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Mixed-Use Restaurant Property
For Sale
$249,000

201 W 2nd Street, Rock Falls, IL 61071

Commercial Sale, Rock Falls, IL

Property SizeContact for details
Lot Size0.06 Acres
Days on Market244

Property Features for 201 W 2nd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions From Route 40 turn West on W. 2nd St. then proceed to corner of West 2nd Street and 2nd Avenue.
Subdivision Rock Falls
Standard status Active
APN 11282810120000
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2433

Utilities

Cooling system Central Air

Building Details

Year built 1890
Floors in Building 2
Number of units 2
Building materials Brick, Concrete
Listing Agency: RE/MAX Sauk Valley
Listed By: Tim McCaslin · License #471002068
Added: Dec 19, 2025 Changed: Aug 19 Last Checked: Aug 20 at 5:06PM
MLS# 12535177

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.

Investment Insights

Based on property information with market context.

This mixed-use property combines an established restaurant operation with additional commercial and residential components. The restaurant includes tables, chairs, and kitchen equipment, while the rear of the building provides 1,000 Sq. Ft. of office or retail space at 204 W. 2nd St. A second-floor apartment area is also present and needs remodeling.

The property occupies a corner lot at 201 W. 2nd Street in downtown Rock Falls and carries COMMR zoning. Building improvements include a new roof installed in 2018 and a new gas forced air furnace serving the restaurant side, installed in 2024. The structure was built in 1890 and features brick and concrete construction with central air conditioning.

Key Highlights

  • Mixed‑use property at 201 W. 2nd Street in downtown Rock Falls
  • Restaurant includes all tables, chairs, and kitchen equipment
  • Additional 1,000 Sq. Ft. office or retail space at 204 W. 2nd St.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

676
Businesses Nearby
40k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 79% Shops & Services 16% Hotels & Casinos 4% Electronics 2%
Taco Bell Dining
13,339 visits/mo 0.5 miles
Shell Shops & Services
6,413 visits/mo 0.2 miles
Hardee's Dining
5,820 visits/mo 0.3 miles
Scooter's Coffee Dining
4,600 visits/mo 0.3 miles
Pizza Hut Dining
3,457 visits/mo 0.5 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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner-site building with restaurant furnishings, equipment, and additional commercial space.
Where is this mixed-use property located?
The property is located at 201 W 2nd Street Rock Falls, IL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Mixed‑use property at 201 W. 2nd Street in downtown Rock Falls; Restaurant includes all tables, chairs, and kitchen equipment; Additional 1,000 Sq. Ft. office or retail space at 204 W. 2nd St.
More about this property
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