Property profile

2902 Mcfarland Rd Rockford, IL 61107

OFF-MARKET
Office Spaces
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Property ID
US28-2763292
44,989 SF 4.51 ac Built 2002
Last sale Mar 2018·$3,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$190k
Tax billed · 2023
Assessed value$1.83M
Assessed land$202k
Assessed improvement$1.63M
Effective rate10.38%

Value estimate

· Nov 2026
$4.73M
$4.25M – $5.20M
Submarket $/SF estimate$5.88M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$35 – $135
Qualifying comparables4

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?
C2
The purpose of the C-2, Limited Commercial district is to provide a wide range of development options for the retail sale of goods and fo...
General categoryCOMMERCIAL
JurisdictionWINNEBAGO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency24.6
Building Supply20.4
Restaurant18.9

Location

2902 Mcfarland Rd Rockford, IL 61107-6801
County assessor Recorded deeds · 3 transfers 4 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
323 2nd, Rockford, IL 61107-4003 $415,000 Feb 2025 10,018 SF
364 Financial, Rockford, IL 61107-6668 $3,500,000 Jan 2023 12,601 SF
839 Perryville, Rockford, IL 61107-6238 $1,364,000 May 2022 27,091 SF
346 Roxbury, Rockford, IL 61107-5090 $8,750,000 Jan 2022 13,278 SF
1235 Mulford, Rockford, IL 61107-3879 $10,479,000 Oct 2021 63,016 SF
6774 Troy, Rockford, IL 61107-6626 $800,000 Sep 2021 11,152 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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