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603 W Rock Falls Road, Rock Falls, IL, 61071

603 W Rock Falls Road Rock Falls, IL 61071

For Sale
$129,900

COMMERCIAL - Rock Falls, IL

Property Size840 SF
Lot Size0.21 Acres
Price / SF$154.64
Days on Market162

Property Features for 603 W Rock Falls Road

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Standard status
Active
APN
11332550310000
Size
840 SF
Lot size
0.21 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
1720

Utilities

Cooling system
Central Air

Building Details

Year built
1950
Floors in Building
1
Building materials
Aluminum Siding
Roof type
Metal
Listing Agency: RE/MAX Sauk Valley
Listed By: Alan Lewis · License #475206082
Added: Feb 11 Changed: May 13 Last Checked: Jul 23 at 12:06PM
MLS# 12566202

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $11.1k $13.20
− Vacancy −$1.1k −$1.32
EGI $10.0k $11.88
− OpEx −$3.0k −$3.56
NOI $7.0k $8.32
840 SF · lease $13.20/SF/yr · vacancy 10.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$99.8K
$87.3K – $116.4K (±1% cap)
NOI $6,985 @ 7.0% cap · market cap 5.38%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$157.1K
$137.5K – $183.3K (±1% cap)
NOI $11,000 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Real Estate Agency Law Firm Dental Office Hair Salon (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Locksmith Daycare Center Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

Where is this storefront property located?
The property is located at 603 W Rock Falls Road Rock Falls, IL.
What is the asking price?
The asking price for this property is $129,900.
More about this property
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