Financial
Distress signals
Property profile

318 1st St Rockford, IL 61107

OFF-MARKET
Office Spaces
Property ID
US28-0528938
7,560 SF 0.23 ac lot Built 1950
Last sale Dec 2021 · $295,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$111k
Assessed land$11k
Assessed improvement$100k
Effective rate10.38%

Value estimate

· Sep 2026
$255k
$230k – $281k
AI approach$265k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$35 – $135
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C4
Article 22 | C-4, URBAN MIXED-USE DISTRICT 22-001 PURPOSE The purposes of the C-4, Urban Mixed-Use district are to: 22-001-A. maintain an...
General categoryMIXED_USE
JurisdictionWINNEBAGO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency15.3
Tailor Shop10.2
Plumbing Service9.4

Location

318 1st St Rockford, IL 61107-3902
County assessor Recorded deeds · 9 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
323 2nd, Rockford, IL 61107-4003 $415,000 Feb 2025 10,018 SF
534 Roxbury, Rockford, IL 61107-5076 $795,000 Dec 2023 5,992 SF
622 Roxbury, Rockford, IL 61107-5089 $4,500,000 Nov 2022 9,908 SF
4035 Morsay, Rockford, IL 61107-4875 $600,000 Sep 2022 5,571 SF
6774 Troy, Rockford, IL 61107-6626 $800,000 Sep 2021 11,152 SF
415 Financial, Rockford, IL 61107-6670 $2,331,000 Apr 2021 11,335 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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