Property profile

1817 18th Ave Rockford, IL 61104

OFF-MARKET
Other industrial properties
Property ID
US28-2372191
36,519 SF 1.39 ac lot Built 1950
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

A partially configured warehouse space totaling approximately 8,857 square feet, enclosed by full fencing. The space includes one dock door and one drive-in door, with approximately 12-foot clear interior heights. A break room is incorporated into the interior layout, and the warehouse design is intended to support airflow and ventilation.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1950
Construction WOOD
Total area 36,519 SF
Lot 1.39 ac (60,548 SF)
Zoning code I1
APN 11-36-181-006
UPID US28-2372191

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
  • Industrial Manufacturer Production Facility
  • Water Treatment Supplier

Location

1817 18th Ave Rockford, IL 61104-7317
Rockford metro Census 1800 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$835k
CAP Approach CAP
by Request
Comparable Approach Comparable
$692k
Blend (final) Blend
$835k

Owner & transaction history

since 2024
Last sale
$835,000
5 recorded transactions
2024
$835,000
2024
Price N/A
2020
$250,000
2008
Price N/A
1969
Price N/A

Zoning & alternative use

I1 · Rockford, IL
Zoning description

23-002-A. I-1, LIGHT INDUSTRIAL DISTRICT The primary purpose of the I-1, Light Industrial/Business Park district is to accommodate low- impact manufacturing, wholesaling, warehousing, and distribution activities that occ…

General category INDUSTRIAL

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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