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$155,000
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Property Description
Charming 2-flat located in the heart of Momence's historic district! Both units are fully rented, generating $1,650 per month in steady rental income. This is a turn-key investment in a community that's on the rise-Momence is attracting new businesses, seeing exciting renovations, and hosting vibrant community festivals. Situated on a double lot, the property includes tenant parking, new flooring in the first-floor unit, and a brick patio out back installed in 2021 by Arts Landscaping, perfect for relaxing or entertaining. The roof over the alley entrance was replaced in 2023, and the ground-floor unit features all new appliances, baseboard heat, and a new water heater (2023). Enjoy the charm of quaint shops, restaurants, and local studios just steps away, with the Kankakee River only 11/2 blocks from your door. Exciting investment opportunity-secure your stake in Momence today!
Full Property Details
Full Property Details for 109 N Dixie Hwy
General
- Price: $155,000
- Taxes: $3,140 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12479465
- Updated: 9/30/2025
- Added to Site: 116 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: Historical District
Parking
- Total Spaces: 3
- Parking Features: Off Site, Owned
Location
- Area: Momence
- County: Kankakee
- Township: Momence
- Driving Directions: Dixie Hwy. to address. Located behind auto parts store.
School Information
- School District: 1
- Elem School District: 1
- Midd School District: 1
- High School District: 1
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Frame
- Exterior Const.: Brick, Frame
- Basement Desc.: None
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 45 x 156
- Zoning: MULTI
Financial Considerations
- Tax Amount: $3,140
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 6102420501300
Listed by Infiniti Properties, Inc.
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Schools
Schools serving 109 N Dixie Hwy
School District:Momence Community Unit School District 1
| Name | Grades | Distance |
|---|---|---|
Momence Jr High School 801 West 2nd Street, Momence, IL 60954 | 5-8 | 0.6 mi |
Je-Neir Elementary School 1001 West 2nd Street, Momence, IL 60954 | K-4 | 0.7 mi |
Momence High School 101 North Franklin Street, Momence, IL 60954 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 109 N Dixie Hwy
Date
Details
Price
Change
Source
9/24/2025
Listed
$155,000
181.82%
MLS
7/29/2025
Sold
$55,000
—
Public Record
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 109 N Dixie Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,820
9%
$36,011
10%
2023
$2,582
16%
$32,741
20%
2022
$2,223
8%
$27,284
10%
2021
$2,067
-2%
$24,804
—
2020
$2,110
-2%
$24,804
—
2019
$2,152
—
$24,804
—
2018
$2,143
—
$24,804
—
2017
$2,134
—
$24,804
—
2016
$2,124
-1%
$24,804
—
2015
$2,143
—
$24,804
—
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 109 N Dixie Hwy
109 N Dixie Highway, Momence, IL 60954 (MLS# 12479465) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 109 N Dixie Highway is currently listed for $155,000 and was received on September 24, 2025. Want to learn more about 109 N Dixie Highway? Do you have questions about finding other Multi-Family real estate for sale in Momence? You can browse all Momence real estate or contact a Coldwell Banker agent to request more information.

