103 E Morgan St Dixon, IL 61021
For Sale
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This exceptional property at 103 E Morgan Street, Dixon, IL, presents a rare opportunity to acquire a historic church and parsonage situated on a 0.25-acre lot. The main building, a substantial 7,015 square foot structure, boasts a large sanctuary, a fully functional kitchen, and several classrooms. Its versatile layout lends itself to a multitude of uses, from continuing its legacy as a place of worship to hosting community events, or even adapting it for a unique business venture. The accompanying parsonage provides comfortable residential living with three bedrooms and one bathroom, ideal for on-site management or additional income potential. The property's enviable location at the corner of North Galena Avenue, directly across from John Dixon Park, ensures high visibility and convenient access to the park's amenities and the downtown area. Street parking is readily available. This is a chance to own a piece of Dixon's history and capitalize on its prime location and versatile space. The asking price is $205,000.
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Foursquare Church Church
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.
