This well-maintained, all-brick 2-unit commercial building in Big Rock, Illinois, is a fully rented property. It is currently leased to a post office until 2027 in one unit, the property offers a stable income stream, with tenants responsible for all utilities except septic, lawn and snow removal. With ample parking, solid construction, and easy access to major highways, this property offers excellent long-term value in a growing community, making it an ideal addition to any commercial real estate portfolio. City is in charge of maintenance on septic while landlord pays a yearly expense of 462.00 dollars which is the only utility expense the landlord is responsible for. Current owner has met with the Big Rock assessor and expects that taxes will be reduced for 2024.
The median home value in Big Rock, IL is $375,000. This is higher than the county median home value of $310,200. The national median home value is $338,100. The average price of homes sold in Big Rock, IL is $375,000. Approximately 83.11% of Big Rock homes are owned, compared to 9.43% rented, while 7.46% are vacant. Big Rock real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Big Rock real estate agent to arrange a tour today!
Big Rock, Illinois has a population of 1,208. Big Rock is more family-centric than the surrounding county with 39.37% of the households containing married families with children. The county average for households married with children is 36.28%.
The median household income in Big Rock, Illinois is $112,778. The median household income for the surrounding county is $88,935 compared to the national median of $69,021. The median age of people living in Big Rock is 45.9 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 14.5 degrees. The average rainfall is approximately 37.8 inches per year, with 28.9 inches of snow per year.