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1201 1st Avenue Rock Falls, IL 61071 Commercial - Retail New

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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.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1950

General Information

County: Whiteside
Listed By:
Xtreme Realty 815-380-2500
MRED MLS
$329,900
Est. $2,099/mo
New to the Market New
SQUARE FEET3,642 MLS#12535162
STATUSNew PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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1201 1st Avenue, Rock Falls, IL 61071.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $329,900$329,900$329,900
Down Payment $65,980$11,547$82,475
Monthly Mortgage Amount $1,540$1,890$2,005
Taxes $459$459$459
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$145$0
Monthly Estimated Total $2,099$2,594$2,564

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About this area

Illinois/Rock Falls
Rock Falls

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About Rock Falls

Rock Falls, IL is a welcoming city in Northwest Illinois known for its scenic riverfront setting, strong community spirit, and balanced lifestyle. Situated along the Rock River, the city offers residents access to parks, walking paths, and recreational opportunities that enhance everyday living. Rock Falls blends small-city comfort with convenient access to neighboring communities, making it an appealing choice for families, professionals, and retirees alike. Local schools, community events, and a growing commercial presence contribute to the city’s stable and family-friendly atmosphere.

The real estate market in Rock Falls is diverse and accessible, offering options to suit a wide range of needs and budgets. Homebuyers will find well-established neighborhoods with classic single-family homes, many featuring traditional architecture, mature trees, and spacious yards. Ranch-style homes, multi-level designs, and older residences with character are common, alongside newer construction that provides modern layouts and updated amenities. Waterfront and river-adjacent properties are especially desirable, offering scenic views and a connection to the area’s natural surroundings.

For those seeking additional space, the outskirts of Rock Falls include homes with larger lots and semi-rural settings, ideal for buyers who value privacy while remaining close to city conveniences. The city’s affordability compared to larger metropolitan areas makes it attractive to first-time buyers and those looking to maximize value.

With its riverfront charm, strong sense of community, and variety of housing options, Rock Falls continues to stand out as a solid place to call home. It offers a comfortable, well-rounded lifestyle rooted in Midwestern values and natural beauty.

If you are ready to start your home buying or selling journey, browse the latest real estate listings in Rock Falls, IL. You can also contact us—we are here to help!

Nearest Ruhl & Ruhl Office: Clinton
301 North Second Street
Clinton, IA 52732
(563) 441-1776

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