707 E Dixon Street
Polo, IL, 61064
$349,000
3 Beds
2 Baths
0 SqFt
1.5 Acres
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MLS #MRD12673136 image #0
Investment Opportunity – Well-Maintained 5-Unit Brick Apartment Building! Excellent income-producing opportunity with a strong long-term rental history. This solid brick 5-unit apartment building features three spacious 2-bedroom units and two 1-bedroom units, providing a desirable unit mix for tenants. All apartments are currently rented. The property includes 6 garage spaces, with each tenant having access to a garage, plus an additional garage and storage area that can be utilized by the owner or rented for additional income. Tenants enjoy a large shared courtyard, on-site coin-operated laundry, and ample outdoor space on this 1.5 acre property. Utilities are tenant-friendly, with electricity paid by tenants, while the owner covers water, sewer, and garbage expenses. The roof was replaced approximately 10 years ago, adding to the property’s overall appeal and value. Whether you’re expanding your investment portfolio or seeking a stable, income-generating property, this well-maintained apartment building offers consistent rental demand and excellent upside potential.

Property Details

Price:
$349,000
MLS #:
MRD12673136
Status:
Active
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
polo
Listed Date:
Jun 9, 2026
PoloPolo

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Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Roof
Composition
Stories
1

Financial

HOA Includes
Water, Parking, Lawn Care
Maintenance Fee
$221
Net Operating Income
$18,905
Tax Year
2025
Taxes
$8,135

Map

Community

Market Summary

Current real estate data for Commercial in Polo as of Oct 11, 2026
5
Commercial Listed
186
Avg DOM
$179,800
Avg List Price

Property Summary

    707 E Dixon Street Polo IL is a Commercial for sale in Polo, IL, 61064. It is listed for $349,000

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