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    • Brokers

    Mark Payne, Rockford, IL

    License ID: 475127655
    Years of Experience
    21
    Association
    Rockford Area Association Of Realtors

    Service Locations

    Contact details

    Phone:
    (815) 978-0788
    Office Address:
    6277 E. Riverside Blvd., Rockford, IL 61114

    Property Types

    • Farm
    • Land
    • Residential Multi Family

    Performance

    Listings
    7
    Total transactions
    307
    Total transactions amount
    $61M
    Price range
    $25k - 629.9k
    Average price
    $199k

    Listings

    For Sale (7)

    View map
    • $600,000
      38.34 Acres

      Land with Creek Near Rockton

      38.34 acres of land near downtown Rockton, Illinois.
      4360 W Rockton St, Rockton, IL 61072
      View Details
    • Contact for pricing
      0.25 Acres

      Residential Land Near I-90

      Duplex-style lot near I-90, walking path, and pond.
      15580 White Oak Dr, South Beloit, IL 61080
      View Details
    • $39,900
      0.72 Acres

      Partially Wooded Lot in Roscoe

      0.72 acre partially wooded lot with exposure potential.
      13062 Deer Xing, Roscoe, IL 61073
      View Details
    • $39,900
      0.69 Acres

      Residential Land in Hidden Creek

      Partially wooded 0.69 acre lot in Hidden Creek.
      7940 Hidden Creek Ln, Roscoe, IL 61073
      View Details
    • $174,900
      3.11 Acres

      Commercial Land in South Beloit

      3.11 acres of commercially zoned land for sale.
      Xxxx Willowbrook, South Beloit, IL 61080
      View Details
    • $503,118

      Machesney Park Land Opportunity

      4.24 acres near Hwy 173 and Hwy 251.
      701 Russ Ave, Machesney Park, IL 61115
      View Details
    • $225,000
      5,145 SF

      Corner Building with Ample Parking

      5,145 SF building with basement and overhead door.
      707 Marchesano Dr, Rockford, IL 61102
      View Details

    Leases and Sales on Map

    • For Sale

    Properties for sale

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    Mark Payne, Rockford, IL
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    Realmo Value Estimation

    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.

    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.

    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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    Mark Payne, Rockford, IL
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