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    Property profile & analytics

    123 1st St Dixon, IL 61021-3025

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-4110471
    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

    • Basil Tree Ristorante / Takeout Restaurant / Restaurant
    • Fresh Finds Boutique / Women'S Clothing Store

    Property Details for 123 1st St

    Property type
    Commercial real estate
    APN
    07-08-05-206-015
    APU
    70805206015

    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
    -89.4839
    Latitude
    41.8436
    CBSA code
    19940
    CBSA name
    DIXON, IL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $4,283
    $15,191
    $30,516
    $45,707
    -
    $45,573
    $91,548
    $137,121

    Comparable in this City

    • Value Estimation by Request
      5.95 Acres

      Dixon, IL 61021

      COMMERCIAL (GENERAL) • 5.95 Acres
      Dixon, IL 61021
      View Details
    • Value Estimation by Request

      Dixon, IL 61021

      COMMERCIAL (GENERAL)
      Dixon, IL 61021
      View Details
    • Value Estimation by Request

      Dixon, IL 61021

      COMMERCIAL (GENERAL)
      Dixon, IL 61021
      View Details
    • Value Estimation by Request

      Dixon, IL 61021

      COMMERCIAL (GENERAL)
      Dixon, IL 61021
      View Details
    • Value Estimation by Request
      0.16 Acres

      Dixon, IL 61021

      COMMERCIAL (GENERAL) • 0.16 Acres
      Dixon, IL 61021
      View Details
    • Value Estimation by Request
      0.29 Acres

      356 Il Rte 2nd 2

      COMMERCIAL (GENERAL) • 0.29 Acres
      356 Il Rte 2nd 2, Dixon, IL 61021-9119
      View Details

    Similar Nearby for Sale

    • $299,000
      5,152 SF

      Downtown Dixon Commercial Gem

      Prime storefront, apartment, & garage space.
      117 Hennepin Ave, Dixon, IL 61021
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    • $450,000
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      Dixon, IL Commercial Building

      High-traffic location, ready for your business!
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    • $35,000
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      Residential Land in Rockside Subdivision

      1.09+ acre lot with river views in Rockside subdivision.
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    • $32,500

      Land Parcel in Dixon, Illinois

      Land parcel available in Dixon, Illinois.
      687 Squirrel Chase, Dixon, IL 61021
      View Details
    • $38,500
      0.15 Acres

      Residential Lot in Quiet Cul-de-Sac

      6,335 sqft lot with utilities ready, southern exposure.
      379 Woodside Pl, Dixon, IL 61021
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    • $60,000

      Commercial Land in Dixon, Illinois

      1.10 acre commercially zoned land parcel in Dixon, Illinois.
      2004 Lowell Park Rd, Dixon, IL 61021
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    Similar Nearby for Lease

    • $15 SF/Yr

      Former Restaurant with Drive-Thru

      Former fast food restaurant in high-traffic location available for lease.
      1301 N Galena Ave, Dixon, IL 61021
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    • Contact for pricing
      900 SF

      Retail Space in Rose Plaza

      Retail space available in Walmart shadow center with high visibility.
      1672-1684 S Galena Ave, Dixon, IL 61021
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    • Contact for pricing
      1,600 SF

      Retail Space in Dixon, Illinois

      Inline retail spaces available with strong anchor tenants and demographics.
      1319-1391 N Galena Ave, Dixon, IL 61021
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Dixon, Illinois

      Retail spaces available in established Dixon shopping center.
      1319 N Galena Ave, Dixon, IL 61021
      View Details
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    123 1st St
    Dixon, IL 61021-3025
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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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