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$175,000 Just Listed
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Property Description
Great Investment Opportunity - Duplex with Strong Rental Income! Well-maintained duplex featuring reliable tenants already in place, making this a fantastic income-producing property. The main floor unit offers a spacious layout with 2 bedrooms and a possible 3rd bedroom, generous living space, and private in-unit laundry. Currently rented for $850/month. The upper unit is also roomy and bright with 2 bedrooms, a large living room, and its own laundry, currently renting for $750/month. Property features include a beautiful wrap-around porch, 1-car garage, and a great location close to downtown and the hospital, making it attractive for tenants. Strong rental income potential with established renters already in place. A great opportunity for investors looking to add a solid property to their portfolio
Full Property Details
Full Property Details for 402 S Ottawa Ave
General
- Price: $175,000
- Taxes: $3,654 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12587221
- Updated: 3/12/2026
- Added to Site: 4 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: Interstate Access
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Yes, Garage Owned, Attached, Garage
Location
- Area: Dixon / Nelson
- County: Lee
- Township: Dixon
- Driving Directions: From Galena Ave to East on 4th St. House sits on the SE corner of 4th & Ottawa.
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: Fiber Cement
- Exterior Const.: Fiber Cement
- Basement: Yes
- Basement Desc.: Unfinished, Partial
- Year Built: 1890
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.15
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 75 x 90
Financial Considerations
- Assessment Year: 1890
- Tax Amount: $3,654.5
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 7080527700100
Listed by Crawford Realty, LLC
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Schools
Schools serving 402 S Ottawa Ave
School District:Dixon Unit School District 170
| Name | Grades | Distance |
|---|---|---|
Madison School, Dixon, IL 618 Division Street, Dixon, IL 61021 | 4-5 | 0.7 mi |
Washington Elementary School, Dixon, IL 703 East Morgan Street, Dixon, IL 61021 | PK-1 | 0.9 mi |
Lincoln Elementary School, Dixon, IL 800 4th Avenue, Dixon, IL 61021 | 2-3 | 1.2 mi |
Reagan Middle School 620 Division Street, Dixon, IL 61021 | 6-8 | 0.7 mi |
Dixon High School 300 Lincoln Statue Drive, Dixon, IL 61021 | 9-12 | 0.6 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 402 S Ottawa Ave
Date
Details
Price
Change
Source
3/10/2026
Listed
$175,000
—
MLS
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
Tax History for 402 S Ottawa Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,654
38%
$39,894
30%
2021
$2,642
—
$30,689
11%
2021
$2,642
17%
$27,648
14%
2020
$2,252
2%
$24,233
5%
2019
$2,199
4%
$23,079
3%
2018
$2,115
—
$22,406
2%
2018
$2,115
4%
$21,966
4%
2017
$2,031
2%
$21,121
3%
2016
$1,982
4%
$20,505
—
2015
$1,901
—
$20,505
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 402 S Ottawa Ave
402 S Ottawa Avenue, Dixon, IL 61021 (MLS# 12587221) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 402 S Ottawa Avenue is currently listed for $175,000 and was received on March 10, 2026. Want to learn more about 402 S Ottawa 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.

