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1201 1st Avenue

Rock Falls, IL 61071
  • $329,900
  • STATUS: Active
  • MLS #: 12535162
UPDATED: 31 min ago
$329,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

Very Profitable 3 unit commercial building on a double corner lot with an extra lot across the alley. It is located on Rt. 40/1st Ave in Rock Falls IL 1 mile north of Interstate 88 on the Right hand side of the road. Easy access! Unit 1 is currently an Urgent CareClinic - 1860 sq ft with a large reception area -kitchenette - shared bathrooms! Current rent is $1600 . Unit 2 is 540 sq ft - 2 offices - reception area - shared bathrooms - current rent is $600 (utilities included). Unit 3 is approx 1006 sq ft - open concept - private 1/2 bath - plumbed for a 2nd 1/2 bath. This unit is owner occupied as a real estate office. There is also a 15 x 15 separate storage area with a private access! Parking for 20 + cars. Lot across alley is 50 x 142. Included in price. Taxes shown include extra lot. Owner is willing to lease back. Broker Owned.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner.

Based on information submitted to the MLS GRID as of 2026-04-11T03:05:34.443 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1201 1st Avenue Rock Falls, IL 61071

  • Price: $329,900
  • Status: Active
  • On Site: Days
  • Updated: 31 min ago
  • MLS #: 12535162
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1950
Built
Neighborhood:
Whiteside
County:
Whiteside
Area:
Whiteside
Property Description
Very Profitable 3 unit commercial building on a double corner lot with an extra lot across the alley. It is located on Rt. 40/1st Ave in Rock Falls IL 1 mile north of Interstate 88 on the Right hand side of the road. Easy access! Unit 1 is currently an Urgent CareClinic - 1860 sq ft with a large reception area -kitchenette - shared bathrooms! Current rent is $1600 . Unit 2 is 540 sq ft - 2 offices - reception area - shared bathrooms - current rent is $600 (utilities included). Unit 3 is approx 1006 sq ft - open concept - private 1/2 bath - plumbed for a 2nd 1/2 bath. This unit is owner occupied as a real estate office. There is also a 15 x 15 separate storage area with a private access! Parking for 20 + cars. Lot across alley is 50 x 142. Included in price. Taxes shown include extra lot. Owner is willing to lease back. Broker Owned.
Exterior Features

Outdoor Parking 19-30 Spaces Roof MetalOther Roof Structure Pitched

Interior Features

Cooling Central Air Heat Ventilation Forced AirGas Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Association Fee Frequency Not Applicable Building Area Total 3642 Electric Circuit BreakersService - 0 to 100 AmpsService - 101 to 200 Amps Fire Protection Fire Extinguisher/s Gross Income 35700 Gross Scheduled Income 37200 Leasable Area 0 Location Corner Mls Actual Status Active Net Operating Income 29569 Number Of Tenants 3 Operating Expense 3821 Property Offered For Sale Only Property Sub Type Other Tax Annual Amount 3631.82 Tax Year 2024 Tenant Pays Air ConditioningElectricityHeatSewer Total Monthly Income 3100 Township Coloma Type Retail/Stores Zoning COMMR

Listing courtesy of © 2026 Midwest Real Estate Data LLC as distributed by MLS GRID.
Listing provided courtesy of Xtreme Realty: 815-380-2500.



© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner.

Based on information submitted to the MLS GRID as of 2026-04-11T03:05:34.443 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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