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    The Largest CRE Database in the US with Over 1 Million Listings

    Karen Walsh, Rockford, IL

    License ID: 471015351
    Cbre Inc
    Association
    Rockford Area Association Of Realtors

    Service Locations

    Contact details

    Phone:
    (815) 218-3438
    Office Address:
    973 Featherstone Rd, Rockford, IL, 61107

    Performance

    Listings
    67

    Listings

    For Sale (35)

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    • Contact for pricing
      40,731 SF

      Rockford Retail Space Available

      Prime Retail Space, High Traffic Area
      7340 State St, Rockford, IL 61108
      View Details
    • Contact for pricing
      10.00 Acres

      Rockford Industrial Land Development

      161 Acres, Build-to-Suit Options Available
      I-39 And Baxter Rd, Rockford, IL 61109
      View Details
    • Contact for pricing
      140.00 Acres

      Rockford Industrial Development

      140+ acres, build-to-suit options.
      I-39 And Baxter Rd, Rockford, IL 61016
      View Details
    • Contact for pricing
      4,700 SF

      Freeport Medical Office Building

      4,700 SF Office Building - Sale/Lease
      1026 Kunkle Blvd, Freeport, IL 61032
      View Details
    • Contact for pricing
      5.00 Acres

      Riverside Blvd

      Land • 50,000 SF
      0 Riverside Blvd, Loves Park, IL 61111
      View Details
    • Contact for pricing
      63,034 SF

      Rockford Industrial Property

      63,034 SF Warehouse, Manufacturing
      1827 18Th Ave, Rockford, IL 61104
      View Details
    • Contact for pricing
      20.00 Acres

      Rockford Industrial Land Portfolio

      Prime Industrial Land, I-39 Access
      43XX Rotary Rd, Rockford, IL 61109
      View Details
    • Contact for pricing
      1.00 Acre

      Roscoe, IL Development Land

      Prime residential acreage near Rock River.
      108xx Edgemere Ter, Roscoe, IL 61073
      View Details
    • Contact for pricing
      1.00 Acre

      Sterling Retail Land Investment Opportunity

      Prime commercial lots, Hwy 2 frontage.
      3913 Lincolnway, Sterling, IL 61081
      View Details
    • Contact for pricing
      9.26 Acres

      Rockford Commercial Land - 9.26 Acres

      Prime Commercial Land, I-90 Visibility
      1631 Bell School Rd, Rockford, IL 61107
      View Details
    • Contact for pricing
      0.92 Acres

      Loves Park Commercial Land - 0.92 Acres

      Prime Retail Land, I-90 Corridor, Loves Park
      7280 Riverside Blvd, Loves Park, IL 61111
      View Details
    • Contact for pricing
      279,200 SF

      Marengo Warehouse: 279,200 SF

      Massive Illinois warehouse, ideal for industrial use.
      300 West St, Marengo, IL 60152
      View Details
    • Contact for pricing
      10.00 Acres

      Belvidere Industrial Land - 10 Acres

      Prime 10-acre industrial site, build-to-suit option.
      20 And Town Hall Rd, Belvidere, IL 61008
      View Details
    • Contact for pricing
      0.71 Acres

      Blain's Farm & Fleet Pad Sites

      Loves Park, IL Retail Land for Sale
      0 Riverside Blvd & Joesten Dr, Loves Park, IL 61111
      View Details
    • $855,000
      10.84 Acres

      Rockford Commercial Land - $855K

      10.84 Acres, I-90 Visibility, Divisible
      0 Xxxx Royal Oaks Rd, Rockford, IL 61107
      View Details
    • Contact for pricing
      10.00 Acres

      Rockford Industrial Land - 142 Acres

      Prime industrial land, Rockford, IL. Exceptional location & utilities.
      4628 Main St, Rockford, IL 61102
      View Details
    • Contact for pricing
      1.00 Acre

      Roscoe, IL Commercial Land

      Prime Retail Development Site, 3.47 Acres
      0 Rockton Rd & Quail Trl, Roscoe, IL 61073
      View Details
    • Contact for pricing

      Rockford Retail Outlot - 1 Acre

      Prime East State St. retail land, built-to-suit.
      3800 State St, Rockford, IL 61108
      View Details
    • Contact for pricing
      1.00 Acre

      10209 Russ St

      Land • 1.00 Acre
      10209 Russ St, Machesney Park, IL 61115
      View Details
    • Contact for pricing
      180,500 SF

      Harvard Industrial Property: 180,500 SF

      Massive industrial building, ideal for distribution, manufacturing, or cold storage.
      6303 Maxon Rd, Harvard, IL 60033
      View Details
    • Contact for pricing
      5.00 Acres

