Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2nd Wheeler Ave South Beloit, IL 61080

    • Industrial properties
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-4782217
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 2nd Wheeler Ave

    Property type
    Industrial properties
    APN
    04-05-181-005
    APU
    405181005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Beloit
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.032
    Latitude
    42.4941
    CBSA code
    40420
    CBSA name
    ROCKFORD, IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,706
    $89,694
    $250,634
    $340,328
    -
    $269,082
    $751,902
    $1,020,984

    Comparable in this City

    • Value Estimation by Request

      302 Shirland Ave

      INDUSTRIAL (GENERAL)
      302 Shirland Ave, South Beloit, IL 61080
      View Details
    • Value Estimation by Request

      Wheeler Ave

      INDUSTRIAL (GENERAL)
      Wheeler Ave, South Beloit, IL 61080
      View Details
    • Value Estimation by Request
      6,069 SF

      500 Park Ave

      INDUSTRIAL (GENERAL) • 6,069 SF
      500 Park Ave, South Beloit, IL 61080-2086
      View Details
    • Value Estimation by Request
      2,088 SF

      201 Wheeler Ave

      INDUSTRIAL (GENERAL) • 2,088 SF
      201 Wheeler Ave, South Beloit, IL 61080-1350
      View Details
    • Value Estimation by Request

      638 Progressive Ln

      INDUSTRIAL (GENERAL)
      638 Progressive Ln, South Beloit, IL 61080-2605
      View Details
    • Value Estimation
      $590,000
      11,264 SF

      16200 Woodmint Ln

      INDUSTRIAL (GENERAL) • 11,264 SF
      16200 Woodmint Ln, South Beloit, IL 61080-9588
      View Details

    Similar Nearby for Sale

    • $3,000,000
      4.76 Acres

      Prime South Beloit Industrial Facility

      115,263 SF Warehouse, R&D, & Office
      449 Gardner St, South Beloit, IL 61080
      View Details
    • $2,000,000
      115 SF

      Industrial Building Near I-90/39

      115,263 SF industrial building with lab and office space.
      449 Gardner St South Beloit, South Beloit, IL 61080
      View Details
    • $470,000

      Functional Industrial Building Near Interstate

      Versatile industrial building suited for manufacturing, distribution, or service operations.
      14383 Fulmar Dr, South Beloit, IL 61080
      View Details
    • $110,200

      Commercial Retail Outlots on Willowbrook Road

      Two commercial retail outlots with 1,000 feet of frontage.
      14400 Willowbrook Rd, South Beloit, IL 61080
      View Details
    • $1,500,000
      79.92 Acres

      Productive Farmland Investment Opportunity

      77.3 acres of tillable farmland in South Beloit, Illinois.
      15432 Willowbrook Rd, South Beloit, IL 61080
      View Details
    • $60,000
      1.55 Acres

      Residential Land in South Beloit

      1.55 acres in Prairie Hill School District near I-90.
      7956 Prairie Hill Rd, South Beloit, IL 61080
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo

      South Beloit Commercial Retail Space

      Commercial space for lease near downtown Beloit.
      S Moore St, South Beloit, IL 61080
      View Details
    • Contact for pricing
      7,200 SF

      South Beloit Retail Investment Opportunity

      High-Visibility Retail Space Available
      7000 1 Ranger Dr, South Beloit, IL 61080
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2nd Wheeler Ave
    South Beloit, IL 61080
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.