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    Property profile & analytics
    OFF-MARKET
    Commercial land

    1000 1st Ave, Rock Falls, IL 61071-1629

    2 ac lot
    Entity Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US28-3083417
    Property summary
    AI-generated overview

    This exceptional 62,000 square foot multi-tenant retail building in Rock Falls, Illinois, presents a compelling investment opportunity. Strategically located at 1000 1st Ave, 61071, this property boasts a prominent position and strong tenant occupancy. Currently housing established businesses such as Ollie's Bargain Outlet, Rent-A-Center, and Dollar General, this center offers immediate cash flow potential. Three vacant suites are available, providing flexibility for a variety of retail uses. The available spaces range in size from 1,800 square feet to 11,088 square feet, with options for combining the larger storage space (11,088 sq ft) with either of the smaller storefront spaces (2,276 sq ft and 1,800 sq ft). The property sits on a substantial 100-acre lot and provides ample parking with 19 spaces. The building's strong tenant mix and prime location make it an attractive investment for both seasoned and emerging investors seeking a stable and growing retail portfolio. The available spaces offer a unique opportunity to expand existing businesses or establish new ventures in a thriving community. This property is ready for immediate occupancy and offers significant upside potential. Contact us today to learn more about this exceptional retail investment opportunity.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 2 ac (87,120 SF)
    APN 1133227015
    UPID US28-3083417
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Fidc Xiv LLC · 13 yrs held
    Fidc Xiv LLC
    since 2013
    1 recorded transaction
    2013
    $400,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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