rural Subdivision

      Residential land for sale in Dixon, Illinois, build your future home.
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    Similar Nearby for Lease

    • Contact for pricing
      900 SF

      Retail Space in Rose Plaza

      Retail space available in Walmart shadow center with high visibility.
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    • $15 SF/Yr

      Former Restaurant with Drive-Thru

      3223 SF restaurant space with drive-thru for lease.
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      1,600 SF

      Retail Space in Dixon, Illinois

      Inline retail spaces available with strong anchor tenants and demographics.
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      2,400 SF

      Retail Space in Dixon, Illinois

      Retail spaces available in established Dixon shopping center.
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    987 Subic Rd
    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
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