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$30,000
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Property Description
This side-by-side duplex offers a great opportunity for investors or rehabbers looking for their next project. The property is in need of significant repairs and renovation and is being sold as-is. There are no utilities currently on, including no power, and the property will require a cash buyer. This is a full renovation opportunity for someone ready to bring this duplex back to life. Located near shopping, hospitals, and restaurants.
Full Property Details
Full Property Details for 505 W 5th St
General
- Price: $30,000
- Taxes: $1,287 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12545159
- Updated: 1/17/2026
- Added to Site: 7 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Total Spaces: 2
- Parking Features: Yes
Location
- Area: Rock Falls
- County: Whiteside
- Township: Coloma
- Driving Directions: I-88 to US-30 towards Rock Falls. North on 8th Ave, right on W 5th St. Property located on South side of w 5th St.
School Information
- School District: 13
- Elem School District: 13
- Midd School District: 13
- High School District: 301
- High School: Rock Falls Township High School
- Private School: Rock Falls Township High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Other
- Exterior Const.: Other
- Basement: Yes
- Basement Desc.: Unfinished, Partial
- Foundation: Block
- Roof: Other
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.15
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 59 x 110
- Lot Features: Level
- Zoning: SINGL
Financial Considerations
- Assessment Year: 1900
- Tax Amount: $1,287
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 11284090040000
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Schools
Schools serving 505 W 5th St
School Districts:Rock Falls Elementary School District 13, Rock Falls Township High School District 301
| Name | Grades | Distance |
|---|---|---|
Merrill Elementary School, Rock Falls, IL 600 4th Avenue, Rock Falls, IL 61071 | 3-5 | 0.2 mi |
Dillon Elementary School 1901 8th Avenue, Rock Falls, IL 61071 | K-2 | 1 mi |
Rock Falls Middle School 1701 12th Avenue, Rock Falls, IL 61071 | 6-8 | 0.9 mi |
Rock Falls Township High School 101 12th Avenue, Rock Falls, IL 61071 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 W 5th St
Date
Details
Price
Change
Source
1/11/2026
Listed
$30,000
-39.39%
MLS
7/10/2015
Sold
$49,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 W 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,287
11%
$17,737
8%
2023
$1,162
7%
$16,358
6%
2022
$1,090
8%
$15,423
6%
2021
$1,010
1%
$14,592
2%
2020
$999
8%
$14,342
4%
2019
$921
9%
$13,829
2%
2018
$846
2%
$13,521
2%
2017
$833
3%
$13,267
2%
2016
$806
-45%
$13,044
-1%
2015
$1,476
1%
$13,149
-1%
2014
$1,467
—
$13,336
-3%
2013
$1,473
—
$13,702
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 W 5th St
505 W 5th Street, Rock Falls, IL 61071 (MLS# 12545159) is a Multi-Family property with 2 units containing 2 bedrooms and 0 full bathrooms. 505 W 5th Street is currently listed for $30,000 and was received on January 11, 2026. Want to learn more about 505 W 5th Street? Do you have questions about finding other Multi-Family real estate for sale in Rock Falls? You can browse all Rock Falls real estate or contact a Coldwell Banker agent to request more information.
