737 N Galena Ave, Dixon, IL 61021
This vacant 2,635 square foot QSR/restaurant building presents a compelling owner-user or redevelopment opportunity. Located on 0.83 acres at 737 N Galena Ave in Dixon, Illinois (zip code 61021), this property boasts a prime location along US Highway 52, experiencing an average daily traffic count of 19,500 vehicles. Built in 1995, the building features a drive-thru and ample parking (22 spaces). The B-2 General Business zoning allows for a wide range of commercial uses. This highly desirable retail location offers direct access to residential areas and is surrounded by national and regional tenants including Walgreens, O'Reilly Auto Parts, Ace Hardware, AutoZone, Napa Auto Parts, McDonald's, and Wendy's, ensuring a strong customer base. The asking price is $750,000, translating to $302 per square foot. The property's proximity to downtown Dixon further enhances its appeal. This is an exceptional opportunity to acquire a well-situated commercial property in a thriving market. The property's APN is 07-02-32-177-051. This is a rare chance to own a piece of Dixon's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.