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Financial
Distress signals
Property profile

3616 Main St Rockford, IL 61103

OFF-MARKET
Other office properties
Property ID
US28-4780809
4,983 SF 2.58 ac lot Built 1991
Last sale Feb 2026 · $802,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a fee simple interest in a freestanding, single-tenant retail building located at 3616 N Main Street in Rockford, Illinois. It includes a 4,953 square-foot building situated on a 2.58-acre parcel and is configured for use as a physical therapy facility. The building is currently operated under a long-term, net lease structure with corporate tenant guarantees, and the lease includes base-term rent escalations scheduled after the current base period.

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.

Debts

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?
$14k
Tax billed · 2023
Assessed value$132k
Assessed land$40k
Assessed improvement$92k
Effective rate10.38%

Value estimate

· Oct 2026
$250k
$225k – $275k
Submarket $/SF estimate$407k

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?
R1
R-1 Single-Family Residential R-1U Single-Family Residential, Urban R-2 Two-Family Residential R-3 Multifamily Residential R-4 Multifamil...
General categoryRESIDENTIAL
JurisdictionWINNEBAGO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.0
Law Firm16.2
Parking Facility11.5

Location

3616 Main St Rockford, IL 61103-2159
County assessor Recorded deeds · 2 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
924 Main, Rockford, IL 61103-7061 $80,000 Nov 2023 3,656 SF
975 Main, Rockford, IL 61103-7038 $780,000 Jul 2023 5,783 SF
3333 Rockton, Rockford, IL 61103-2839 $324,000 Jun 2023 4,464 SF
2421 Ct, Rockford, IL 61103-3931 $190,000 Mar 2023 3,600 SF
3535 Main, Rockford, IL 61103-2199 $95,000 Jan 2023 3,600 SF
3424 Main, Rockford, IL 61103-2191 $135,000 May 2022 4,980 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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