See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

515 N Hennepin Ave, Dixon, IL, 61021

4beds
3baths
3,026sqft
$249,000
$82price/sqft
$2,054/moest. monthly cost
$82,160/yrincome needed

About This Home

Beautifully updated and full of flexibility, this spacious character home sits directly across from John Dixon Park and offers over 3,000 square feet of living space in one of Dixon’s most charming settings. The main level features brand-new gray laminate flooring throughout, creating a clean, modern feel while still preserving the home’s original character. The layout offers true convenience with a main-floor primary bedroom and en suite bath, main-floor laundry, a spacious living area, formal dining space, and an updated kitchen with ample cabinetry plus a convenient back pantry. Large windows throughout the home bring in abundant natural light and add to the warm, inviting feel. Upstairs, the home provides additional bedrooms, flexible living space, and a layout that could suit a variety of needs. The full attic level offers room for a great room and bedroom, giving the next owner excellent expansion potential for a home office, guest retreat, hobby space, or additional living area. This property is ideal as a spacious single-family home, while also offering a layout that may appeal to buyers looking for multi-generational living or flexible use potential. Outside, the backyard is designed for both privacy and enjoyment with a fully fenced yard, a 6-foot privacy fence approximately two years old and a Jacuzzi hot tub. A standout feature is the impressive 3-bay, approximately 1,200 sq ft garage, offering exceptional room for vehicles, storage, workshop space, hobbies, or recreational equipment. Offering over 3,000 sq ft of above-grade living space plus a full unfinished basement, this home provides exceptional room to live, grow, and customize. The basement offers excellent storage and future finishing potential, adding even more value and flexibility. This is a rare opportunity to own a large, versatile, move-in-ready home in a prime Dixon location with park views, major garage space, and valuable recent improvements

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
62
BikeBikeable

Schools

5/10
6/10
Reagan Middle SchoolGrades 6-81.4 mi
2/10
Dixon High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1908

Materials

  • Roof: Slate

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Garbage disposal,Range / Oven

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Tile,Hardwood,Laminate

Heating & Cooling

  • Heating features: Forced air,Gas
  • Cooling features: Central

Interior Area

  • Total interior livable area: 3,026 sqft

Property

Details

  • Parcel number: 070232335017

Features

  • Exterior features: Wood
  • Has view: Yes
  • View description: Park

Lot

  • Lot size: 0.27 Acres

Parking

  • Total spaces: 5
  • Parking features: Garage - Detached

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Drought
    DroughtModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Inland Flooding
Tornado
Drought
Ice Storm
Lightning
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,259$15,108
Home Insurance *$196$2,352
Property Taxes $367$4,404
Electricity $232$2,792
Total$2,054$24,648
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,422/yr
40% on housing$61,620/yr
45% on housing$54,773/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.4%
12.4%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$82This listing

vs Other Active Listings

Avg $/sqft

ZIP 61021$121
Lee County$131

vs Homes Sold Last Month

Median $/sqft

ZIP 61021$116
Lee County$135

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-10Listed for sale$250,000
2026-04-04Listing removed--
2026-03-28Listed for sale$265,000
2021-04-09Sold$172,000
2021-03-01Pending sale$169,900
2020-10-07Price change$169,900
2020-08-18Price change$174,999
2020-08-05Price change$175,000
2020-07-17Listed for sale$172,000
2017-04-04Sold$156,000
2017-04-04Listed for sale$149,900
2017-02-21Pending sale$149,900
2017-01-31Listed for sale$149,900

For Sale by Owner

AgentProperty Owner

Similar Homes