Property profile

212 State St Rockford, IL 61104

OFF-MARKET
Commercial real estate
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Property ID
US28-3469005
2,640 SF 0.03 ac Built 1916
Last sale Feb 2026·$438,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$10k
Tax billed · 2023
Assessed value$99k
Assessed land$2k
Assessed improvement$97k
Effective rate10.38%

Value estimate

· Nov 2026
$355k
$320k – $391k
AI approach$280k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$42/SF
ZIP average, outlier-cleaned · 91 recorded sales of this use type
Observed band · Q1–Q3$19 – $65
Qualifying comparables8

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?
C4
Article 22 | C-4, URBAN MIXED-USE DISTRICT 22-001 PURPOSE The purposes of the C-4, Urban Mixed-Use district are to: 22-001-A. maintain an...
General categoryMIXED_USE
JurisdictionWINNEBAGO

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand index
Tailor Shop9.5
Catering Service8.7
Watch Repair Shop8.7

Location

212 State St Rockford, IL 61104-1011
County assessor Recorded deeds · 18 transfers 8 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1612 Columbia, Rockford, IL 61104-7306 $28,000 Jan 2026 2,678 SF
2020 Broadway, Rockford, IL 61104-5646 $175,000 Jun 2025 1,914 SF
1124 Broadway, Rockford, IL 61104-1406 $40,000 May 2025 3,490 SF
522 7th, Rockford, IL 61104-1215 $60,000 Dec 2024 3,130 SF
2129 11th, Rockford, IL 61104 $10,000 Oct 2024 2,590 SF
1310 11th, Rockford, IL 61104-5020 $75,000 Aug 2024 2,842 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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Includes: Price & PSF · Cap rate · Location · Zoning

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