      Riverside Blvd

      Land • 5.00 Acres
      0 Riverside Blvd, Loves Park, IL 61111
      View Details
    • Contact for pricing
      2.63 Acres

      Rockford Commercial Land - 2.63 Acres

      Prime Rockford location, C2 zoning, high traffic.
      3123 Alpine Rd, Rockford, IL 61109
      View Details
    • Contact for pricing
      130,154 SF

      Lindenwood Industrial Investment Opportunity

      130,154 SF industrial facility on 32.39 acres for sale.
      127 S Walnut St, Lindenwood, IL 61049
      View Details
    • Contact for pricing

      Galena Industrial Park Warehouse

      40,000 SF warehouse with office space and climate control.
      100 A J Harle Dr, Galena, IL 61036
      View Details
    • Contact for pricing

      Stockton Industrial Building on Acreage

      Industrial building with acreage available for sale in Stockton, IL.
      535 S Simmons St, Stockton, IL 61085
      View Details
    • Contact for pricing

      Commercial/Residential Development Opportunity

      1.88 acres near Bypass 20/11th St. interchange.
      2815 11Th St, Rockford, IL 61109
      View Details
    • Contact for pricing

      Development Land Near Interchange

      Up to 80 acres of shovel-ready development land available.
      33xx S Us 20, Rockford, IL
      View Details
    • Contact for pricing

      Rockford Commercial Land For Sale

      Prime location land available along E. State St. retail corridor.
      53XX E State St, Rockford, IL 61104
      View Details
    • Contact for pricing

      E. Riverside Blvd. Outlot Available

      0.92 acre commercial land for development on E. Riverside.
      7280 E Riverside Blvd, Loves Park, IL 61111
      View Details
    • $855,000

      10.84 Acre Commercial Site

      Commercial land for sale near retail and Hard Rock Casino.
      5.41 ACRES Royal Oaks Rd, Rockford, IL 61107
      View Details
    • Contact for pricing
      350,000 SF

      Loves Park Shovel-Ready Land

      5-33.3 acre shovel-ready sites in Loves Park Corporate Center.
      Beverage Blvd. And Harvey Rd, Loves Park, IL
      View Details
    • Contact for pricing

      Land For Sale

      20 to 134.05 acres of land for sale.
      Rotary Rd, Rockford, IL 61109
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    • Contact for pricing

      Residential Land in Desirable Location

      4.04 acres in desirable area with utilities on site.
      2003 Riverside Blvd E, Rockford, IL 61114
      View Details
    • Contact for pricing

      11.82 Acres Commercial Land Available

      11.82 acres of commercial land approved for apartment development.
      6700 Garrett Ln, Rockford, IL 61107
      View Details
    • Contact for pricing

      7.02 Acres For Sale

      7.02 acres approved for 136-unit assisted living development.
      69XX Garrett Ln, Rockford, IL 61107
      View Details

    For Lease (32)

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    • Contact for pricing
      15,093 SF

      Crimson Ridge: Premier Office Space

      High-visibility office/retail suites available.
      735 Perryville Rd, Rockford, IL 61107
      View Details
    • Contact for pricing
      1,672 SF

      Manteno Executive Office Space

      Prime Office, 1672 sq ft, Available Now
      303 Section Line Rd, Manteno, IL 60950
      View Details
    • Contact for pricing
      279,200 SF

      Prime Marengo Warehouse Space

      Large warehouse space, multiple suites available.
      300 West St, Marengo, IL 60152
      View Details
    • Contact for pricing
      4,501 SF

      Mendota Executive Office Suite

      Prime Mendota Office Space Available
      609 8Th Ave, Mendota, IL 61342
      View Details
    • Contact for pricing
      4,700 SF

      Freeport Medical Office Building

      4,700 SF Office, Sale/Lease, IL
      1026 Kunkle Blvd, Freeport, IL 61032
      View Details
    • Contact for pricing
      44,000 SF

      Rockford Executive Office Space

      Class A Office Suites, Rockford, IL
      6838 State St, Rockford, IL 61108
      View Details
    • Contact for pricing
      1,500,000 SF

      Rock 39 Industrial Park: Prime Location

      140 Acres, Build-to-Suit Options Available
      I-39 And Baxter Rd, Rockford, IL 61016
      View Details
    • Contact for pricing
      13,400 SF

      Belvidere Retail Space For Lease

      High-traffic retail space, excellent visibility.
      2294 Gateway Center Dr, Belvidere, IL 61008
      View Details
    • Contact for pricing
      15,305 SF

      Roscoe Retail Strip Center For Lease

      1,302 SF Available in Prime Roscoe Location
      4775-4817 Rockton Rd, Roscoe, IL 61073
      View Details
    • Contact for pricing
      1,636 SF

