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    6958 Spring Creek Rd Rockford, IL 61114

    • Office Properties & Spaces
    • 13,156 SF
    • 1.78 lot acres
    For Lease
    View listing
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US28-1867492
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bank of America (with Drive-thru ATM) / Bank / Financial Consultant
    • Merrill Lynch Wealth Management Advisor Ian Yehling / Financial Consultant / Financial Planner
    • Merrill Lynch Wealth Management Advisor Gregory L Wilson / Financial Planner / Financial Consultant
    • Bank of America ATM (Drive-thru) / Atm

    Property Details for 6958 Spring Creek Rd

    Year built
    2001
    Construction
    WOOD
    Lot size
    1.78 lot acres
    Property size
    13,156 SF
    Zone code
    C3
    Property type
    Office Properties & Spaces
    APN
    12-10-477-011
    APU
    1210477011

    Description

    This single-story, 22,436 square foot Class B building, constructed in 2001, is situated on a 1.78-acre lot at 6958 Spring Creek Rd in Rockford, Illinois, 61114. Currently offering multiple suites for lease, ranging from 931 to 7,526 square feet, with a total of 13,500 square feet currently vacant. The property features one elevator and is zoned for commercial use. Its prime location at the intersection of Perryville Road and Spring Creek Road provides superior visibility and accessibility, boasting traffic counts exceeding 25,000 vehicles daily. This location benefits from proximity to major thoroughfares, including the I-39/I-90 Interchange (2.6 miles), East State Street (1.7 miles), and significant healthcare facilities such as Mercy Health Hospital & Swedish American Cancer Center (2.6 miles). Building signage is available, making this an ideal location for businesses seeking high visibility and convenient access to a substantial customer base. The property is located within Winnebago County and offers excellent potential for a variety of retail or office uses. The former Bank of America branch offers a solid foundation for a new tenant.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -88.9809
    Latitude
    42.2976
    CBSA code
    40420
    CBSA name
    ROCKFORD, IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $138,663
    $277,962
    $416,625
    -
    $415,989
    $833,886
    $1,249,875

    Comparable in this City

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      6703 Weaver Rd Ste, Unit 100

      OFFICE (GENERAL) • 7,292 SF
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      View Details
    • Value Estimation
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      3963 Perryville Rd

      OFFICE (GENERAL) • 8,801 SF
      3963 Perryville Rd, Rockford, IL 61114-8020
      View Details
    • Value Estimation
      $475,000
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      2601 Reid Farm Rd

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      2601 Reid Farm Rd, Rockford, IL 61114-6698
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    • Value Estimation
      $625,000
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      3775 Mulford Rd

      OFFICE (GENERAL) • 14,778 SF
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    • Value Estimation by Request
      18,000 SF

      6850 Spring Creek Rd

      Office Properties & Spaces • 18,000 SF
      6850 Spring Creek Rd, Rockford, IL 61114
      View Details
    • Value Estimation
      $545,000
      5,976 SF

      6036 Brynwood Dr

      OFFICE (GENERAL) • 5,976 SF
      6036 Brynwood Dr, Rockford, IL 61114
      View Details

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    Similar Nearby for Lease

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      View Details
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    6958 Spring Creek Rd
    Rockford, IL 61114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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