Financial
Distress signals
Property profile

2100 23Rd Ave Rockford, IL 61104

FOR LEASE
Industrial properties
Property ID
US28-5271688
161,810 SF 5 ac lot Built 1947
Last sale Feb 2026 · $4,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ 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

What does the county charge?
Assessed value · 2023$589k
Assessed land$32k
Assessed improvement$557k

Value estimate

· Sep 2026
$410k
$369k – $451k
Submarket $/SF estimate$2.95M

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: Realty agency
Demand index
Realty agency39.5
Restaurant29.5
Dental Office28.6

Location

2100 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 · 15 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
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
23rd, Rockford, IL 61104 $500,000 Dec 2023 54,017 SF
2500 Kishwaukee, Rockford, IL 61104-7010 $5,000,000 Nov 2023 140,910 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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