Property profile

1509 5th Ave Rockford, IL 61104

OFF-MARKET
Apartment buildings
Property ID
US28-1596891
4,662 SF 0.13 ac lot Built 1928
Trust Owned 17-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1928
Construction BRICK
Total area 4,662 SF
Lot 0.13 ac (5,663 SF)
Zoning code R2
APN 11-25-181-006
UPID US28-1596891

Cap rate & NOI

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

Location

1509 5th Ave Rockford, IL 61104-3245
Rockford metro Census 1300 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2009
1 recorded transaction
2009
Price N/A

Zoning & alternative use

R2 · Rockford, IL
Zoning description

R-2 Two-Family Residential R-3 Multifamily Residential R-4 Multifamily Residential 20-003 NAMES AND MAP SYMBOLS The “R” district names and map symbols are intended to provide a general indication of what is allowed in th…

General category RESIDENTIAL

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
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 1509 5th Ave?
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