Technical
Financial
Distress signals
Property profile

3121 Rockton Ave Rockford, IL 61103

OFF-MARKET
Commercial real estate
Property ID
US28-5336769
1,737 SF Built 1964
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1964
Construction WOOD
Total area 1,737 SF
Zoning code C2
APN 11-11-153-002
UPID US28-5336769

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop Vehicle Inspection Center
  • Gas Station
  • Gas Station

Location

3121 Rockton Ave Rockford, IL 61103-2858
Rockford metro Census 3604 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2022
Last sale
$300,000
6 recorded transactions
2024
Price N/A
2022
$300,000
2016
$75,000
2015
$100,000
2006
$330,000
1969
Price N/A

Zoning & alternative use

C2 · Rockford, IL
Zoning description

21-001-C. C-2, LIMITED COMMERCIAL DISTRICT 1. 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 for professional and commercial service…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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