      Rockford Medical Office Space For Lease

      1636 SF Medical Office, Prime Location
      6535 Lexus Dr, Rockford, IL 61108
      View Details
    • Contact for pricing
      40,731 SF

      Rockford Retail Center - 40,731 SF

      Prime Rockford retail space, fully vacant, divisible.
      7340 State St, Rockford, IL 61108
      View Details
    • Contact for pricing
      45,000 SF

      Rockford Warehouse Space Available

      Multiple units, 5,042 - 14,000 sq ft
      5242 28Th Ave, Rockford, IL 61109
      View Details
    • Contact for pricing
      5,000 SF

      Roscoe Medical Office Space For Lease

      Prime Roscoe medical office space available.
      5005 Hononegah Rd, Roscoe, IL 61073
      View Details
    • $11 SF/Yr
      15,652 SF

      Rockford Retail Center For Lease

      Prime Rockford shopping center space available.
      3600 State St, Rockford, IL 61108
      View Details
    • Contact for pricing
      350,000 SF

      Loves Park Industrial Campus

      Manufacturing space, 50,000 - 350,000 SF
      90/I-39 Riverside Blvd, Loves Park, IL 61111
      View Details
    • Contact for pricing
      8,631 SF

      Prime Bradley Office Space Available

      8,631 SF Office, Multiple Configurations
      435 North St, Bradley, IL 60915
      View Details
    • Contact for pricing
      29,345 SF

      Bell Valley Commons: Executive Suites

      Class A Office Space, Rockford, IL
      1252 Bell Valley Rd, Rockford, IL 61107
      View Details
    • Contact for pricing
      74,000 SF

      93 Acre Campus with Buildings

      93-acre campus with five buildings available for lease or sale.
      300 N St West, Marengo, IL
      View Details
    • Contact for pricing
      63,034 SF

      Rockford Warehouse with Fenced Yard

      63,034 SF warehouse with secure fenced yard for lease.
      1827 18Th Ave, Rockford, IL 61104
      View Details
    • Contact for pricing
      3,800 SF

      Retail Space in Renovated Center

      Retail space with abundant parking and easy road access.
      6307-6499 N 2Nd St, Loves Park, IL 61111
      View Details
    • Contact for pricing

      Land for Rent in Cherry Valley

      Land available for rent at 1650 TEMPLE LN, Cherry Valley, IL.
      1650 Temple Ln, Cherry Valley, IL
      View Details
    • Contact for pricing
      12,800 SF

      Rockford Warehouse Space Available

      Industrial warehouse space available for lease in Rockford, Illinois.
      4995 28Th Ave, Rockford, IL 61109
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space Near Walmart

      13,400 SF strip center shadow-anchored by Walmart.
      2294 Gateway Center Dr, Belvidere, IL 61008
      View Details
    • Contact for pricing
      7,928 SF

      Class A Office Building

      Class A office building for lease in Rockford's retail corridor.
      6838 East State St, Rockford, IL 61108
      View Details
    • $11 SF/Yr

      Rockford East Side Retail Center

      Retail and office spaces available in established Rockford shopping center.
      3600 East State St, Rockford, IL 61108
      View Details
    • Contact for pricing
      21,326 SF

      Class A Office Building

      Prominent office building with I-90 visibility and state-of-the-art finishes.
      1252 Bell Valley Rd, Rockford, IL 61101
      View Details
    • Contact for pricing
      15,600 SF

      Retail and Office Space Available

      Multi-tenant building with retail and office spaces for lease.
      735 Perryville Rd N, Rockford, IL 61107
      View Details
    • Contact for pricing
      3,773 SF

      Mendota Office Space Available

      Office space available for lease in Mendota, Illinois.
      609 8Th Ave, Mendota, IL 61342
      View Details
    • Contact for pricing
      1,672 SF

      Bank Building with Office Space

      Office and retail space available for rent in Manteno, IL.
      303 Section Line Rd, Manteno, IL 60950
      View Details
    • Contact for pricing
      23,000 SF

      Industrial Space with Office Options

      Industrial and office space available in Rockford, Illinois.
      5242 28Th Ave, Rockford, IL 61109
      View Details
    • Contact for pricing
      3,891 SF

      Retail Space in Roscoe

      Retail space available in high-visibility Roscoe location.
      5005 Hononegah Rd, Roscoe, IL 61073
      View Details
    • Contact for pricing
      5,528 SF

      Single-Story Office with Finished Lower Level

      Single-story office in Bradley, IL with flexible space options.
      435 East North St, Bradley, IL 60915
      View Details

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    Karen Walsh, Rockford, IL
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Karen Walsh, Rockford, IL
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