Financial
Distress signals
Property profile

1117 2nd St 1125 Rockford, IL 61107

OFF-MARKET
Industrial properties
Property ID
US28-1770408
8,409 SF 0.35 ac lot Built 1940
Last sale Jun 2012
Trust Owned Owner of record is a trust. 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
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. 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

What does the county charge?
Assessed value · 2023$45k
Assessed land$21k
Assessed improvement$24k

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$240k

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

Recently sold

What actually traded nearby?
$29/SF
Submarket average, outlier-cleaned · 199 recorded sales of this use type
Observed band · Q1–Q3$13 – $53
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 heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.6
Restaurant21.1
Dental Office19.8

Location

1117 2nd St, Unit 1125 Rockford, IL 61107-3008
County assessor Recorded deeds · 1 transfer 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
125 Madison, Rockford, IL 61107-3949 $250,000 Dec 2025 7,034 SF
623 Jefferson, Rockford, IL 61107-4025 $85,000 Jun 2025 3,554 SF
222 Water, Rockford, IL 61107 $108,678 Jul 2024 48,600 SF
213 3rd, Rockford, IL 61107-4012 $50,000 Feb 2023 13,800 SF
1515 Crosby, Rockford, IL 61107-4326 $150,000 Jul 2021 2,940 SF
313 Market, Rockford, IL 61107 $209,000 Aug 2019 8,512 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1117 2nd St, Unit 1125?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message