Property profile

3001 Perryville Rd Rockford, IL 61114

OFF-MARKET
Commercial real estate
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Property ID
US28-2230897
41,550 SF 3.32 ac Built 2004
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This Rockford, IL retail property, located at 3001 N Perryville Rd, offers multiple storefront spaces within a 20,000 sq ft building on 3 acres of land. Built in 2005, the single-story building features 20 suites, with 4,337 sq ft currently vacant, divisible to a minimum of 1,008 sq ft and ranging up to 1,745 sq ft. The property boasts 226 parking spaces and excellent visibility from Perryville Road and Spring Creek Road, benefiting from high daily traffic counts of 43,000 vehicles. This…

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?
$109k
Tax billed · 2023
Assessed value$1.05M
Assessed land$227k
Assessed improvement$825k
Effective rate10.38%

Value estimate

· Nov 2026
$760k
$684k – $836k
Submarket $/SF estimate$1.58M

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

Recently sold

What actually traded nearby?
$77/SF
Submarket average, outlier-cleaned · 424 recorded sales of this use type
Observed band · Q1–Q3$30 – $139
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: Building Supply
Demand index
Building Supply20.4
Wholesale Shop18.7
Auto Repair Shop17.1

Location

3001 Perryville Rd Rockford, IL 61114-8016
County assessor Recorded deeds · 5 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3885 Perryville, Rockford, IL 61114-8080 $2,300,000 Jun 2024 16,176 SF
5811 Frst Hls, Rockford, IL 61114-7283 $1,678,000 Mar 2024 16,766 SF
2615 Mulford, Rockford, IL 61114-5670 $3,561,000 Feb 2024 31,794 SF
2601 Mulford, Rockford, IL 61114-5670 $3,561,000 Feb 2024 71,419 SF
2577 Mulford, Rockford, IL 61114-5643 $3,561,000 Feb 2024 22,968 SF
6795 Riverside, Rockford, IL 61114-4429 $1,000,000 Aug 2020 7,327 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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