Real Estate Investing in Dixon, Illinois (61021)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61021 (Dixon, IL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.7% vacancy may signal weakening demand.
What’s happening in Dixon, IL (61021)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 61021 Dixon
On balance, ZIP 61021 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $180K median. It rewards specialists, not generalists.
In practical terms, the numbers look inviting — $180K purchase price, 0.0% nominal cap — the work to hit that pro forma in 61021 is substantial and deserves full respect.
In practical terms, 61021 offers a low basis, the region around Dixon has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 61021 includes headwinds that any investor should price in. Income distribution skews lower than Dixon averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 61021 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Dixon:
Property Strategy for 61021
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $129,691 | $920 | 5.1% | +8.6% | $64,846 |
| 3BR | $183,608 | $1,260 | 4.9% | +8.1% | $61,203 |
| 4BR | $230,928 | $1,390 | 4.3% | +8.3% | $57,732 |
| 5BR | $269,379 | — | — | +6.5% | $53,876 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 61021 Compare?
| Metric | 61021 | Dixon | Dixon, IL | Illinois |
|---|---|---|---|---|
| Home Value | $180,180 | $180,180 | N/A | $279,761 |
| 5-Year CAGR | 6.7% | 6.7% | N/A | 6.6% |
| Avg Rent | $1,091 | $1,091 | N/A | - |
| Cap Rate | 4.7% | 4.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 61021 (Dixon, IL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 61021 (Dixon, IL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $180,180 |
| Monthly Rent | $1,091 |
| Price-to-Rent | 13.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.7% |
| 5-Year IRR | 11.4% |
📈 Home Appreciation
| 1-Year | +10.9% ▲ |
| 3-Year CAGR | +8.0% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +8.8% ▲ |
🏠 Rent Trends
| 1-Year | +23.9% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 61021
Population: 22,690
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 61021
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Can owner-occupants cash flow in Dixon, IL?
The a challenging house-hack environment in Dixon, IL reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What is the investability score for Dixon, IL?
Dixon, IL rates 3.0/5 for investability. With median values at $180K and rents near $1,091/mo, the market offers reasonable fundamentals for rental investors.
What is the typical home price in Dixon, IL?
Dixon, IL home values average about $180K. That price point suits investors targeting rentals with $1,091/mo in monthly income.
What are vacancy rates like in Dixon, IL?
Expect elevated vacancy in Dixon, IL. Rents at $1,091/mo are absorbed by the tenant base without meaningful lag.
What is it like being a landlord in Dixon, IL?
Rental owners in Dixon, IL deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 61021 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 61021 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 61021 ranks in Dixon, IL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 61021 (Dixon)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 61021 (Dixon, IL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.