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Listing provided courtesy of RE/MAX of Rock ValleyMREDas Distributed by MLSGrid- MLS# 12600671MLS Provider

506 Ave FSterling, IL 61081

Multi-Family · 4 Beds
$69,900 Active

506 Ave F Overview

Time on Site:
95 days
Visits:
1

Calling all investors! Value add 2 unit opportunity in Sterling featuring up & downstairs units featuring 2 bed & 1 bath each. Tenants pay all utilities. Lower unit currently occupied and includes basement with laundry. Upstairs unit pending new windows to be installed. Sold as is.

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506 Ave F Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 5

Building Information

  • New Construction: No
  • Year Built: 1900

Location/Region

  • County Or Parish: Whiteside
  • MLS Area Major: Sterling
  • Township: Sterling

Tax Information

  • Tax Annual Amount: $2,816.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 11213380030000
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 2
  • Bedrooms Total: 4
  • Bedrooms Possible: 4
  • Full Baths Building: 2

General Information

  • Basement: Unfinished, Full
  • Foundation Details: Block
  • Heating: Forced Air
  • Rooms Total: 10

Exterior

Parking Information

  • Parking Features: Yes, Other
  • Parking Total: 2

Lot Information

  • Lot Size Dimensions: 50x60
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 600
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

506 Ave F Neighborhood

Community

61081 (Sterling) Demographics

44
Median Age
167
Population Density (per sq. mile)
30%
College Educated
$55,459
Estimated Median Income
5,999
Estimated Total Home Owners
2,660
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

506 Ave F Monthly Cost

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$ %
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$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

506 Ave F Market Data

Based on the last 30 days in this zip code

$225,913
Average List Price
$126
Average Price per Square Foot
27
Properties Sold
76
Average Days on Market
61
Properties for Sale
Calculations provided by Reliance Network

506 Ave F History

Date Event Value Agent
5/5/2026Source: MRED Status Change
Active
4/30/2026Source: MRED Price Reduction
$69,900 -12.5%
4/30/2026Source: MRED Status Change
Price Change
4/30/2026Source: NorthWest Illinois Alliance MLS Price Reduction
$69,900 -12.5%
3/31/2026Source: MRED Status Change
Active
3/26/2026Source: NorthWest Illinois Alliance MLS Added to Database
March 26, 2026
3/26/2026Source: MRED Added to Database
March 26, 2026