NOT LISTED FOR SALE

1608 E Rock Falls Rd Rock Falls, IL 61071

Estimated Value: $557,939

Studio
-- Bath
16,000 Sq Ft
$35/Sq Ft Est. Value

Sale Details

Date Sold: June 5, 2023

Last sale price $640,000 $40 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $3,618 / mo

51 Days on Market

Highlights

  • Deck
  • Patio
  • Heating Available
  • Air Conditioning
  • Storage Shed

About This Home

As of June 2023

Looking for a long term, excellent investment with 13 apartment units and 36 storage units?? The apartments were built in 1995, are in two buildings, very seldom vacant, and rents that average about $9000.00 total per month. A number of the units have been recently renovated with new flooring, paint, and appliances. Apartment square footages range from 450 square feet to 900 square feet. The two self-storage units are all steel roofed, have square footages from 100 square feet up to 400 square feet and were built in 2005. All four buildings and the two adjacent lots are included in the sale. These units are located on Route 30, 3 miles West of I-80 and easily accessed from I-88. They have high returns, a great rental history, and are well built and maintained. The septic was recently pumped and the well was checked.

Last Agent to Sell the Property

KAREN SENIOR

Wingert Real Estate LLC License #475071562 Listed on: 04/05/2023

Last Buyer's Agent

JD Gieson

Re/Max of Rock Valley License #475189225

Re/Max of Rock Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,076

Year Built

  • Built in 2005

Lot Details

  • 1.99

Home Design

  • Slab Foundation
  • Shingle Roof
  • Metal Roof
  • Siding

Interior Spaces

  • 16,000 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Stove
  • Range

Parking

  • 13 Car Parking Spaces
  • Additional Parking

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • 13 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,076

Year Built

Built in 2005

Lot Details

1.99 Acres

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop, Oven
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 8000
  • Front: 186.04
  • General Features: Additional Parking, Deck, Patio, Storage Shed
  • Legal Description: YEOWARD & KAUFMAN 1 ST ADD LOTS 12 & 13
  • Lvt Date: 04/05/2023
  • Rear: 185.71
  • Side 1: 478.37
  • Side 2: 458.98
  • Style: 2 Story
  • Type: 5+ Units
  • Maintenance Yr: 9100
  • Management Yr: 5285
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 13
  • Number Of Units In Bldg: 13
  • Other Yr: 7176
  • Utilities Yr: 14916
  • Agent Only_ L A1 User Code: F_163
  • Elementary School: Other/Outside Area
  • Estimated Total Finished Sq Ft: 16000
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Looking for a long term, excellent investment with 13 apartment units and 36 storage units?? The apartments were built in 1995, are in two buildings, very seldom vacant, and rents that average about $9000.00 total per month. A number of the units have been recently renovated with new flooring, paint, and appliances. Apartment square footages range from 450 square feet to 900 square feet. The two self-storage units are all steel roofed, have square footages from 100 square feet up to 400 square feet and were built in 2005. All four buildings and the two adjacent lots are included in the sale. These units are located on Route 30, 3 miles West of I-80 and easily accessed from I-88. They have high returns, a great rental history, and are well built and maintained. The septic was recently pumped and the well was checked.
  • Designated Managing Broker Y N: No
  • Potential Annual Expenses: 46648.00
  • Separate Electric: No
  • Separate Heat: No
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 16000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Slab

Exterior Features

  • Exterior: Siding
  • Roof: Shingle, Metal

Garage/Parking

  • Total Numberof Parking Spaces: 13

Utilities

  • Cooling: Wall Unit
  • Heating: Electric
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2021
  • Taxes: 8076

MLS Schools

  • HighSchool: Other/Outside Area
  • School District: Other/Outside Area
  • Middle School: Other/Outside Area

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2025
Sold by
Bought by
Current Estimated Value
$557,939

Purchase Details

Listed on
Apr 5, 2023
Closed on
May 26, 2023
Sold by
Bought by
Seller's Agent
KAREN SENIOR
Wingert Real Estate LLC
Buyer's Agent
JD Gieson
Re/Max of Rock Valley
List Price
$715,000
Sold Price
$640,000
Premium/Discount to List
-$75,000
-10.49%
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.36%

Purchase Details

Closed on
Feb 8, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2017
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
$450,000 None Listed On Document
$245,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $360,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/05/2023 06/05/23 Sold $640,000 -10.5% $40 / Sq Ft
04/05/2023 04/05/23 For Sale $715,000 -- $45 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,458 $87,530 $8,000 $79,530
2024 $7,558 $87,530 $8,000 $79,530
2023 $7,655 $87,530 $8,000 $79,530
2022 $7,802 $87,530 $8,000 $79,530
2021 $8,076 $87,530 $8,000 $79,530
2020 $8,108 $87,530 $8,000 $79,530
2019 $8,164 $87,530 $8,000 $79,530
2018 $7,937 $87,530 $8,000 $79,530
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    KAREN SENIOR

    Wingert Real Estate LLC

    (815) 275-5633

    60 Total Sales

    KAREN SENIOR
    Section Image
  • JD Gieson

    Buyer's Agent in 2023

    JD Gieson

    RE/MAX

    (815) 677-1873

    488 Total Sales

    JD Gieson
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202301509

NorthWest Illinois Alliance of REALTORS®

APN: 1702126024

Illinois Whiteside County Rock Falls 61071

1608 E Rock Falls Rd, Rock Falls, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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