201 W 2nd Street Rock Falls, IL 61071 Commercial - Business Active

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Description

Successful, well established turn key restaurant in high traffic area downtown Rock Falls. Corner lot. New roof in (2018). New gas forced air furnace restaurant side (2024). Mostly newer windows -second floor. Includes all tables, chairs, and kitchen equipment. Additional 1,000 Sq. Ft. office/retail space in back of building-204 W. 2nd St. Second floor apartment space needs remodel for additional income. Includes Lot Pin#1128281011.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1890

General Information

County: Whiteside
Listed By:
RE/MAX Sauk Valley 815-625-3722
MRED MLS
$299,000
Est. $1,931/mo
Active
MLS#12535177
STATUSActive PROPERTY TYPECommercial - Business

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201 W 2nd Street, Rock Falls, IL 61071.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $299,000$299,000$299,000
Down Payment $59,800$10,465$74,750
Monthly Mortgage Amount $1,415$1,713$1,817
Taxes $416$416$416
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$131$0
Monthly Estimated Total $1,931$2,360$2,333

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About this area

Illinois/Rock Falls
Rock Falls

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About Rock Falls

Rock Falls, IL is a welcoming city in Northwest Illinois known for its scenic riverfront setting, strong community spirit, and balanced lifestyle. Situated along the Rock River, the city offers residents access to parks, walking paths, and recreational opportunities that enhance everyday living. Rock Falls blends small-city comfort with convenient access to neighboring communities, making it an appealing choice for families, professionals, and retirees alike. Local schools, community events, and a growing commercial presence contribute to the city’s stable and family-friendly atmosphere.

The real estate market in Rock Falls is diverse and accessible, offering options to suit a wide range of needs and budgets. Homebuyers will find well-established neighborhoods with classic single-family homes, many featuring traditional architecture, mature trees, and spacious yards. Ranch-style homes, multi-level designs, and older residences with character are common, alongside newer construction that provides modern layouts and updated amenities. Waterfront and river-adjacent properties are especially desirable, offering scenic views and a connection to the area’s natural surroundings.

For those seeking additional space, the outskirts of Rock Falls include homes with larger lots and semi-rural settings, ideal for buyers who value privacy while remaining close to city conveniences. The city’s affordability compared to larger metropolitan areas makes it attractive to first-time buyers and those looking to maximize value.

With its riverfront charm, strong sense of community, and variety of housing options, Rock Falls continues to stand out as a solid place to call home. It offers a comfortable, well-rounded lifestyle rooted in Midwestern values and natural beauty.

If you are ready to start your home buying or selling journey, browse the latest real estate listings in Rock Falls, IL. You can also contact us—we are here to help!

Nearest Ruhl & Ruhl Office: Clinton
301 North Second Street
Clinton, IA 52732
(563) 441-1776

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