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    Rock Falls, IL
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    Rock Falls, IL Multifamily Properties for Sale

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    Sterling, IL Dixon, IL Deer Grove, IL
    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.

    Opportunities in Nearby Cities

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

    Sterling IL Two-Unit Property
    $69,900
    Sterling IL Two-Unit Property

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

    506 Ave F, Sterling, IL 61081

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    2015 Duplex With Two Units
    $139,900
    2,000 SF
    2015 Duplex With Two Units

    Well-maintained 2015 duplex offering two separate 2-bedroom, 1.5-bath units for rental income or owner-occupancy.

    1012 W 4th Street, Sterling, IL 61081

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    Thomson, Illinois Three-Unit Property
    $48,000
    Thomson, Illinois Three-Unit Property

    Three-unit property in central Thomson, Illinois, with investment potential.

    2000 Illinois Route 84 Highway, Thomson, IL 61285

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    Mixed-Use Property in Thomson, IL
    $227,900
    4,736 SF
    Mixed-Use Property in Thomson, IL

    Mixed-use property with residential units and commercial space for sale.

    823 W Main Street, Thomson, IL 61285

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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
    Contact for pricing
    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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    Land For Sale, Lakemoor, IL
    Contact for pricing
    0.12 Acres
    Land For Sale, Lakemoor, IL

    Commercial land available in Lakemoor, Illinois.

    27 Oyster Bay, Lakemoor, IL 60051

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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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    Wooded Homesite in Wheatfield, Indiana
    Contact for pricing
    0.57 Acres
    Wooded Homesite in Wheatfield, Indiana

    Spacious, wooded 0.57-acre lot in established neighborhood.

    4418 Oakland Court, Wheatfield, IN 46392

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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 0 square feet of properties for sale, with an estimated market value of $2,414,800.

    Sale prices for multifamily properties in Rock Falls, IL start at $24,900, averaging $603,700, 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

    Duplexes 1
    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 median 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%

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