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Property profile & analytics
OFF-MARKET
Commercial real estate

1st Ave Rockford, IL 61104

3,592 SF 0.13 ac lot
Entity Owned 24-yr Hold Absentee Owner Free & Clear
Property ID
US28-3483715
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 3,592 SF
Lot 0.13 ac (5,663 SF)
Zoning code C4
APN 11-26-233-001
UPID US28-3483715
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
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
Nicholson Properties LLC · 24 yrs held
Nicholson Properties LLC
since 2002
1 recorded transaction
2002
Price N/A
Zoning & alternative use
C4 · Rockford, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 and promote a compact, pedestrian-oriented, mixed-use district with a diverse mix of residential, office, business, government, cultural, and entertainment uses; 22-001-B. promote a walkable environment by protecting those st…

Zone name Urban Mixed Use
General category MIXED_USE
Zone area 256.95 ac
Source Article 1
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