Property profile

1421 Harlem Rd Loves Park, IL 61115

OFF-MARKET
Commercial real estate
Property ID
US28-2201038
1,400 SF 0.41 ac lot Built 1965
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1965
Total area 1,400 SF
Lot 0.41 ac (17,848 SF)
Zoning code CR- COMM
APN 08-32-105-022
UPID US28-2201038

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
  • Gambling House

Location

1421 Harlem Rd Loves Park, IL 61115-5001
Loves Park metro Census 104 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2025
Last sale
$199,000
7 recorded transactions
2025
$199,000
2017
Price N/A
2013
$65,000
2013
Price N/A
2013
$101,000
2005
Price N/A
2003
$142,500

Zoning & alternative use

CR- COMM · Loves Park, 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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