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Property profile & analytics
OFF-MARKET
Office Spaces
1645 Temple Ln, Rockford, IL 61112-1045
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US28-5453590
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1995
Construction
WOOD
Total area
4,782 SF
Zoning code
CC
APN
12-35-126-008
UPID
US28-5453590
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
Current use
Occupant on record · Public records
-
Gemini Computer Systems, Inc. IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Jonic Sasha Law Firm
-
Dealer Alliance Corporation Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Christopher Menken · 8 yrs held
Christopher Menken
since 2017
7 recorded transactions
Zoning & alternative use
CC · Rockford, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rockford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,301
Tax year 2023
Assessed value
$146,908
Assessed 2023
Previous assessed
$131,309
+11.9% YoY
Effective rate
9.05%
On assessed value
Assessed land
$32,485
Assessed improvement
$114,423
Land market value
$97,455
Improvement market value
$343,269
Total market value
$440,724
Applied tax rate
378.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
1
Total area
4,782 SF
Zoning code
CC
APN
12-35-126-008
UPID
US28-5453590
Jurisdiction
WINNEBAGO
Zoning & alternative use
CC · Rockford, IL
Zoning CC · permitted uses
CC · Rockford, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
1
Current owner
From public records · entity-resolved
Christopher Menken
Individual
Mailing address
1645 TEMPLE LN, ROCKFORD, IL 61112-1045
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2018
—
Christopher G Menken
—
Deed
related
$150,000 · Community Dev Dept
Oct 16, 2017
$325,000
Christopher Menken
Cherry Valley Towns Trust 5
Grant Deed
$179,000 · Rockford Bk&tr
May 26, 2017
—
Cherry Valley Township L Trust 5
Barrett Law Firm PC
Grant Deed
related
—
May 23, 2017
$365,000
Barrett Law Firm PC
Dj Family Trust 2008
Grant Deed
—
Aug 27, 2008
$260,000
Dj Family Trust 2008
G Barrett LLC
Warranty Deed
—
Sep 23, 2003
$383,500
Barrett & Gilbert LLC
Salberg,charles N & Robert E
Grant Deed
$312,000 · Lasalle National Bank
—
—
Dj Family Trust 2008
—
Deed Of Trust
related
$230,843 · Harvard State Bank
—
—
Rc Partnership
—
Deed Of Trust
related
$2,780,000 · Amcore Bank NA Rockford
—
—
Dj Family Trust 2008
—
Deed Of Trust
related
$188,914 · First Nat'l Bk
—
—
Christopher G Menken
—
Deed Of Trust
related
$150,000 · Community Dev Dept
—
—
Barrett & Gilbert LLC
—
Deed Of Trust
related
$250,000 · Lasalle National Bank
—
—
R C Partnership
—
Deed Of Trust
related
$1,592,000 · Amcore Bank NA Rockford
—
—
Barrett & Gilbert LLC
—
Deed Of Trust
related
$224,000 · Daniel T & Jan E Gilbert
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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