This office property is located in East Rockford, providing access to downtown Rockford, Interstate 90, Business 20, and Bypass 20. The building encompasses approximately 49,931 square feet and is configured with features such as on-site management, signage opportunities, a fitness center, banking facilities, and large conference rooms.

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.

Debts

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?

$93k

Tax billed · 2023

Assessed value$895k

Assessed land$122k

Assessed improvement$773k

Effective rate10.38%

Value estimate

· Oct 2026

$5.55M

$4.99M – $6.10M

AI approach$5.76M

Submarket $/SF estimate$4.52M

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

Recently sold

What actually traded nearby?

$121/SF

ZIP average, outlier-cleaned · 89 recorded sales of this use type

Observed band · Q1–Q3$44 – $212

Qualifying comparables3

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?

The purpose of the C-2, Limited Commercial district is to provide a wide range of development options for the retail sale of goods and fo...

General categoryCOMMERCIAL

JurisdictionWINNEBAGO

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency27.5

Kitchen & Bath13.9

Wholesale Shop12.4

1111 Alpine Rd Rockford, IL 61108-3940

County assessor Recorded deeds · 8 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 · 15 properties nearby

Address Sale price Sold Size

1437 Bell School, Rockford, IL 61108-1405 $800,000 Apr 2025 10,234 SF

4120 Charles, Rockford, IL 61108-6288 $1,024,500 Nov 2023 13,662 SF

1463 Bell School, Rockford, IL 61108-1406 $800,000 Jul 2023 10,234 SF

555 Perryville, Rockford, IL 61108-2522 $1,200,000 Jun 2022 26,260 SF

6080 Elaine, Rockford, IL 61108-3006 $735,000 Feb 2022 9,526 SF

4215 Newburg, Rockford, IL 61108-6479 $26,000 Dec 2021 10,305 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

Value Estimation
$8,285,000

70,986 SF

1252 Bell Vly Rd

OFFICE (GENERAL)

1252 Bell Vly Rd, Rockford, IL 61108-4439

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Value Estimation
$1,425,000

54,445 SF

2475 Arnold Ave

OFFICE (GENERAL)

2475 Arnold Ave, Rockford, IL 61108

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Value Estimation
$3,885,000

160,000 SF

5301 State St

OFFICE (GENERAL)

5301 State St, Rockford, IL 61108-2901

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Value Estimation
$380,000

13,591 SF

4200 Broadway

OFFICE (GENERAL)

4200 Broadway, Rockford, IL 61108

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Value Estimation
$1,435,000

10,947 SF

2550 Alpine Rd

OFFICE (GENERAL)

2550 Alpine Rd, Rockford, IL 61108-7813

View Details
Value Estimation
$370,000

10,305 SF

4215 Newburg Rd

OFFICE (GENERAL)

4215 Newburg Rd, Rockford, IL 61108-6479

View Details

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Two available suites feature newer mechanical systems and dedicated bathrooms.

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1111 Alpine Rd Rockford, IL 61108

Property summary