Listing provided courtesy of Hawkeye Commercial Real EstateMREDas Distributed by MLSGrid- MLS# QC4261205MLS Provider

305 W 2ND StreetRock Falls, IL 61071

Commercial · 4,250 Sq. ft. | 0.29 Acres
$899,000 Active

305 W 2ND Street Overview

Time on Site:
193 days
Visits:
2

ABSOLUTE TURN-KEY Bar & Grill in downtown Rock Falls is now available for sale. Prime location, just two blocks from the RB&W District Park and Waterfront. Built in 2013, this building has been very well maintained throughout the years with one owner. Whiskey Barrel sits on .29 acres and consists of a 4,250 SF building housing the Bar + Grill, with a 30x30 covered patio, and an additional 1,500 SF of uncovered patio, that has foundation poured and could be walled into the main building to add extra square footage. The bar area has a large stage and dance floor with an upgraded lighting and truss system. This business is being sold with all the FF&E (minus the speaker system) and ALL inventory included. List of equipment available upon request. Whiskey Barrel also has 6 slots on site, which brings in approx. $6,000/month in additional revenue. Neighboring businesses include PJ's, The Speakeasy at La Bella Notte, Wizard of Paws, Stahr Media, 7:24 Fitness on the Rock, Coqui Comfort, Flip Side Coffee, Corner Tap, Bartini's, J W's 3rd Base, Froggy's Bar & Grill, Jeff's Juke Joint, La Familia, The Cooler, Krupted Rides, Firehouse Fire Museum, and Sundae Funday.

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305 W 2ND Street Facts & Features

  • Type Commercial
  • Sq. ft. 4,250
  • Price/Sq.ft. $212
  • Lot 0.29 Acres

Details

General

Building Information

  • Year Built: 2013

Location/Region

  • County Or Parish: Whiteside
  • MLS Area Major: Rock Falls

Rent/Lease Information

  • Tenant Pays: None

Tax Information

  • Tax Annual Amount: $12,136.92

General Information

  • Parcel Number: 11-28-280-022
  • Property Type: Commercial Sale
  • Zoning: C

Interior

Building Interior

  • Building Area Total: 4250

General Information

  • Cooling: Central Air
  • Flooring: Concrete

Unit Information

  • Unit SqFt.: 4250

Exterior

Lot Information

  • Frontage Type: City Street,Paved
  • Lot Size Acres: 0.29
  • Lot Size Square Feet: 12632
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick, Block
  • Roof: Metal

305 W 2ND Street 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
Community data courtesy of LiveBy, Inc.

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.

305 W 2ND Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

305 W 2ND Street 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
Calculations provided by Reliance Network

305 W 2ND Street History

Date Event Value Agent
5/23/2026Source: MRED Price Reduction
$899,000 -5.4%
5/23/2026Source: MRED Price Increase
$950,000 5.7%
3/25/2026Source: MRED Status Change
Active
3/20/2026Source: MRED Price Reduction
$899,000 -5.4%
3/20/2026Source: MRED Status Change
Price Change
12/18/2025Source: MRED Added to Database
December 18, 2025