Financial
Distress signals
Property profile

320 Locust St Rockford, IL 61103

OFF-MARKET
Office Spaces
Property ID
US28-1405971
2,304 SF 0.13 ac lot Built 1963
Last sale Jan 2013
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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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.

Mortgages

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?
$3k
Tax billed · 2023
Assessed value$32k
Assessed land$6k
Assessed improvement$26k
Effective rate10.38%

Value estimate

· Sep 2026
$230k
$207k – $253k
AI approach$230k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$55/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$18 – $82
Qualifying comparables7

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?
C4
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 an...
General categoryMIXED_USE
JurisdictionWINNEBAGO

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand index
Plumbing Service9.5
Tailor Shop9.4
Catering Service8.7

Location

320 Locust St Rockford, IL 61103-6815
County assessor Recorded deeds · 1 transfer 7 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
611 Auburn, Rockford, IL 61103-4710 $130,000 Dec 2025 2,686 SF
3400 Rockton, Rockford, IL 61103-1942 $150,000 Jul 2025 2,691 SF
834 Main, Rockford, IL 61103-6906 $70,000 Dec 2023 2,574 SF
921 Church, Rockford, IL 61103-7018 $25,000 Aug 2022 2,023 SF
3520 Main, Rockford, IL 61103-2116 $80,000 Dec 2021 3,216 SF
3427 Rockton, Rockford, IL 61103-1941 $75,900 May 2021 2,877 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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