1201 Dixon

Rock Falls, IL 61071

Huge investment opportunity! This complex is composed of 44 total residential units, stretching across 5 buildings, all on one parcel. 4, 8-unit 1 bedroom apartments, and a 5th featuring 6, 2 bedroom and 6, 1 bedroom units. Tenants responsible for all utilities. Each building features brand new sewer lines. Two 8 unit buildings were subject to massive renovation projects including, but not limited to, all new plumbing, roofs, windows, doors, covered porch, and siding. Said units are just awaiting final touches and interior completion, to maximize rental capabilities. Many materials already acquired and ready to go. Garbage & exterior parking provided. Possible additional income potential could be achieved through operation of coin laundry on the premises. Add some sweat equity, and let your passive income dreams be accomplished all in one place!

This is an Pending listing.

Broker Office Phone Number: 815-732-9100

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