Prime Investment Opportunity on Route 30! This turn-key, 9-unit rental property in Rock Falls offers 8 fully furnished studio apartments plus a one-bedroom unit. Located near I-88, it provides easy access for travelers and tenants. No long-term leases- conducted as week to week stays. Utilities and Internet are all included for ultimate convenience. Ideal for investors seeking high occupancy potential in a well-connected location!
Solid concrete block building ready for your use. It was used as a restaurant and church in the past. Basement has 9ft ceilings and two hanging heaters. The main floor has option of radiant or baseboard heat and offers a kitchen area and two half baths. Updated sewer and water lines as well as some plumbing and electrical.
5 unit with great visibility and long term rental history. 2 (1 bedroom units) and 3 (efficiency apartments) . New roof in 2019 and 2 newer water heaters. Electric heat which tenants pay . Owner pays water/sewer/garbage, and basement heat. Zoned R-3 - 8 spots for off street parking.
This well-maintained two-story brick building has been the home of Wheelock Furniture since 1913. Excellent opportunity for retail, office, business, or commercial use. Great visible downtown location with a daily traffic count of 19,800. Ample street parking available, as well as a private parking lot behind the storefront building. The lot was recently expanded due to the demolition of a warehouse, providing additional parking spaces. Main storefront building approximately 10,850 sq. ft., plus 3,000 sq. ft. below grade with exterior loading dock and one drive in access door. Several entrance/exit ways offer potential for property to be divided into multiple storefronts or offices. Handicap accessible with elevator lift and security system. Four central air conditioner units, sump pump, and three water heaters (1 regular size & 2 small). Two boilers, installed in 2019 that heats westside building and gas furnace heats eastside building. Eastside building upper-level windows installed 2019 and newer lower-level windows. Brick front on north and west sides of building recently replaced. Parcel and property tax information includes multiple PIN's. 1128282007 (7,100 sq. ft.; property taxes $3,080.98), 1128282006 (3,750 sq. ft.; property taxes $2,488.38), 1128282013 (property taxes $1,185.52), 1128282014 (property taxes $1,038.14)
Industrial building. 440 volts 1200 amp electric. 18 ft. Clear ceiling and extra heavy duty concrete floors. Three drive-in doors, three dock doors, small office area and 100 horsepower air compressor included. Needs roof repair.
The median home value in Rock Falls, IL is $121,750. This is higher than the county median home value of $108,100. The national median home value is $338,100. The average price of homes sold in Rock Falls, IL is $121,750. Approximately 59.05% of Rock Falls homes are owned, compared to 30.24% rented, while 10.7% are vacant. Rock Falls 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 Rock Falls real estate agent to arrange a tour today!
Rock Falls, Illinois has a population of 8,807. Rock Falls is less family-centric than the surrounding county with 25.31% of the households containing married families with children. The county average for households married with children is 25.42%.
The median household income in Rock Falls, Illinois is $45,780. The median household income for the surrounding county is $59,812 compared to the national median of $69,021. The median age of people living in Rock Falls is 39.4 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 12.1 degrees. The average rainfall is approximately 38 inches per year, with 28.9 inches of snow per year.