1201 Dixon Ave Rock Falls, IL 61071

Current rent projections DO NOT include 16 unfinished units. Huge potential. Sold as is. All materials acquired, to be conveyed. Coin laundry hut not currently in use. There are 38 units like Unit #1 and 6 units like Unit #2. All measurements are estimated and should be confirmed by buyer. Listing office license #478.026891. Earnest money held by HB Wilkinson at 828 N Galena Ave, Dixon, IL 61021 or via TrustFunds online. 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!