510 Chicago AveDixon, IL 61021

For Sale
$599,900

Thriving Business, High-Return Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
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.

Highlights

  • $599,900 asking price.
  • Retail and land property totaling 9,026 square feet.
  • $66.46 price per square foot.
  • 0.5 to 0.99-acre lot size.
  • Lee County, IL, APN 07080415701100.
  • Located at 510 Chicago Ave, Dixon, IL 61021.

Property Details for 510 Chicago Ave

Property type
Other retail properties, Other land
Square Feet
9,026 SF
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Dixon
County
Lee
State
Illinois
Latitude
41.8378077
Longitude
-89.4752146
510 Chicago Ave, Dixon, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
510 Chicago Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message