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Financial
Distress signals
Property profile

3114 11th St Rockford, IL 61109

OFF-MARKET
Commercial real estate
Property ID
US28-0528073
2,367 SF Built 1999
Last sale Aug 2011
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This Class A, single-story strip mall at 3114 11th St, Rockford, IL 61109, offers 107,659 square feet of versatile commercial space. Located near the intersection of 11th St and Pershing, this property boasts 13 suites, with 28,920 square feet currently vacant and immediately available. The minimum divisible space is 1,000 square feet, with a maximum contiguous space of 28,920 square feet, providing flexibility for various business needs. Suitable for retail, office, or restaurant uses,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$150k
Assessed land$27k
Assessed improvement$123k
Effective rate10.38%

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$255k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$54/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$28 – $98
Qualifying comparables6

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?
C3
The primary purpose of the C-3, General Commercial district is to accommodate a very broad range of business, service, and commercial uses
General categoryCOMMERCIAL
JurisdictionWINNEBAGO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency17.9
Dental Office15.4
Law Firm15.2

Location

3114 11th St Rockford, IL 61109-2202
County assessor Recorded deeds · 3 transfers 6 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
3299 Alpine, Rockford, IL 61109-2602 $1,150,000 Oct 2024 2,325 SF
6536 11th, Rockford, IL 61109-4302 $450,000 Mar 2024 1,744 SF
3003 11th, Rockford, IL 61109-1209 $675,000 May 2023 3,421 SF
6030 11th, Rockford, IL 61109-4350 $169,000 Jan 2023 3,453 SF
2737 11th, Rockford, IL 61109-1200 $50,000 Jan 2023 2,852 SF
3025 Kishwaukee, Rockford, IL 61109-2043 $20,000 Oct 2022 2,543 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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