Financial
Distress signals
Property profile

1025 School St Rockford, IL 61101

FOR LEASE
Other industrial properties
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Property ID
US28-5782651
35,326 SF 3.06 ac lot Built 1960
Last sale Apr 2024 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This heavy industrial site consists of approximately 50,000 square feet of space distributed across three buildings on just under 7 acres and is configured into 24 parcels. The buildings include multiple 20-foot overhead doors and have 440/240 volt electrical service. The site is equipped with multiple cranes with capacities of 3 tons, 10 tons, 15 tons, and 20 tons.

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 · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$154k
Assessed land$33k
Assessed improvement$121k
Effective rate10.38%

Value estimate

· Sep 2026
$750k
$675k – $825k
AI approach$750k
Submarket $/SF estimate$524k
NOI build-up
Gross scheduled income$510k
Vacancy & credit loss−$30k
Operating expenses−$72k
NOI · 4,083.57% cap applied$408k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$16/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$10 – $34

Cap rate analysis

How does the asset earn?
4,083.57%
$408k 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?
I2
The primary purpose of the I-2, General Industrial district is to accommodate moderate impact manufacturing, wholesaling, warehousing, an...
General categoryINDUSTRIAL
JurisdictionWINNEBAGO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency25.6
Gym & Fitness13.3
HVAC Service12.8

Location

1025 School St Rockford, IL 61101
County assessor Recorded deeds · 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2219 Central, Rockford, IL 61101-2347 $790,000 Jan 2026 24,480 SF
2520 Kilburn, Rockford, IL 61101-3306 $75,000 May 2023 14,222 SF
909 Main, Rockford, IL 61101-1416 $205,000 Oct 2022 45,560 SF
Williams, Rockford, IL 61101 $165,000 Aug 2022 13,454 SF
1218 Buchanan, Rockford, IL 61101-1404 $385,000 Jun 2022 14,643 SF
1205 Buchanan, Rockford, IL 61101-1403 $385,000 Jun 2022 10,855 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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