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    Listings

    For Sale (46)

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    Dixon Commercial Property on Route 2
    $195,000
    3.50 Acres

    Dixon Commercial Property on Route 2

    Versatile commercial building on 3.59 acres with high visibility.

    534 Il Route 2, Dixon, IL 61021
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    Remodeled Duplex in Sterling, IL
    $174,900

    Remodeled Duplex in Sterling, IL

    Sterling duplex featuring remodeled units and updated amenities.

    607 2Nd Ave, Sterling, IL 61081
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    COMMERCIAL - Sterling, IL
    $795,000
    10,780 SF

    COMMERCIAL - Sterling, IL

    Flex space • 10,780 SF

    1801 Griswold Ave, Sterling, IL 61081
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    Commercial Site with Great Exposure
    $99,900
    3,278 SF

    Commercial Site with Great Exposure

    Commercial site with high visibility, suitable for various projects.

    126 E Lincolnway Rd, Morrison, IL 61270
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    Rock Falls Commercial Land Available
    $500,000
    2.00 Acres

    Rock Falls Commercial Land Available

    Two acre commercial land near I-88 and Route 40.

    1903 1St Ave, Rock Falls, IL 61071
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    Residential Lot in Established Subdivision
    Contact for pricing
    0.70 Acres

    Residential Lot in Established Subdivision

    Residential lot in established subdivision near town.

    Masters Dr, Morrison, IL 61270
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    Rock Falls Commercial Land Available
    $129,900
    0.67 Acres

    Rock Falls Commercial Land Available

    Commercial land for sale in Rock Falls, Illinois.

    1119 10Th Ave, Rock Falls, IL 61071
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    Residential Land in Established Subdivision
    $40,000
    0.96 Acres

    Residential Land in Established Subdivision

    Almost one acre lot in Terrace Ridge Subdivision, Morrison, IL.

    14 & Part 15, Morrison, IL 61270
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    Rock Falls Multifamily Opportunity
    Contact for pricing

    Rock Falls Multifamily Opportunity

    Multifamily property for sale in Rock Falls, Illinois.

    400 6Th Ave, Rock Falls, IL 61071
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    Rock Falls Multi-Family Property
    Contact for pricing

    Rock Falls Multi-Family Property

    Multi-family property for sale in Rock Falls, Illinois.

    402 6Th Ave, Rock Falls, IL 61071
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    Fulton Commercial Property on Great River Road
    $350,000
    7,200 SF

    Fulton Commercial Property on Great River Road

    5-acre commercial property on Great River Road with spacious building.

    23080 Waller Rd, Fulton, IL 61252
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    Residential Lot in Established Subdivision
    Contact for pricing
    0.60 Acres

    Residential Lot in Established Subdivision

    Residential lot available in Cross Creek Estates subdivision.

    Masters Dr, Morrison, IL 61270
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    Residential Lot in Established Subdivision
    Contact for pricing
    0.80 Acres

    Residential Lot in Established Subdivision

    Residential lot in established subdivision near Morrison, Illinois.

    Masters Dr, Morrison, IL 61270
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    Updated Commercial Property in Sterling
    $580,000
    0.76 Acres

    Updated Commercial Property in Sterling

    Updated commercial property for sale or lease in Sterling.

    407 East Ave, Sterling, IL 61081
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    Rock Falls Building Lot
    Contact for pricing
    0.96 Acres

    Rock Falls Building Lot

    Residential land for sale in Rock Falls, Illinois.

    Knief Rd, Rock Falls, IL 61071
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    Turnkey Restaurant Opportunity
    $149,500
    0.51 Acres

    Turnkey Restaurant Opportunity

    Ready-to-operate restaurant with equipment and outdoor seating.

    3 Victoria Dr, Prophetstown, IL 61277
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    Residential Land in Tori Pines
    Contact for pricing
    0.40 Acres

    Residential Land in Tori Pines

    Home building site available in Sterling, Illinois' Tori Pines Subdivision.

