Financial
Distress signals
Property profile

4100 State St E Rockford, IL 61108

FOR LEASE
Other commercial real estate
Property ID
US28-2576139
4,000 SF 0.47 ac lot Built 1982
Last sale Jul 1996 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is located on East State Street and has approximately 3,980 square feet of commercial space, with frontage along East State Street and an indicated average daily traffic count of 23,800. It is suited for retail or service uses based on its commercial zoning/positioning and street frontage. The offering includes an adjacent vacant lot on Lynmar Ct., PIN 12-29-128-007.

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 · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$96k
Assessed land$36k
Assessed improvement$60k
Effective rate10.38%

Value estimate

· Sep 2026
$425k
$383k – $468k
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$3k
Operating expenses−$21k
NOI · 537,700.00% cap applied$48k

Realmo valuation models over county records and 6 qualifying comparable sales.

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
Qualifying comparables6

Cap rate analysis

How does the asset earn?
537,700.00%
$48k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C3
The primary purpose of the C-3, General Commercial district is to accommodate a very broad range of business, service, and commercial uses
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 agency32.6
Wholesale Shop20.7
Building Supply20.1

Location

4100 State St E Rockford, IL 61108
County assessor Recorded deeds · 4 transfers 6 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
2629 Charles, Rockford, IL 61108-1608 $245,000 Sep 2025 5,612 SF
6239 State, Rockford, IL 61108-2514 $2,351,500 Jul 2025 3,862 SF
5403 State, Rockford, IL 61108-2337 $1,095,000 May 2025 3,113 SF
6161 State, Rockford, IL 61108-2507 $58,000,000 May 2025 2,979 SF
2619 Charles, Rockford, IL 61108-1608 $59,000 Jul 2024 2,592 SF
Charles, Rockford, IL 61108 $1,000,000 Apr 2024 5,600 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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