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1622 Chicago Street, Dixon, IL 61021.
Opportunity knocks! Spacious 2,799 sq ft ranch with partial English basement situated on approximately 1/2 acre just a few lots from the Rock River and backing to tree-lined farm fields, offering a rare combination of privacy, open views, and natural surroundings without being located in a designated flood zone. This property presents an excellent opportunity for investors, rehab buyers, or anyone looking to build equity with a functional layout, generous room sizes, multiple living areas, and solid bones ready for transformation. Some updates have already been started, including updated bathrooms and portions of hardwood flooring, providing a head start for the next owner. With vision and effort, this home can be brought back to its full potential. Previously improved with a 2.5-car detached garage, the property offers flexibility for future garage configuration, including the possibility of an attached design. Included appliances are washer, dryer, refrigerator, microwave, stove, and chest freezer, adding immediate value and convenience. Utilities include public water, septic system, natural gas (Nicor), and electric (ComEd). Enjoy nearby access to outdoor recreation such as fishing and boating along the Rock River while still being close to local shopping, dining, and everyday amenities. The open rear setting enhances the sense of space and privacy, creating a more secluded feel. Property is being sold as-is and requires cleanout and renovation; however, the size, setting, and overall potential make this a standout value-add opportunity. Properties offering this much square footage and land in a desirable location are hard to find at this price point. Don't miss your chance to transform this property into a beautiful home or profitable investment-schedule your showing today. Buyer to verify all room sizes.
MLS ID: 12634913
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1622 Chicago Street, Dixon, IL 61021.

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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $83,000 | $83,000 | $83,000 |
| Down Payment | $16,600 | $2,905 | $20,750 |
| Monthly Mortgage Amount | $403 | $502 | $513 |
| Taxes | $116 | $116 | $116 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $37 | $0 |
| Monthly Estimated Total | $619 | $755 | $729 |
Dixon, IL is a historic city along the Rock River that blends small-town charm with a vibrant community spirit. The city offers a strong mix of cultural, recreational, and educational opportunities. Residents enjoy a variety of local shops, restaurants, and events, as well as outdoor activities such as boating, fishing, and biking along scenic riverfront trails. Its historic downtown, paired with modern conveniences, creates a balanced environment that appeals to both families and professionals.
Once home to Ronald Reagan as a child, Dixon has kept its history alive with celebrations and preservation. Situated along two banks of the Rock River, this historic and charming little community filled with classic brick structures lining its downtown district offers residents a quiet place to settle without sacrificing great dining and shopping.
Art lovers relish in the local galleries, community art fairs and year-round performances at the art center. A particular favorite is the Gardentstock Arts & Music Fest where local artists feature their work, and local musicians entertain throughout the day and night. This little community is well known for its festivals, bringing in visitors from surrounding communities as far as two hours away. Fourth of July fireworks wow the residents, the Petunia Festival spreads beauty throughout the downtown streets, and the fall Scarecrow Festival delights all.
The real estate market in Dixon is diverse and inviting. Buyers will find an array of housing options ranging from classic single-family homes on tree-lined streets to newer construction with updated layouts and amenities. Historic properties, some with unique architectural character, are also available and reflect the city’s long-established roots. For those seeking more space, country homes and properties with acreage can be found just outside the city, offering privacy while keeping local amenities close at hand.
Affordability is a major advantage in the local housing market, making it an appealing choice for first-time homebuyers, retirees, and investors. The community’s steady growth, along with its convenient location within Northern Illinois, ensures that housing retains long-term value. With its strong sense of community, accessible lifestyle, and variety of real estate options, Dixon offers an excellent balance of small-town living and opportunity, making it a desirable place to call home.
If you are ready to start your home buying or selling journey, browse the latest real estate listings in Dixon, IL. You can also contact us—we are here to help!