Property profile

23rd Ave Rockford, IL 61104

OFF-MARKET
Industrial properties
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Property ID
US28-3357707
54,017 SF Built 1924
Last sale Dec 2023·$500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$69k
Assessed land$20k
Assessed improvement$49k
Effective rate10.38%

Value estimate

· Nov 2026
$635k
$572k – $699k
AI approach$740k
Submarket $/SF estimate$529k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$19/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$10 – $31

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: Dental Office
Demand index
Dental Office22.5
Restaurant21.8
Law Firm21.6

Location

23rd Ave Rockford, IL 61104
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
615 Buckbee, Rockford, IL 61104-4834 $250,000 Jul 2025 27,368 SF
1810 15th, Rockford, IL 61104-5431 $150,000 Jul 2025 26,838 SF
816 7th, Rockford, IL 61104-1308 $78,666 Aug 2024 36,968 SF
2340 11th, Rockford, IL 61104-7246 $1,300,000 Jan 2024 43,310 SF
1639 23rd, Rockford, IL 61104 $1,300,000 Jan 2024 28,854 SF
1000 9th, Rockford, IL 61104-4955 $500,000 Dec 2023 26,936 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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