Building Details

Year Built 1900

Listing Agency: QC Reserve - Real Broker

Listed By: Rachel Thomas · License #475.165876 Show Phone

Source: Kw

Added: Sep 24 Last Checked: Sep 24 at 2:48PM

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Investment Insights

Based on property information with market context.

This side-by-side duplex dates to 1900 and needs significant repair and renovation. It is being sold as-is, with no utilities currently active, including electricity. Natural gas is listed as an interior feature. The property requires a cash buyer.

Shopping, hospitals, and restaurants are nearby.

Key Highlights

• Side‑by‑side duplex configuration
• Built in 1900
• Significant repairs and renovation required

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring Store Catering Service Kitchen & Bath Showroom

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

2

Residential units

Location Intelligence

Trade Area within ½ mile

438

Businesses Nearby

Explore this area Business Placement

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 Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - The building requires substantial renovation and is being offered in its current condition.

Where is this duplex located?

The property is located at 505 W 5th Street Rock Rock Falls, IL.

What are key features of this property?

This property features: Side‑by‑side duplex configuration; Built in 1900; Significant repairs and renovation required