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Property profile & analytics
OFF-MARKET
Estimated value
$1,310,000
Industrial properties
313 Hl St, Rockford, IL 61107-3922
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-5715713
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1947
Construction
WOOD
Total area
53,917 SF
Lot
1.17 ac (50,965 SF)
Zoning code
C4
APN
11-23-403-001
UPID
US28-5715713
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.73M
Blend (final)
Blend
$1.31M
Owner & transaction history
Carole Diane Koch · 1 yrs held
Carole Diane Koch
since 2025
6 recorded transactions
Zoning & alternative use
C4 · 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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,565,000
Current use
Blend value · Realmo final
$1.31M
Range $1.18M – $1.44M · ±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
$24 / 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
Tax billed
$24,042
Tax year 2023
Assessed value
$231,547
Assessed 2023
Previous assessed
$192,176
+20.5% YoY
Effective rate
10.38%
On assessed value
Assessed land
$31,482
Assessed improvement
$200,065
Land market value
$94,446
Improvement market value
$600,195
Total market value
$694,641
Applied tax rate
424.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1947
Construction
WOOD
Heating
HOT WATER
Cooling
AC.PACKAGE
Stories
2
Total area
53,917 SF
Lot
1.17 ac (50,965 SF)
Zoning code
C4
APN
11-23-403-001
UPID
US28-5715713
Jurisdiction
WINNEBAGO
Zoning & alternative use
C4 · Rockford, IL
Zoning C4 · permitted uses
C4 · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.6M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1947
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
2
Lot
1.17 ac
Current owner
From public records · entity-resolved
Carole Diane Koch
Individual
Free & Clear · 1 yrs held
Mailing address
1019 FRANKLIN PL, ROCKFORD, IL 61103-7011
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2025
—
Carole Diane Koch
K & K Associates LLC
Warranty Deed
—
Mar 3, 2005
—
Koch Carole D Trust
Koch,loyd L
Quit Claim Deed
related
—
Mar 3, 2005
$410,000
K & K Associates LLC
Koch Carole D Trust
Warranty Deed
—
—
—
K & K Associates LLC
—
Deed Of Trust
related
$382,500 · Us Bank NA
—
—
Loyd Koch
—
Deed Of Trust
related
$475,000 · Amcore Bank
—
—
Loyd L Koch
—
Deed Of Trust
related
$97,859 · Amcore Bank NA Rockford
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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