2280 Rock City Road, Ridott, IL 61067

Active · For Sale · Multi Family 5+

$469,900

2280 Rock City Road, Ridott, IL 61067

Units
5
Price / Unit
$93,980
Est. GRM
313.27
Gross Income
$1,500

Property Overview

Discover endless possibilities on this expansive 9.16-acre property, featuring three single-family homes and one multi-family residence, all set in a peaceful agricultural-zoned setting. Ideal for investors, multi-generational living, or those seeking income-producing opportunities, this unique estate offers a flexible layout with room to expand. The property includes multiple garages attached to each building and a detached garage and a large pole barn, perfect for equipment, storage, or future projects. Utilities include natural gas, well and septic. Currently, one single-family home is tenant-occupied, providing immediate rental income; one is owner-occupied and well-maintained; and one home requires major rehab, offering significant upside potential. With its mix of usable structures, abundant space, and agricultural zoning, this property is a rare opportunity with tremendous potential for development, rental expansion, or personal use.

Investor Resource

Property Intelligence

Financial Snapshot

Reported Annual Income
$1,500
Estimated GRM
313.27
Annual Taxes
$10,182 (2024)

Property Details

Units
5
Building Size
5,086 SF
Lot Size
360,317 SF
Lot Acreage
9.16
Lot Dimensions
587x395x604x375
Stories
1
Year Built
1967
Building Age
36-50 Years
Construction
Concrete, Block, Vinyl Siding, Frame
Roof
Truss, Composition
Zoning
OTHER
Parcel Number
20054000060000

Operations & Utilities

Heating
Forced Air, Gas
Cooling
Central Air, Window Unit(s)
Tenant Pays
Electricity, Heat
Electric
Circuit Breakers, Fuses
Water Source
Shared Well
Utilities
Cable Available

Location & Use

County
Stephenson
Market Area
Ridott
Township
Ridott
Present Use
Multi-Family, Other
Potential Use
Commercial, Development, Mu
Frontage
City Street, County Road

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.