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Listing provided courtesy of Xtreme RealtyMREDas Distributed by MLSGrid- MLS# 12661933MLS Provider

305 Monroe AvenueDixon, IL 61021

Multi-Family · 8 Beds · 0.13 Acres
$299,000 Active

305 Monroe Avenue Overview

Time on Site:
30 days
Visits:
0

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.

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305 Monroe Avenue Facts & Features

  • Type Multi-Family
  • Lot 0.13 Acres

Details

General

School Information

  • School District: 170

Income/Expenses

  • Gross Income: 42300
  • Insurance Expense: 3600

Building Information

  • New Construction: No
  • Year Built: 1900

Location/Region

  • County Or Parish: Lee
  • MLS Area Major: Dixon / Nelson
  • Township: Dixon

Tax Information

  • Tax Annual Amount: $4,226.70
  • Tax Year: 2025

General Information

  • Ownership: Fee Simple
  • Parcel Number: 07080518500300
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 8
  • Bedrooms Possible: 8
  • Full Baths Building: 4

General Information

  • Basement: Unfinished, Full
  • Heating: Natural Gas
  • Rooms Total: 20

Exterior

Parking Information

  • Parking Features: Yes, Garage Owned, Detached, Unassigned, Off Street, Owned, Garage
  • Parking Total: 8

Lot Information

  • Lot Size Acres: 0.13
  • Lot Size Dimensions: 50X110
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Other

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1050
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 900
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 825
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Actual Rent: 750
  • Beds Total: 2
  • Baths Total: 1

305 Monroe Avenue Neighborhood

Community

61021 (DIXON) Demographics

44
Median Age
146
Population Density (per sq. mile)
34%
College Educated
$59,863
Estimated Median Income
6,009
Estimated Total Home Owners
2,880
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

305 Monroe Avenue Monthly Cost

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Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

305 Monroe Avenue Market Data

Based on the last 30 days in this zip code

$264,952
Average List Price
$138
Average Price per Square Foot
26
Properties Sold
58
Average Days on Market
94
Properties for Sale
Calculations provided by Reliance Network

305 Monroe Avenue History

Date Event Value Agent
6/4/2026Source: MRED Status Change
Active
5/30/2026Source: MRED Added to Database
May 30, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022