Multifamily

Rock Falls, IL Multifamily Properties for Sale

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Rock Falls Mixed-Use Building
Updated: Dec 19, 2025
Rock Falls Mixed-Use Building

110 W 2nd Street, Rock Falls, IL 61071

$265,000
0.06 AC lot
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.
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Riverside MHC Investment Opportunity
Updated: Feb 26
Riverside MHC Investment Opportunity

900 Regan Rd, Rock Falls, IL 61071

$2,100,000
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.
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Side-by-Side Duplex Investment
Side-by-Side Duplex Investment

811 Leroy Ave, Rock Falls, IL 61071

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3,126 sqft

A spacious side-by-side duplex with two rented units, separate utilities, basements, and private outdoor living space.

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Rock Falls Multifamily Property
Rock Falls Multifamily Property

402 6TH Avenue, Rock Falls, IL 61071

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Multifamily property for sale in Rock Falls, Illinois.

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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.

Opportunities in Nearby Cities

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

Residential Income Multifamily Property
Residential Income Multifamily Property

402 S Ottawa Avenue, Dixon, IL 61021

$169,000
0.15 AC lot

Residential income multifamily property for sale at 402 S Ottawa Avenue in Dixon, Illinois.

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Two-Story Duplex With 3 Beds
Two-Story Duplex With 3 Beds

109 E Chamberlin Street, Dixon, IL 61021

$119,000
2,800 sqft

Spacious two-story duplex with two 3-bedroom units, each with kitchen appliances included.

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47-Site Mobile Home Park
47-Site Mobile Home Park

1501 W 4th St, Sterling, IL 61081

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Stabilized 47-site mobile home park with tenant-owned homes, park-owned rentals, apartments, and a restaurant tenant.

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Six-Unit Apartment Building
Six-Unit Apartment Building

206 W 5th St, Sterling, IL 61081

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Fully rented six-unit complex with all 2-bedroom units and tenant-paid utilities.

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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.

Land For Sale, Lakemoor, IL
Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

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0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

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3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Wooded Homesite in Wheatfield, Indiana
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

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0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Buildable Residential Lot with Pines
Buildable Residential Lot with Pines

Bollig Court lot: 2, Nekoosa, WI 54457

$35,000
2.45 AC lot

A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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Rock Falls, IL Multifamily Properties Market Trends and Statistics

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 3,126 square feet of properties for sale, with an estimated market value of $2,389,900.

Sale prices for multifamily properties in Rock Falls, IL start at $0.00, averaging $597,475, and reaching up to $2,100,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 2
Mobile home & RV parks 1

Demographics Overview

Population 13K
Population Growth (5Y) -3.7%
Median Household Income $57,909
College Educated 22.8%

High-Yield Neighborhoods for Investment

Identify Rock Falls submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61071 $591.3K

Taxes & Financing

Tax Rate (average for all types) 10.35%
Tax Rate vs County Average 1.73 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Whiteside County

New Delisted

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