Listing provided courtesy of Xtreme RealtyMREDas Distributed by MLSGrid- MLS# 12535162
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Request Info1201 1st AvenueRock Falls, IL 61071
Commercial · 3,642 Sq. ft.$324,900
Active
1201 1st Avenue Overview
- Time on Site:
- 112 days
- Visits:
- 1
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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1201 1st Avenue Facts & Features
- Type Commercial
- Sq. ft. 3,642
- Price/Sq.ft. $89
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Existing Lease Type: Gross
- Gross Income: 35700
- Gross Scheduled Income: 37200
- Net Operating Income: 29569
- Operating Expense: 3821
Building Information
- Year Built: 1950
Location/Region
- County Or Parish: Whiteside
- MLS Area Major: Rock Falls
- Township: Coloma
Rent/Lease Information
- Tenant Pays: Air Conditioning, Electricity, Heat, Sewer
Tax Information
- Tax Annual Amount: $3,631.82
- Tax Year: 2024
General Information
- Parcel Number: 11341090230000
- Property Sub Type: Other
- Property Type: Commercial Sale
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 3642
General Information
- Cooling: Central Air
- Electric: Circuit Breakers, Service - 0 to 100 Amps, Service - 101 to 200 Amps
- Leasable Area: 0
- Stories: 1
Unit Information
- Unit SqFt.: 3642
Exterior
Lot Information
- Additional Parcels: Yes
- Lot Size Dimensions: 100 X 142
- Lot Size Square Feet: 14200
Building Exterior/Construction
- Construction Materials: Block, Wood, Vinyl Siding
- Roof: Metal, Other
General Information
- Number Of Units Total: 3
1201 1st Avenue Neighborhood
Community
61071 (ROCK FALLS) Demographics
42
Median Age
191
Population Density (per sq. mile)
25%
College Educated
$51,590
Estimated Median Income
4,277
Estimated Total Home Owners
1,620
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1201 1st Avenue Monthly Cost
1201 1st Avenue Market Data
Based on the last 30 days in this zip code
$171,383
Average List Price
$114
Average Price per Square Foot
16
Properties Sold
63
Average Days on Market
36
Properties for Sale
1201 1st Avenue History
| Date | Value | Agent |
|---|---|---|
| 5/17/2026Source: MRED | Active |
|
| 5/12/2026Source: MRED | $324,900 -1.5% |
|
| 5/12/2026Source: MRED | Price Change |
|
| 3/14/2026Source: MRED | Active |
|
| 3/9/2026Source: MRED | March 09, 2026 |