Property profile

1516 7th St Rockford, IL 61104

OFF-MARKET
Commercial real estate
Saved · see the list in your Dashboard
Property ID
US28-3087799
15,678 SF 0.36 ac Built 1924
Last sale Aug 2015·$139,000
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$62k
Assessed land$23k
Assessed improvement$39k
Effective rate10.38%

Value estimate

· Nov 2026
$285k
$257k – $314k
AI approach$285k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$42/SF
ZIP average, outlier-cleaned · 91 recorded sales of this use type
Observed band · Q1–Q3$19 – $65
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C4
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 an...
General categoryMIXED_USE
JurisdictionWINNEBAGO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency26.4
Law Firm18.3
Dental Office12.4

Location

1516 7th St Rockford, IL 61104-4902
County assessor Recorded deeds · 7 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
519 State, Rockford, IL 61104-1016 $500,000 May 2025 8,213 SF
1405 Kishwaukee, Rockford, IL 61104-4844 $270,000 May 2025 18,735 SF
602 Kishwaukee, Rockford, IL 61104-3016 $695,000 Feb 2025 9,020 SF
1141 Broadway, Rockford, IL 61104-1447 $90,000 Dec 2024 11,905 SF
2111 11th, Rockford, IL 61104-7214 $199,000 Nov 2024 22,257 SF
1206 Broadway, Rockford, IL 61104 $145,000 Oct 2024 6,976 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 1516 7th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved