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Dixon 61021
1020 Jackson Avenue
$65,000
● House - Off Market

1020 Jackson Avenue

Dixon, IL 61021
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,272 Ft²
$464
Est. Monthly
19.49%
Cap Rate

About This Property

Discover the potential of 1020 Jackson Ave, a charming single-family home nestled in the heart of Dixon, Illinois. Built in 1945, this residence offers 1,272 square feet of living space on a generous 0.39-acre lot. The home features 1 bathroom and a partial basement, providing ample space for comfortable living. This property is a must see.
Unit Size
1,272 Ft²
Days on Market
-
Land Size
-
Price per sqft
$51
Property Type
House
Property Taxes
$144
HOA Dues
-
Year Built
1945

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 618
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,272
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLCREST
  • Land Acres: 0000000413
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SECT/LOT: TWP:00 RNG/BLK: DIXON HILLCREST ADD LTS 35 36 37 BK 9911-371 WD JT

Neighborhood

  • School District Name: Dixon Unit School District 170
  • Census Tract: 000600

Geography

  • Account Number: 147237
  • District: 07
  • Parcel: 07-08-05-384-017
  • Lot: 35-37
  • Municipality: DIXON
  • Latitude: 41.8313
  • Longitude: -89.4905

    Address

  • Full Address: 1020 Jackson Ave
  • Address - House Number: 1020
  • Address - Street Name: Jackson
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Dixon
  • Carrier Code: R002
  • 4-Digit Zip Code: 4078
  • Zip Code: 61021

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $154,766
  • Tax Rate Code Area: 07001

    Appraisal Valuation

  • Standard Deviation: 0.1261
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 59,273
  • High Value: 66,751
  • Low Value: 51,794

    Market Valuation

  • Market Total Value: $66,579
  • Market Land Value: $14,016
  • Market Improvement Value: $52,563

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,193
  • Assessed Land Value: $4,672
  • Assessed Improvements Value: $17,521

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2017
  • Current Sale Recording Date: Jul 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201802415
  • Previous Sale Recording Date: Dec 04, 2009
  • Previous Sale Contract Date: Nov 30, 2009
  • Previous Sale Amount: $58,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Dixon

Stats & Trends

Median Asking:

$169,900

Sale Price/ft²

$120

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1502 ft²

Average Home Age

83 years

Currently For Sale

31 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MRED

Listed by: Victor Caputo III, Home Zone Realty Inc
Data Source: MRED, MLS# MRD12280084
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1020 Jackson Avenue built and last sold?
The property at 1020 Jackson Avenue was built in 1945 and last sold on Jun 29, 2017 for $61,500.
How much is this home worth?
The estimated value of the home located at 1020 Jackson Avenue is $70,714.
What are some comparable homes to 1020 Jackson Avenue?
There are currently no comparable homes to 1020 Jackson Avenue.
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