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1201 1st Avenue Rock Falls, IL $ 329,900
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$ 329,900 Get more info
1201 1st Avenue
$ 329,900
Back to search
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1201 1st Avenue

Rock Falls, IL, 61071
$ 329,900
Baths0.0 Sq 3,642

Monthly Estimate*

$ 2,304

1201 1st Avenue, Rock Falls, IL 61071 - Image 1
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Studio

Commercial Property for sale in Rock Falls, IL

for $329,900. This 3,642 square foot building was built in 1950 on a lot size of 0.325987.

Very Unique 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 a real estate office - 1860 sq ft - 7 offices - conference room - large reception area - copy room - kitchenette - shared bathrooms! 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. Landlord pays water -sewer -garbage . There is also a 15 x 15 separate storage area with a private access! Parking for 20 + cars. Owner is willing to lease back. Broker Owned.

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Commercial Active

Price

$ 329,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,631

Style

Lot Size

0.325987

Year Built

1950

Town/City

Rock Falls

County/Region

Whiteside

MLS | Web ID

11970368
Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Block Wood Frame
Year Built 1950
Electric Circuit Breakers Service - 0 to 100 Amps Service - 101 to 200 Amps
Tenant Pays Air Conditioning Electricity Heat
Stories 1
Township Coloma
Property SubType Other
Tax Year 2022
Gross Income 35700
County Whiteside
Net Operating Income 29569
Operating Expense 3632
Property Type Commercial Sale Office/Tech
Status Active
Directions Interstate 88 to IL Rt 40 North Across US Rt 30 which becomes 1st ave ! NE corner of 1st ave and E 12th St .
City Rock Falls
Total Units 3
MLS Area Rock Falls
Lot Size Square Feet 14200
Street Name 1st
Tax Annual Amount 3631.82
Additional Parcels Y/N Y
Leasable Area 2040
Days on Market 7
Lease Type Gross
Standard Status Active
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Exterior
Building Area Total 3642
Lot Dimensions 100 X 142
Exterior Vinyl Siding Block
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Xtreme Realty

Broker

dave@superdavehomes.com

Email

Affordability Calculator

$2,607
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,304
Monthly Property Taxes
$303
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/30/2024$329,900 Listed Price

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1201 1st Avenue, Rock Falls, IL, 61071 is a Commercial Property for sale at $329,900 with 3,642 sqft and a lot size of 0.325987. 1201 1st Avenue is a studio with 0.0 baths and was built in 1950. The property's zip code is 61071 which is in Rock Falls, IL

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