Financial
Distress signals
Property profile

1822 State St Rockford, IL 61104

OFF-MARKET
Office Spaces
Property ID
US28-1670074
1,856 SF 0.17 ac lot Built 1950
Individually Owned Owner of record is an individual. 23-yr Hold Held for 23 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?
$3k
Tax billed · 2023
Assessed value$38k
Assessed land$12k
Assessed improvement$26k
Effective rate8.21%

Value estimate

· Sep 2026
$225k
$203k – $248k
AI approach$225k

Realmo valuation models over county records and 8 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 comparables8

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?
R1
R-1 Single-Family Residential R-1U Single-Family Residential, Urban R-2 Two-Family Residential R-3 Multifamily Residential R-4 Multifamil...
General categoryRESIDENTIAL
JurisdictionWINNEBAGO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency14.6
Bakery10.4
Cafe & Coffee Shop9.8

Location

1822 State St Rockford, IL 61104-2454
County assessor Recorded deeds · not on file 8 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2212 Charles, Rockford, IL 61104-1549 $40,000 Jan 2025 1,320 SF
1211 11th, Rockford, IL 61104-5017 $20,000 Apr 2024 3,175 SF
205 7th, Rockford, IL 61104-1208 $35,000 Apr 2023 1,474 SF
418 7th, Rockford, IL 61104-1213 $27,500 Aug 2021 2,838 SF
323 7th, Rockford, IL 61104-1210 $30,000 Aug 2021 2,291 SF
703 Grv, Rockford, IL 61104-2026 $20,500 Nov 2020 1,502 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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