Property profile

319 2nd St Rockford, IL 61107

OFF-MARKET
Office Spaces
Property ID
US28-1876099
5,580 SF 0.12 ac lot
Entity Owned 26-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Total area 5,580 SF
Lot 0.12 ac (5,227 SF)
Zoning code C4
APN 11-23-453-002
UPID US28-1876099

Cap rate & NOI

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

Location

319 2nd St Rockford, IL 61107
Rockford metro Census 800 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 1999
2 recorded transactions
2000
Price N/A
1999
$122,000

Zoning & alternative use

C4 · Rockford, IL
Zoning description

Article 22 | C-4, URBAN MIXED-USE DISTRICT 22-001 PURPOSE The purposes of the C-4, Urban Mixed-Use district are to: 22-001-A. maintain and promote a compact, pedestrian-oriented, mixed-use district with a diverse mix of…

General category MIXED_USE

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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