305 Monroe Avenue Dixon, IL ^$ 299,000

305 Monroe Avenue

^$ 299,000

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Recently Listed

305 Monroe Avenue

Dixon, IL, 61021

^$ 299,000

Bedrooms8 Baths4.0

Monthly Estimate*

^$ 1,841

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Multi-Family Home for sale in Dixon, IL

for $299,000 with 8 bedrooms and 4 full baths. This home was built in 1900 on a lot size of 0.13.

Looking to grow your investment portfolio? This fully occupied four-plex building delivers immediate rental income and long term potential. Featuring spacious apartments and a tenant paid utilities, this four-plex offers a combination of occupancy, cash flow, and efficiency for investors.

Multi-Family Active

Price

^$ 299,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,226

Style

Lot Size

0.13

Year Built

1900

Town/City

Dixon

County/Region

Lee

MLS | Web ID

12661933

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing Tenant's Rights

Garage Spaces 2

Construction Materials Other

Year Built 1900

Township Dixon

Tax Year 2025

Ownership Fee Simple

Gross Income 42300

County Lee

Insurance Expense 3600

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 20

Status New

Directions Corner of West 3rd and Monroe

City Dixon

High School District 170

MLS Area Dixon / Nelson

Tax Annual Amount 4226.7

Standard Status Active

Middle/Junior School District 170

Elementary School District 170

Interior

Basement Unfinished Full

Total Bedrooms 8

Total Baths 4

Bedrooms Possible 8

Full Baths Building 4

Half Baths Building 0

Total Number of Units 4

Exterior

Parking Features Yes Garage Owned Detached Unassigned Off Street Owned Garage

Water Source Public

Total Parking 8

Lot Dimensions 50X110

Lot Size Acres 0.13

Waterfront Y/N N

* Excluded Features

List By

Xtreme Realty

Broker

opalsundranirealtor@gmail.com

Affordability Calculator

$2,193

Per Month

Monthly Principal & Interest: $1,841
Monthly Property Taxes: $352
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Dixon, IL

Average List Price ^$206,580

Percent of Sale Price 31%

About Dixon, IL

15,743 Population

8% Since 2002

^$54,429 Median Income

40.45 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566785 Elementary School

566348 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/30/2026	$299,000		Listed Price

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305 Monroe Avenue, Dixon, IL, 61021 is a Multi-Family Home for sale at $299,000 with a lot size of 0.13. 305 Monroe Avenue has 8 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 61021 which is in Dixon, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/31/2026.

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305 Monroe Avenue

Multi-Family Home for sale in Dixon, IL

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