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Property profile & analytics

345 Executive Pkwy Rockford, IL 61107-5340

  • Office Properties & Spaces
  • 14,589 SF
  • 1.33 lot acres
OFF-MARKET
Value Estimations
$560,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-0523411
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Heritage Engineering Ltd / Engineer
  • Medworks Occupational Health / Medical Center
  • Medlux Rehabilitation & Wellness / Medical Clinic / Rehabilitation Center
  • Sabrina Demarco / Personal Trainer / General Practitioner
  • Salon Cheveux / Hair Salon

Property Details for 345 Executive Pkwy

Year built
1988
Construction
WOOD
Lot size
1.33 lot acres
Property size
14,589 SF
Zone code
C1
Property type
Office Properties & Spaces
APN
12-22-353-002
APU
1222353002

Description

This two-story, 13,198 square foot Class B office building, built in 1992 and renovated the same year, offers a vibrant workspace with an invigorating lakeside view. Located in a thriving business environment on Executive Parkway, this property provides excellent visibility with a pylon sign and monument signage. The building features bright ceramic foyers and skylights, creating a welcoming atmosphere for employees and clients. A new parking lot with 100 spaces and superior landscaping enhance the property's appeal. The 3,710 square feet of currently vacant space is divisible into units of at least 1,000 square feet, making it ideal for a growing business or medical practice. This location boasts high traffic and easy access to major transportation arteries, including I-90, US-20, and I-39, placing it within minutes of key areas such as hospitals and other major roadways. Situated in Winnebago County, this property benefits from its proximity to the Rockford airport, multiple railroads, and major highways. The building sits on 1.32 acres of land and is zoned for commercial office use. 24-hour emergency property management is provided. The building is adjacent to the executive Mulford Village Office Park, offering a professional and successful atmosphere.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $549,000
    Market price range: $354k - $1.22M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Rockford
County
Winnebago
State
Illinois
Longitude
-88.9981
Latitude
42.2712
CBSA code
40420
CBSA name
ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$26,692
$67,730
$189,331
$257,061
-
$203,190
$567,993
$771,183
More about this property
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