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Property profile & analytics

1005 3rd Ave Rockford, IL 61104-1202

  • Commercial real estate
  • 10,362 SF
  • 0.25 lot acres
OFF-MARKET
Value Estimation
$315,000
Last Sale
Mar 23, 2023
$250,000
Location Intelligence
Property ID
US28-3094530
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

  • Commercial real estate

Property Details for 1005 3rd Ave

Year built
1938
Construction
WOOD
Lot size
0.25 lot acres
Property size
10,362 SF
Zone code
C4
Property type
Commercial real estate
APN
11-26-276-012
APU
1126276012

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $325,000
  • CAP approach

    CAP return
    Estimation
    6%
    $310,000
    6.5%
    $330,000
    7%
    $320,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $365,000
    Geo Method
    $285,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $315,000
    Retail
    $320,000
    Mixed-Use
    $320,000
    Hospitality
    $290,000
    Educational
    $285,000
    Residential Income
    $295,000
    Energy
    $315,000
    Income-Based Land
    $305,000
    Food Service
    $260,000

Location Insight

  • Map
  • Local Demand
City
Rockford
County
Winnebago
State
Illinois
Longitude
-89.082
Latitude
42.2634
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
$3,260
$3,153
$28,247
$31,400
-
$9,459
$84,741
$94,200
More about this property
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