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$299,000

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • 2 Car Garage
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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.

Full Property Details for 305 Monroe Ave

General

  • Price: $299,000
  • Taxes: $4,226 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12661933
  • Updated: 6/5/2026
  • Added to Site: 42 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 4

Bedrooms

  • Total Bedrooms: 8

Additional Information

  • Other Features: School Bus Service

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 8
  • Parking Features: Yes, Garage Owned, Detached, Unassigned, Off-Street, Owned, Garage

Location

  • Area: Dixon / Nelson
  • County: Lee
  • Township: Dixon
  • Driving Directions: Corner of West 3rd and Monroe

School Information

  • School District: 170
  • Elem School District: 170
  • Midd School District: 170
  • High School District: 170

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Other
  • Exterior Const.: Other
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Year Built: 1900
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 50 x 110

Financial Considerations

  • Insurance Fee: $3,600
  • Assessment Year: 1900
  • Tax Amount: $4,226.7
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 7080518500300

Listed by Xtreme Realty

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— 305 Monroe Ave —

  • Xtreme Realty

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 305 Monroe Ave

School District:Dixon Unit School District 170
NameGradesDistance
Madison School, Dixon, IL
618 Division Street, Dixon, IL 61021
4-51 mi
Lincoln Elementary School, Dixon, IL
800 4th Avenue, Dixon, IL 61021
2-31 mi
Washington Elementary School, Dixon, IL
703 East Morgan Street, Dixon, IL 61021
PK-11.1 mi
Reagan Middle School
620 Division Street, Dixon, IL 61021
6-80.9 mi
Dixon High School
300 Lincoln Statue Drive, Dixon, IL 61021
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 305 Monroe Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/30/2026
Listed
$299,000
157.76%
MLS
7/12/2021
Sold
$116,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 305 Monroe Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,227
3%
$45,872
2%
2024
$4,120
16%
$44,972
9%
2021
$3,553
—
$41,259
11%
2021
$3,553
11%
$37,170
8%
2020
$3,199
2%
$34,417
5%
2019
$3,124
4%
$32,778
3%
2018
$3,005
—
$31,824
2%
2018
$3,005
—
$31,200
—
2017
$3,009
2%
$31,283
3%
2016
$2,936
4%
$30,371
—
2015
$2,815
—
$30,371
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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305 Monroe Avenue, Dixon, IL 61021 (MLS# 12661933) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 305 Monroe Avenue is currently listed for $299,000 and was received on May 30, 2026. Want to learn more about 305 Monroe Avenue? Do you have questions about finding other Multi-Family real estate for sale in Dixon? You can browse all Dixon real estate or contact a Coldwell Banker agent to request more information.

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