Financial
Distress signals
Property profile

3491 Merchandise Dr Rockford, IL 61109

OFF-MARKET
Other commercial real estate
Property ID
US28-0677557
9,600 SF 0.99 ac lot Built 1985
Last sale Aug 2022 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The truck terminal at 3491 Merchandise Drive in Rockford is configured for coach buses and semi trucks with trailers and is arranged to support large-vehicle circulation. The facility includes 10 overhead drive-in doors and a wash bay with a through-movement layout for vehicles, along with office areas and a mezzanine that provide administrative and operational space. The property is approximately 3 minutes from Interstate 39/90, connecting it to a major regional transportation corridor. The

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

What does the county charge?
Assessed value · 2023$133k
Assessed land$23k
Assessed improvement$110k

Value estimate

· Sep 2026
$510k
$459k – $561k
AI approach$465k
Submarket $/SF estimate$557k

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

Recently sold

What actually traded nearby?
$54/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$28 – $98
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?
I1
The primary purpose of the I-1, Light Industrial district is to accommodate low impact manufacturing, wholesaling, warehousing, and distr...
General categoryINDUSTRIAL
JurisdictionWINNEBAGO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency20.1
Law Firm15.9
Restaurant14.7

Location

3491 Merchandise Dr Rockford, IL 61109-2511
County assessor Recorded deeds · 11 transfers 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3458 35th, Rockford, IL 61109-2501 $260,000 Dec 2025 7,200 SF
6973 11th, Rockford, IL 61109-4904 $1,350,000 Oct 2025 9,230 SF
5105 American, Rockford, IL 61109-6310 $51,000 May 2025 7,000 SF
4046 11th, Rockford, IL 61109-3073 $2,750,000 Jun 2024 9,276 SF
2742 22nd, Rockford, IL 61109-1462 $165,000 Jun 2024 7,000 SF
5750 Sandy Holw, Rockford, IL 61109-2798 $1,854,000 Nov 2022 7,240 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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