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!
The median home value in Rock Falls, IL is $126,000. 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 $126,000. 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.