About This Home

This 4-bedroom, 3-bathroom residential multi family at 402 S Ottawa Avenue in Dixon, IL is listed for $169,000. Built in 1890, on a 0.15 acres lot.

Key Features

  • Built in 1890
  • 0.15 acre lot
  • 1 parking spaces

Property Details

2 full, 1 half
1-car garage
1890
Listing 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 priced 10,000 under current appraised value

Monthly Cost Estimate

$904/mo

20% down · 6.5% · 30 years

Principal$122
Interest$732
Insurance$49

Estimates only. Actual payments may vary.

Location

402 S Ottawa Avenue

Dixon, IL 61021

Property Details

Construction

Fiber Cement

Parking

Garage

Heating

Natural Gas

Questions & Answers

This 4-bedroom, 3-bathroom residential multi family at 402 S Ottawa Avenue is listed at $169,000. The estimated monthly payment is $904 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1890, 0.15 acre lot, 1 parking spaces.

This property is listed by Cynthia Adcock.

CA

Cynthia Adcock

Agent at Crawford Realty, LLC

Listed by Crawford Realty, LLC · Broker phone: (815) 285-3444 · View on Broker Site · Broker website

MLS# 12627920· Source: Midwest Real Estate Data, LLC· 190 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

402 S Ottawa Avenue, Dixon, IL 61021

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