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Property profile & analytics
OFF-MARKET
Office Spaces
4023 Charles St, Rockford, IL 61108-6135
Entity Owned
Free & Clear
Property ID
US28-0542935
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1950
Construction
WOOD
Total area
3,426 SF
Lot
0.67 ac (29,185 SF)
Zoning code
C1
APN
12-29-358-012
UPID
US28-0542935
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Schlueter Ecklund & Davitt Law Firm Financial Advisor
-
Schlueter Ecklund Law Firm Child Welfare Organization
-
Mayfield David E Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Yg Splash Beauty Suites LLC
Yg Splash Beauty Suites LLC
since 2026
Last sale
$41,000
7 recorded transactions
Zoning & alternative use
C1 · Rockford, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rockford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$75,326
Assessed 2023
Previous assessed
$92,280
-18.4% YoY
Assessed land
$42,401
Assessed improvement
$32,925
Land market value
$127,203
Improvement market value
$98,775
Total market value
$225,978
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Total area
3,426 SF
Lot
0.67 ac (29,185 SF)
Zoning code
C1
APN
12-29-358-012
UPID
US28-0542935
Jurisdiction
WINNEBAGO
Zoning & alternative use
C1 · Rockford, IL
Zoning C1 · permitted uses
C1 · Rockford, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
Yg Splash Beauty Suites LLC
Entity
Free & Clear · 0 yrs held
Mailing address
4023 CHARLES ST, ROCKFORD, IL 61108-6135
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2026
—
Yg Splash Beauty Suites LLC
Yatziry Gutierrez
Quitclaim Deed
—
Nov 27, 2024
$20,500
Yatziry Gutierrez
Sue E Murray
Warranty Deed
$143,500 · Solutions Bank
Nov 27, 2024
$41,000
Yatziry Gutierrez
Charles D Schlueter
Deed
—
Nov 27, 2024
$102,500
Yatziry Gutierrez
Gary L Ecklund
Deed
—
Jun 26, 2018
—
Schlueter Trust
Schlueter,charles D & Louann C
Quit Claim Deed
related
—
Oct 1, 2015
—
Fontana Trust 2015
Fontana,kevin T & Beth A
Quit Claim Deed
related
—
Apr 5, 2013
—
Ecklund Trust Ge-96
Ecklund,gary L
Quit Claim Deed
related
—
Feb 4, 2011
$20,000
Charles D Schlueter
Schlueter 2007 Trust
Grant Deed
related
—
Mar 18, 2008
—
Schlueter Trust 2007
Schlueter,dean J
Quit Claim Deed
related
—
Sep 11, 2007
—
Charles D Schlueter
Schlueter Trust Mls 97-1
Quit Claim Deed
related
—
Oct 6, 2000
$50,000
Pedro M Gonzales
Leija,cirilo C & Silvia
Grant Deed
$50,569 · National City Mortgage Service
Oct 5, 2000
$66,000
Josep M Magana
Mengwasser,leo P & Annette L
Grant Deed
$66,452 · Prism Mortgage Co
Jan 17, 1997
—
Schlueter Trust
Schlueter,melvin L & Berneice I
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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