Financial
Distress signals
Property profile

1518 Broadway Rockford, IL 61104

OFF-MARKET
Commercial real estate
Property ID
US28-4230051
10,350 SF 0.13 ac lot Built 1914
Last sale Sep 2008 · $225,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$52k
Assessed land$9k
Assessed improvement$43k
Effective rate10.38%

Value estimate

· Sep 2026
$175k
$158k – $193k
AI approach$185k

Realmo valuation models over county records and 6 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 comparables6

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 agency20.7
Law Firm11.1
Gym & Fitness10.6

Location

1518 Broadway Rockford, IL 61104-1414
County assessor Recorded deeds · 10 transfers 6 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
902 Broadway, Rockford, IL 61104 $140,000 Jan 2025 5,664 SF
1141 Broadway, Rockford, IL 61104-1447 $90,000 Dec 2024 11,905 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
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