Financial
Distress signals
Property profile

2742 22nd St Rockford, IL 61109

OFF-MARKET
Commercial real estate
Property ID
US28-1696503
7,000 SF 0.69 ac lot Built 1992
Last sale Nov 2014 · $165,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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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

What does the county charge?
Assessed value · 2023$75k
Assessed land$13k
Assessed improvement$61k

Value estimate

· Sep 2026
$165k
$149k – $182k
AI approach$165k

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

Recently sold

What actually traded nearby?
$54/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$28 – $98
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?
I1
The primary purpose of the I-1, Light Industrial district is to accommodate low impact manufacturing, wholesaling, warehousing, and distr...
General categoryINDUSTRIAL
JurisdictionWINNEBAGO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency40.0
Restaurant35.2
Dental Office29.0

Location

2742 22nd St Rockford, IL 61109-1462
County assessor Recorded deeds · 3 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2nd Senate, Rockford, IL 61109 $2,000,000 Dec 2025 6,500 SF
3458 35th, Rockford, IL 61109-2501 $260,000 Dec 2025 7,200 SF
5105 American, Rockford, IL 61109-6310 $51,000 May 2025 7,000 SF
2905 11th, Rockford, IL 61109 $210,000 Mar 2024 6,350 SF
3119 11th, Rockford, IL 61109-2201 $660,000 Jan 2023 6,500 SF
5750 Sandy Holw, Rockford, IL 61109-2798 $1,854,000 Nov 2022 7,240 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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