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    Property profile & analytics
    FOR SALE
    Commercial real estate

    737 N Galena Ave, Dixon, IL 61021

    0.83 ac lot
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US28-4139443
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.83 ac (36,155 SF)
    APN 07-02-32-177-051
    UPID US28-4139443
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Eym Realty Of Illinois LLC · 6 yrs held
    Eym Realty Of Illinois LLC
    since 2019
    2 recorded transactions
    2019
    $251,000
    2016
    $315,753
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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