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Mixed-Use Property with Restaurant
For Sale
$249,000

201 W 2nd Street, Rock Falls, IL 61071

Restaurant improvements include kitchen equipment, furnishings, and a separate office/retail area.

Property SizeContact for details
Days on Market240

Property Features for 201 W 2nd Street

General Information

Standard status Active
Property subtype Commercial
Zoning COMMR

Property Condition

Severity Minor
Evidence needs remodel

Additional Details

Furnished Yes
Business Included Yes
Corner Location Yes
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $2,433

Building Details

Year Built 1890
Stories 2
Units 2
Listing Agency: RE/MAX Sauk Valley
Listed By: Tim McCaslin · License #471002068
Source: Allinonerealestateco
Added: Dec 19, 2025 Changed: Aug 14 Last Checked: Aug 16 at 3:14PM

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 RE/MAX Sauk Valley

Investment Insights

Based on property information with market context.

This mixed-use property includes a restaurant with kitchen equipment, tables, chairs, and other furnishings. Building improvements include a roof installed in 2018, a gas forced-air furnace serving the restaurant side installed in 2024, and mostly newer windows on the second floor. The property was built in 1890 and is zoned COMMR.

A 1,000-square-foot office/retail area is located at the rear of the building at 204 W. 2nd St. The second floor also contains apartment space that requires remodeling. The property occupies a corner lot in downtown Rock Falls and includes Lot Pin #1128281011.

Key Highlights

  • Restaurant includes kitchen equipment, tables, chairs, and furnishings
  • 1,000‑square‑foot office/retail area at the rear of the building
  • Roof installed in 2018

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

473
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 80% Dining 11% Electronics 9%
Shell Shops & Services
6,413 visits/mo 0.5 miles
Flip Side Dining
838 visits/mo 0.4 miles
Verizon Electronics
716 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 - Restaurant improvements include kitchen equipment, furnishings, and a separate office/retail area.
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: Restaurant includes kitchen equipment, tables, chairs, and furnishings; 1,000‑square‑foot office/retail area at the rear of the building; Roof installed in 2018
More about this property
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