Entity Owned Property summary
This property is a five-unit multi-family building located in Rockford, Illinois. Each unit contains three bedrooms and 1.5 bathrooms, with a private basement and a dedicated one-car garage. The building has undergone comprehensive renovations, including replacement of windows, roof, siding, fascia, gutters, garage doors, and interior and exterior doors. Interior updates include new flooring and carpet throughout, fully updated kitchens with new cabinets, tile, sinks, and granite countertops, and fully renovated bathrooms; three units include newly installed furnaces. The property is configured for multi-family residential use.
Property profile
VerifiedCap rate & NOI
Current use
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Charitable Organization
Location
Value estimations
Owner & transaction history
Zoning & alternative use
R-3 Multifamily Residential R-4 Multifamily Residential 20-003 NAMES AND MAP SYMBOLS The “R” district names and map symbols are intended to provide a general indication of what is allowed in the district, with the “R” de…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R3 · Rockford, ILR-3 Multifamily Residential R-4 Multifamily Residential 20-003 NAMES AND MAP SYMBOLS The “R” district names and map symbols are intended to provide a general indication of what is allowed in the district, with the “R” de…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
R-3 Multifamily Residential R-4 Multifamily Residential 20-003 NAMES AND MAP SYMBOLS The “R” district names and map symbols are intended to provide a general indication of what is allowed in the district, with the “R” de…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R3 in Rockford, IL.
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