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Price cut: $10,000
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Multi Family 5+ · Polo, IL
$349,000$359,000
beds · baths
707 E Dixon Street, Polo, IL, 61064
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Central air1.50-acre lot
Investment Opportunity - Well-Maintained 5-Unit Brick Apartment Building! Excellent income-producing opportunity with a strong long-term rental history. This solid brick 5-unit apartment building features three spacious 2-bedroom units and two 1-bedroom units, providing a desirable unit mix for tenants. All apartments are currently rented. The property includes 6 garage spaces, with each tenant having access to a garage, plus an additional garage and storage area that can be utilized by the owner or rented for additional income. Tenants enjoy a large shared courtyard, on-site coin-operated laundry, and ample outdoor space on this 1.5 acre property. Utilities are tenant-friendly, with electricity paid by tenants, while the owner covers water, sewer, and garbage expenses. The roof was replaced approximately 10 years ago, adding to the property's overall appeal and value. Whether you're expanding your investment portfolio or seeking a stable, income-generating property, this well-maintained apartment building offers consistent rental demand and excellent upside potential.
— the listing agent’s description

The home

1.50-acre lot
Multi Family 5+

What it’ll cost

$8,135 taxes / yr
No HOA
Listed $359,000
Now $349,000
48 days on dwello

Estimated monthly payment

$2,636/mo
Principal & interest$1,856
Property taxes$678
Homeowners insurance$102
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Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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48 days on dwello
Price history
Price reduced
Jul 26, 2026
↓ $10,000$349,000
Listed for sale
Jun 9, 2026
$359,000
Now $10,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$8,135/yr
From county records — verify with the assessor.

Features

Central AirBrick
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Nancie Dempsey · Heartland Realty 11 LLC
Listing last updated Jul 26, 2026 · data refreshed from the MLS Jul 26, 2026, 5:08 AM CT
Based on information submitted to the MLS GRID as of Jul 26, 2026, 5:08 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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