    E 19Th St, Sterling, IL 61081
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    Residential Land in Sterling, IL
    Contact for pricing

    Residential Land in Sterling, IL

    Home building site near schools and hospital in Sterling, IL.

    E 21St St, Sterling, IL 61081
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    Sterling, IL Home Building Site
    Contact for pricing

    Sterling, IL Home Building Site

    Residential land for sale in Tori Pines Subdivision, Sterling, IL.

    E 19Th St, Sterling, IL 61081
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    Residential Lot in Dixon, Illinois
    Contact for pricing
    1.19 Acres

    Residential Lot in Dixon, Illinois

    1.19 acre lot ready for construction in Sugar Creek Subdivision.

    Lenox Rd, Dixon, IL 61021
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    Residential Lot in Established Subdivision
    Contact for pricing
    0.70 Acres

    Residential Lot in Established Subdivision

    Residential lot in established subdivision, near town.

    Masters Dr, Morrison, IL 61270
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    Rock Falls Storage Facility Opportunity
    $240,000
    8,100 SF

    Rock Falls Storage Facility Opportunity

    Storage facility with expansion potential near I-88 interchange.

    1803 E Rock Falls Rd, Rock Falls, IL 61071
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    Turn-Key Bar and Grill
    $395,000
    0.47 Acres

    Turn-Key Bar and Grill

    Remodeled bar and grill with gaming slots and outdoor seating.

    44 Grove St, Prophetstown, IL 61277
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    Residential Lot in Dixon, Illinois
    Contact for pricing
    1.00 Acre

    Residential Lot in Dixon, Illinois

    One-acre residential lot in Sugar Creek Subdivision, ready for construction.

    Crk Rdg Dr, Dixon, IL 61021
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    Rock Falls Commercial Corner Lot
    $148,000
    840 SF

    Rock Falls Commercial Corner Lot

    Well-maintained commercial property on a desirable corner lot.

    603 W Rock Falls Rd, Rock Falls, IL 61071
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    Residential Land in Rock Falls
    Contact for pricing
    1.09 Acres

    Residential Land in Rock Falls

    Home building site in Four Seasons subdivision, Rock Falls, Illinois.

    Solstice St, Rock Falls, IL 61071
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    Residential Lot in Dixon, Illinois
    Contact for pricing
    1.26 Acres

    Residential Lot in Dixon, Illinois

    1.26 acre residential lot ready for construction in Dixon.

    Lenox Rd, Dixon, IL 61021
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    Residential Lot in Dixon, Illinois
    Contact for pricing
    1.28 Acres

    Residential Lot in Dixon, Illinois

    1.28 acre lot in Sugar Creek Subdivision, ready to build.

    Lenox Rd, Dixon, IL 61021
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    Two Contiguous Lots in Albany
    $31,500
    0.80 Acres

    Two Contiguous Lots in Albany

    Two contiguous residential lots in Albany, Illinois, for sale.

    Chippewa Trl Lot 130 &, Albany, IL 61230
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    Turnkey Restaurant in High Traffic Area
    $249,000
    1,000 SF

    Turnkey Restaurant in High Traffic Area

    Established restaurant with additional retail space and apartment potential.

    201 W 2Nd St, Rock Falls, IL 61071
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    Residential Lot in Dixon, IL
    Contact for pricing
    1.06 Acres

    Residential Lot in Dixon, IL

    1.06 acre residential lot in Sugar Creek Subdivision.

    Straw Ln, Dixon, IL 61021
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    Fulton Commercial Land For Sale
    $335,000
    7.00 Acres

    Fulton Commercial Land For Sale

    7 acre commercial property with multiple buildings near Mississippi River.

    23148 Waller Rd, Fulton, IL 61252
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    Rock River Golf and Supper Club
    $1,300,000
    25,000 SF

    Rock River Golf and Supper Club

    Thriving golf course, supper club, and banquet facility for sale.

    3901 Dixon Ave, Rock Falls, IL 61071
    View details
    Commercial Land in Sterling, Illinois
    $295,000
    2.00 Acres

    Commercial Land in Sterling, Illinois

    Approximately 2 acres of commercial land in Sterling, Illinois.

