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Downtown Storefront with Freight Elevator
For Sale
$299,000

101 W 2nd Street, Rock Falls, IL 61071

Versatile downtown storefront with open floor areas, rear loading, basement space, and supplemental parking.

Property Size9,584 SF
Days on Market434

Property Features for 101 W 2nd Street

General Information

Standard status Active
Size 9,584 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,568

Building Details

Building Size 9,584 SF
Year Built 1920
Stories 2
Units 1
Listing Agency: Judy Powell Realty
Listed By: Brian Carradus
Source: Ozmentrealestate
Added: Jun 13, 2025 Changed: Aug 17 Last Checked: Aug 20 at 2:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Judy Powell Realty

Investment Insights

Based on property information with market context.

Built in 1920, this downtown storefront offers flexible interior space across three floors, with an open second level and a basement that previously accommodated customer use. Interior partitions and a raised floor area can be removed to create a more expansive layout. A rear service area includes double doors opening to an alley platform, while a freight elevator connects the building’s levels for moving people or inventory. Replacement windows on three sides bring natural light into the property, with river views adding to the setting.

The building has undergone tuckpointing and masonry work, window replacements, and boiler and rooftop upgrades or replacements. Sale includes a vacant gravel parking lot south of the building, along with nearby street and municipal parking. The property is offered separately from 105 W 2nd Street, with the option to purchase the properties as one larger unit.

Key Highlights

  • Three‑floor storefront with open second‑level space and basement area
  • Freight elevator connects all 3 floors for people or inventory movement
  • Rear loading access through double doors at the alley platform

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Pharmacy Dental Office Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

655
Businesses Nearby
27k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 68% Shops & Services 24% Hotels & Casinos 5% Electronics 3%
Shell Shops & Services
6,413 visits/mo 0.1 miles
Hardee's Dining
5,820 visits/mo 0.2 miles
Scooter's Coffee Dining
4,600 visits/mo 0.1 miles
Pizza Hut Dining
3,457 visits/mo 0.4 miles
Jimmy John's Dining
3,334 visits/mo 0.2 miles

Demographics for 61071, IL

13,389
Population
6,612
Households
2
Avg Household Size
45
Median Age
17%
College-Educated
90%
High-School Grad
72.5 sq mi
ZIP Area
185
Density / Sq Mi
$57,909
Median Household Income
$40,698
Median Earnings
$752
Median Rent
$104,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Versatile downtown storefront with open floor areas, rear loading, basement space, and supplemental parking.
Where is this storefront property located?
The property is located at 101 W 2nd Street Rock Falls, IL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Three‑floor storefront with open second‑level space and basement area; Freight elevator connects all 3 floors for people or inventory movement; Rear loading access through double doors at the alley platform
More about this property
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