Technical
Financial
Distress signals
Property profile

1009 3rd Ave Rockford, IL 61104

OFF-MARKET
Commercial real estate
Property ID
US28-3098091
10,356 SF 0.25 ac lot Built 1938
Trust Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1938
Construction WOOD
Total area 10,356 SF
Lot 0.25 ac (10,890 SF)
Zoning code C4
APN 11-26-276-013
UPID US28-3098091

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1009 3rd Ave Rockford, IL 61104-1202
Rockford metro Census 1100 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2018
Price N/A
1969
Price N/A

Zoning & alternative use

C4 · Rockford, IL
Zoning description

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 and promote a compact, pedestrian-oriented, mixed-use district with a diverse mix of…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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