510 Chicago Ave, Dixon, IL 61021-3713
- Commercial real estate
Current Use by Public Records
- Corner Spot Bar and Grill / Bar & Pub
Property Details for 510 Chicago Ave
- Property type
- Commercial real estate
- APN
- 07-08-04-157-011
- APU
- 70804157011
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 22, 2025 | $260,000 | Aubrees Properties INC | Dasmir Dalipi | Warranty Deed | $378k · Sauk Valley Bank & Trust Co |
| Sep 15, 2020 | — | Dasmir Dalipi | — | Deed · related | $115k · Milledgeville State Bank |
| Mar 1, 2013 | — | Dearborn Street Holdings LLC | Trahraeg Holding Corp | Sheriffs Deed · related | — |
| Jan 15, 2010 | $423,000 | Trahraeg Holdiong Corp | Cb Of Dixon LLC | Warranty Deed | $1.3M · Amcore Bank NA |
Description
This exceptional commercial property at 510 Chicago Ave, Dixon, IL 61021, presents a lucrative investment opportunity. The 9,026 square foot retail center sits on a lot ranging from 0.5 to 0.99 acres (APN: 07080415701100) and is currently home to a successful bar and grill with a gaming area featuring pool tables and five video gaming machines. The property boasts a fully equipped kitchen, an inviting outdoor patio with seating, and a spacious full basement providing ample storage. Adding to its appeal, the property includes three additional rental units, one of which is occupied by a long-term tenant, generating consistent rental income. The asking price is $599,900, translating to $66.46 per square foot. This established business, coupled with the additional rental units, offers a strong foundation for immediate cash flow and significant future growth potential. The property's prime location in Dixon, Illinois, ensures high visibility and accessibility, making it an ideal investment for discerning buyers seeking a high-return commercial venture. This is a rare opportunity to acquire a thriving business with multiple income streams in a desirable location. Don't miss out on this exceptional opportunity.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Dixon
- County
- Lee
- State
- Illinois
- Longitude
- -89.4756
- Latitude
- 41.8379
- CBSA code
- 19940
- CBSA name
- DIXON, IL MICROPOLITAN STATISTICAL AREA
