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Property profile & analytics
OFF-MARKET Estimated value $7,985,000
Office Spaces

124 Wyman St Rockford, IL 61101

77,936 SF 1.71 ac lot Built 1975
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US28-2479099
Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1975
Construction FRAME
Total area 77,936 SF
Lot 1.71 ac (74,488 SF)
Zoning code C4
APN 11-23-356-004
UPID US28-2479099
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
$8.13M
Blend (final) Blend
$7.99M
Owner & transaction history
Geneva Pacific Hldgs Ilrfd120 · 6 yrs held
Geneva Pacific Hldgs Ilrfd120
since 2019
7 recorded transactions
2019
$4.2M
2019
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C4 · Rockford, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 residential, office, business, government, cultural, and entertainment uses; 22-001-B. promote a walkable environment by protecting those st…

Zone name Urban Mixed Use
General category MIXED_USE
Zone area 256.95 ac
Source Article 1
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