Financial
Distress signals
Property profile

111 Rockton Ave Rockford, IL 61103

OFF-MARKET
Commercial real estate
Property ID
US28-1997783
4,602 SF 0.09 ac lot Built 1925
Last sale Jul 2025 · $105,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Rockford, IL investment opportunity presents a 13-room commercial property spanning two parcels at 111 & 113 N Rockton Ave. Currently, seven of the thirteen units are occupied, generating consistent rental income. Four units rent for $400 per month, and three rent for $350 per month. Six units are currently vacant, presenting immediate potential for increased revenue. Each room features electric baseboard heating

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?
$1k
Tax billed · 2023
Assessed value$14k
Assessed land$4k
Assessed improvement$10k
Effective rate10.38%

Value estimate

· Sep 2026
$140k
$126k – $154k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$55/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$18 – $82
Qualifying comparables5

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?
C3
The primary purpose of the C-3, General Commercial district is to accommodate a very broad range of business, service, and commercial uses
General categoryCOMMERCIAL
JurisdictionWINNEBAGO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency17.0
Plumbing Service10.2
Tailor Shop10.0

Location

111 Rockton Ave Rockford, IL 61103-6601
County assessor Recorded deeds · 6 transfers 5 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
914 Winnebago, Rockford, IL 61103-6056 $35,000 May 2024 3,142 SF
1132 Auburn, Rockford, IL 61103-4702 $256,000 Apr 2024 4,014 SF
1428 Main, Rockford, IL 61103-6239 $125,000 Nov 2023 3,555 SF
2402 Latham, Rockford, IL 61103-3954 $75,000 Dec 2022 3,883 SF
3005 Rockton, Rockford, IL 61103-3650 $700,000 Apr 2021 3,512 SF
3012 Main, Rockford, IL 61103-3123 $400,000 Mar 2021 3,850 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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