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Rock Falls, IL Multifamily Properties for Sale

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Rock Falls Mixed-Use Building
$265,000
0.06 Acres

Rock Falls Mixed-Use Building

110 W 2nd Street, Rock Falls, IL 61071

Mixed-use property with restaurant and apartments in Rock Falls.

  • Restaurant space on the main floor offers immediate business opportunity or conversion potential.
  • Two apartments provide existing rental income ($600 and $500 monthly).
  • Newer roof (2018) reduces immediate maintenance concerns.
  • Two apartments each feature 2 bedrooms and 1 bathroom.
  • Building constructed with durable brick.
Updated: Dec 19, 2025
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Riverside MHC Investment Opportunity
$2,100,000

Riverside MHC Investment Opportunity

900 Regan Rd, Rock Falls, IL 61071

Cash-flowing mobile home park with value-add potential in Rock Falls.

  • Cash‑flowing mobile home community (MHC) with 109 lots, currently operating at a 7.0% cap rate.
  • Value‑add investment opportunity with significant upside potential through increased occupancy (39 vacant lots) and rent growth (current average lot rent $320 vs. estimated market rent of $375).
  • Potential for over 27% cash‑on‑cash returns by filling vacant lots and adjusting rents to market rates.
  • Located in Rock Falls, IL, along the I‑88 corridor, a key economic region with major employers and a stable workforce.
  • Tenant‑owned homes (TOH) comprise a significant portion of the occupied lots (65 TOH), reducing management responsibilities related to property upkeep.
Updated: Feb 26
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Rock Falls Multifamily Property
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Rock Falls Multifamily Property

Multifamily property for sale in Rock Falls, Illinois.

402 6TH Avenue, Rock Falls, IL 61071
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Multifamily Property for Sale
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Multifamily Property for Sale

Multifamily property located at 400 6th Avenue, Rock Falls, IL.

400 6th Avenue, Rock Falls, IL 61071
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Rock Falls, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Well-Maintained Duplex Near Downtown
$169,900

Well-Maintained Duplex Near Downtown

Versatile duplex near downtown, riverfront, and hospital.

324 E 2nd, Dixon, IL 61021
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Remodeled Duplex in Sterling, IL
$174,900

Remodeled Duplex in Sterling, IL

Sterling duplex featuring remodeled units and updated amenities.

607 2nd Avenue, Sterling, IL 61081
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Sterling IL Two-Unit Property
$79,900

Sterling IL Two-Unit Property

Two-unit property in Sterling, Illinois, ideal for investors.

506 Ave F, Sterling, IL 61081
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Dixon, IL Duplex Investment
$175,000
0.15 Acres

Dixon, IL Duplex Investment

Well-maintained duplex with strong rental income and established tenants.

402 S Ottawa Avenue, Dixon, IL 61021
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Lot in Gated Community
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0.12 Acres

Vacant Lot in Gated Community

Vacant lot in gated community with many amenities for seasonal living.

2795 E 28th Lot 1205 Road, Seneca, IL 61360
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University Park Developable Land
Contact for pricing
3.20 Acres

University Park Developable Land

3.2 acres with 24 concrete housing pads in University Park.

976 Mesa Court, University Park, IL 60484
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Waterfront Land on Fish Lake
$550,000
4.00 Acres

Waterfront Land on Fish Lake

4+ acres of waterfront property on crystal-clear Fish Lake.

W12381 COUNTY ROAD GG, Hancock, WI 54943
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Des Moines Development Land Available
$1,013,600
28.96 Acres

Des Moines Development Land Available

29 acres of development land near Fleur Dr and SW 9th.

01 County Line Road, Des Moines, IA 50320
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Rock Falls, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 4 multifamily properties for sale in Rock Falls, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 2,500 square feet of properties for sale, with an estimated market value of $265,000.

Sale prices for multifamily properties in Rock Falls, IL start at $265,000, averaging $265,000, and reaching up to $265,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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