Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

816 7Th St Rockford, IL 61104

FOR SALE
Other industrial properties
Property ID
US28-5019436
36,968 SF 0.44 ac lot Built 1900
Last sale Sep 2026 · $72,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a multi-level industrial building totaling approximately 45,000+ square feet, arranged across four floors with approximately 9,080 square feet per level, plus a basement. The interior configuration includes large, open floor plans with tall ceilings, and the building is served by a functioning freight elevator. Loading-dock access supports industrial operations, and the structure is described as solid industrial construction. The building is located in Midtown Rockford and is…

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?
$4k
Tax billed · 2023
Assessed value$41k
Assessed land$6k
Assessed improvement$35k
Effective rate10.38%

Value estimate

· Nov 2026
$80k
$72k – $88k
AI approach$80k
NOI build-up
Gross scheduled income$463k
Vacancy & credit loss−$27k
Operating expenses−$131k
NOI · 244.28% cap applied$305k

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

Cap rate analysis

How does the asset earn?
244.28%
$305k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency24.4
Veterinary Clinic9.6
Dental Office9.4

Location

816 7Th St Rockford, IL 61104
County assessor Recorded deeds · 5 transfers 3 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 · 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
626 6th, Rockford, IL 61104-3045 $305,000 May 2025 26,710 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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