201 W 2nd Street

Rock Falls, IL

Property Details

EXCITING OPPORTUNITY TO OWN A LONG STANDING, FAMILY RESTAURANT WITH A 28-YEAR HISTORY! La Familia is a family-owned Mexican restaurant in the heart of the RB & W District in Rock Falls, Illinois. PRIME location, right on the corner of 2nd Street and 2nd Avenue, just blocks from the riverfront and parks. This restaurant is TURN-KEY and is being sold with all the FF&E and kitchen equipment. The property has a large, dry basement, with walk-in coolers, freezers, and tons of storage. In addition to the restaurant, the building also has a 500 SF +/- office in the rear, with a commercial prep kitchen space. There’s also a 1 bed, 1 bath apartment upstairs currently rented to an employee for $600/month, and there’s two more small apartments that need some work, but can be updated for leasing. This property sits on 0.6 acres, and includes the attached parking to the West, which could be converted to a patio/outdoor seating for the restaurant. Neighboring businesses include PJ’s, The Speakeasy at La Bella Notte, Wizard of Paws, Stahr Media, 7:24 Fitness on the Rock, Coqui Comfort, Flip Side Coffee, Corner Tap, Bartini’s, J W’s 3rd Base, Froggy’s Bar & Grill, Jeff’s Juke Joint, Whiskey Barrel, The Cooler, Krupted Rides, Firehouse Fire Museum, and Sundae Funday.

MLS #: QC4260110

Type: Office, Retail, Restaurant, Bar/Tavern

Address: 201 W 2nd St

City: Rock Falls

Zip: 61071

County: Whiteside
Sale Price: $425,000

Available SF: 5,400

Annual Taxes: $2,506.62

Zoning: C

Listing Office: Hawkeye Commercial Real Estate

Brochure

Brochure

Location

Agent

Max Gellerman

Commercial Sales Associate
563-676-2806

David Gellerman

CEO/Managing Broker
563-505-6254