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Property profile & analytics
OFF-MARKET
Estimated value
$6,005,000
Office Spaces
2990 Perryville Rd, Rockford, IL 61107-6814
Entity Owned
13-yr Hold
Free & Clear
Property ID
US28-2200333
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2006
Construction
STEEL FRAME
Total area
72,149 SF
Lot
1.12 ac (48,787 SF)
Zoning code
C1
APN
12-11-301-009
UPID
US28-2200333
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
-
Westside Children's Therapy - ABA Rockford Medical Clinic
-
Don Skadow Bank Credit Union
-
Rockford Business Center Real Estate Agency
-
Mark Whitney Physician
-
Bureau of Alcohol, Tobacco, Firearms and Explosives - Rockford Field Office Federal Police
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.75M
Blend (final)
Blend
$6.01M
Owner & transaction history
Dyn Perryville LLC · 13 yrs held
Dyn Perryville LLC
since 2012
3 recorded transactions
Zoning & alternative use
C1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.01M
Range $5.40M – $6.61M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$83 / SF
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
Assessed value
$1,791,761
Assessed 2023
Previous assessed
$2,177,982
-17.7% YoY
Assessed land
$89,399
Assessed improvement
$1,702,362
Land market value
$268,197
Improvement market value
$5,107,086
Total market value
$5,375,283
Applied tax rate
36.0000
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
2006
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
CENTRAL
Stories
4
Total area
72,149 SF
Lot
1.12 ac (48,787 SF)
Zoning code
C1
APN
12-11-301-009
UPID
US28-2200333
Jurisdiction
WINNEBAGO
Zoning & alternative use
C1 · Rockford, IL
Zoning C1 · permitted uses
C1 · 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
2006
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
4
Lot
1.12 ac
Current owner
From public records · entity-resolved
Dyn Perryville LLC
Entity
Free & Clear · 13 yrs held
Mailing address
6801 SPG CRK RD, ROCKFORD, IL 61114-7420
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2012
—
Dyn Perryville LLC
Sheriff Of Winnebago County
Trustees Deed
related
—
—
—
Dyn Perryville LLC
—
Deed Of Trust
related
$3,712,500 · Wells Fargo Bank
—
—
Dyn Perryville LLC
—
Deed Of Trust
related
$4,000,000 · American Midwest Bk
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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