Property profile

122 Pr St Rockton, IL 61072

OFF-MARKET
Other commercial real estate
Property ID
US28-5825233
7,448 SF 0.21 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This mixed-use commercial building is configured with a main-floor level that includes multiple retail and office spaces, including a large open area suitable for a range of retail uses and separate individual spaces designed to accommodate different operational needs; the main floor space is capable of being leased in part depending on tenant requirements. The building is located downtown in the Village of Rockton, just south of Main Street, with public parking nearby and pedestrian activity in the area. The surrounding neighborhood includes residential homes and subdivisions, and the property is near the Rock River and within walking distance of restaurants and pubs, shops, a market, and a library, with nearby parks, bike paths, and athletic fields. The Village of Rockton provides regional access via Route 2 and Route 251 toward Rockford and Interstate 90 toward Chicago and Wisconsin.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 7,448 SF
Lot 0.21 ac (9,148 SF)
Zoning code IG GENERAL INDUSTRIAL
APN 03-24-138-009
UPID US28-5825233

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

122 Pr St Rockton, IL 61072-2401
Rockton metro Census 4002 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2024
Last sale
$207,500
7 recorded transactions
2024
$207,500
2022
Price N/A
2020
Price N/A
2020
$16,000
2015
Price N/A
2004
$75,000
1969
Price N/A

Zoning & alternative use

IG GENERAL INDUSTRIAL · Rockton, IL

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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