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Financial
Distress signals
Property profile

4020 State St Rockford, IL 61108

OFF-MARKET
Other commercial real estate
Property ID
US28-3021668
83,247 SF 3.36 ac lot Built 1968
Last sale Aug 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of 16,305 square feet of commercial space within a shopping center located on Rockford’s near east side shopping district, near E. State Street. It is positioned along a high-traffic corridor and includes pylon signage. Vehicular access is provided via easy, signalized ingress and egress, and the center includes multiple retail and service tenants such as Amazon, Salvation Army, Subway, CSL Plasma, and Illinois Bank and Trust.

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?
$98k
Tax billed · 2023
Assessed value$949k
Assessed land$175k
Assessed improvement$773k
Effective rate10.38%

Value estimate

· Oct 2026
$880k
$792k – $968k
Submarket $/SF estimate$2.17M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$121/SF
ZIP average, outlier-cleaned · 89 recorded sales of this use type
Observed band · Q1–Q3$44 – $212

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?
C2
The purpose of the C-2, Limited Commercial district is to provide a wide range of development options for the retail sale of goods and fo...
General categoryCOMMERCIAL
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 agency33.3
Wholesale Shop22.4
Building Supply21.9

Location

4020 State St Rockford, IL 61108
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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
6950 Charles, Rockford, IL 61108 $3,300,000 Dec 2025 14,705 SF
4414 Charles, Rockford, IL 61108-6256 $200,000 Jul 2025 12,953 SF
6449 State, Rockford, IL 61108-2541 $58,000,000 May 2025 138,658 SF
6007 State, Rockford, IL 61108-2512 $58,000,000 May 2025 302,569 SF
6595 State, Rockford, IL 61108-2542 $5,550,000 Jan 2025 19,062 SF
7595 Walton, Rockford, IL 61108 $830,000 Jan 2025 111,078 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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