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Property profile & analytics
OFF-MARKET
Office Spaces
120 Riverside Blvd, Loves Park, IL 61111-4544
Individually Owned
3-yr Hold
Free & Clear
Property ID
US28-1646543
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1950
Construction
WOOD
Total area
1,184 SF
Zoning code
CR
APN
11-01-403-014
UPID
US28-1646543
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bradley Johnson · 3 yrs held
Bradley Johnson
since 2023
Last sale
$80,000
7 recorded transactions
Zoning & alternative use
CR · Loves Park, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Loves Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loves Park submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,816
Tax year 2023
Assessed value
$20,116
Assessed 2023
Previous assessed
$17,980
+11.9% YoY
Effective rate
9.03%
On assessed value
Assessed land
$12,793
Assessed improvement
$7,323
Land market value
$38,379
Improvement market value
$21,969
Total market value
$60,348
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Total area
1,184 SF
Zoning code
CR
APN
11-01-403-014
UPID
US28-1646543
Jurisdiction
WINNEBAGO
Zoning & alternative use
CR · Loves Park, IL
Zoning CR · permitted uses
CR · Loves Park, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loves Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Current owner
From public records · entity-resolved
Bradley Johnson
Individual
Free & Clear · 3 yrs held
Mailing address
2607 N STRATFORD RD, ARLINGTON HEIGHTS, IL 60004-2245
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2025
—
Bradley F Johnson
—
Deed
related
$781,125 · Central Bank Illinois
Feb 22, 2023
—
Bradley Johnson
—
Deed
related
$127,544 · Holcomb State Bank
Jan 30, 2023
$80,000
Bradley Johnson
Renew Rockford LLC
Warranty Deed
—
Jul 30, 2021
$60,000
Renew Rockford LLC
Rockford Dev LLC
Warranty Deed
—
Jul 23, 2019
$254,400
Rockford Dev LLC
Onyx Roofing & Dev LLC
Warranty Deed
$254,400 · First Nat'l Bk
Mar 24, 2017
$153,200
Mabe Group LLC
Rockford Dev LLC
Warranty Deed
$153,200 · First Nat'l Bk
May 28, 2010
$33,750
Rockford Dev LLC
Northwest Bk Of Rockford
Warranty Deed
related
$25,313 · Northwest Bank Rockford
Mar 22, 2010
—
Northwest Bk Of Rockford
New Horizon Ventures LLC
Deed In Lieu Of Foreclosure
related
—
Mar 3, 2005
$56,500
New Horizon Ventures LLC
Gary A Ford
Warranty Deed
$45,200 · Northwest Bank Of Rockford
Nov 5, 2003
$52,500
Gary A Ford
Shumate,wendell W
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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