    Sterling, IL 61081
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    Wooded Lot in Deer Grove
    $35,000
    0.79 Acres

    Wooded Lot in Deer Grove

    Residential land in Deer Valley subdivision near tee box.

    Deer Valley Dr, Deer Grove, IL 61243
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    Residential Lot in Established Subdivision
    Contact for pricing
    0.80 Acres

    Residential Lot in Established Subdivision

    Residential lot in established subdivision near town.

    Masters Dr, Morrison, IL 61270
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    Land Near Downtown Sterling
    Contact for pricing

    Land Near Downtown Sterling

    40 x 70 lot close to downtown Sterling.

    E 4Th St, Sterling, IL 61081
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    Rock Falls Mixed-Use Building
    $265,000
    0.06 Acres

    Rock Falls Mixed-Use Building

    Mixed-use property with restaurant and apartments in Rock Falls.

    110 W 2Nd St, Rock Falls, IL 61071
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    900 reflects that the roof will need to be replaced.
    $99,900
    3,278 SF

    900 reflects that the roof will need to be replaced.""""}"""

    Morrison Mixed-Use Commercial Building

    126 Lincolnway Rd, Morrison, IL 61270
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    Rock Falls Commercial Building on Acre
    $175,000
    2,400 SF

    Rock Falls Commercial Building on Acre

    2,400 SF commercial building on 1 acre in Rock Falls.

    9843 Hoover Rd, Rock Falls, IL 61071
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    Thriving Golf Course and Supper Club
    $1,300,000
    25,000 SF

    Thriving Golf Course and Supper Club

    Turn-key 18-hole golf course, supper club, and banquet facility.

    3901 Dixon Ave, Rock Falls, IL 61071
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    Versatile Commercial Property on Acreage
    Contact for pricing
    3,925 SF

    Versatile Commercial Property on Acreage

    Commercially zoned property suitable for retail, office, or garden center.

    1706 E 5Th St, Sterling, IL 61081
    View details
    7 Acre Great River Property
    $335,000
    7,776 SF

    7 Acre Great River Property

    7 acre mixed-use property on heavily traveled Great River Road.

    23148 Waller Rd, Fulton, IL 61252
    View details
    Restaurant Opportunity with Outdoor Seating
    $149,500
    22,000 SF

    Restaurant Opportunity with Outdoor Seating

    Restaurant space with equipment and outdoor seating available for sale.

    3 Victoria Dr, Prophetstown, IL 61277
    View details
    Established Restaurant in Downtown Rock
    $299,000
    2,500 SF

    Established Restaurant in Downtown Rock

    Turnkey restaurant with additional retail space and apartment potential.

    201 West 2Nd St, Rock Falls, IL 61071
    View details
    Rock Falls Commercial Property
    $148,000

    Rock Falls Commercial Property

    Commercial property for sale in Rock Falls, Illinois.

    603 W Rock Falls Rd, Rock Falls, IL 61071
    View details

    For Lease (4)

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    Professional Office Space Available
    Contact for pricing
    21,148 SF

    Professional Office Space Available

    Clean office space suitable for medical, financial, or professional use.

    2002 E 5Th St, Sterling, IL 61081
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    Versatile Commercial Property in Sterling, IL
    Contact for pricing
    68,825 SF

    Versatile Commercial Property in Sterling, IL

    2,100 sq ft property suitable for medical, office, or professional use.

    18573 Pennington Rd, Sterling, IL 61081
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    Sterling, IL Commercial Space
    Contact for pricing
    1,002 SF

    Sterling, IL Commercial Space

    Highly visible office or retail space in Sterling, Illinois.

    2522 E Lincolnway, Sterling, IL 61081
    View details
    Office/Retail Space in Sterling, IL
    Contact for pricing
    701 SF

    Office/Retail Space in Sterling, IL

    700 sq. ft. office or retail space for rent.

    503 E 3Rd St, Sterling, IL 61081
    View details

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    RE/MAX Sauk Valley
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    RE/MAX Sauk Valley
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