Property profile

419 3rd St Rockford, IL 61107

OFF-MARKET
Commercial land
Property ID
US28-1668500
0.13 ac lot
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.13 ac (5,663 SF)
Zoning code C1
APN 11-23-456-003
UPID US28-1668500

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

419 3rd St Rockford, IL 61107-4014
Rockford metro Census 800 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2017
3 recorded transactions
2023
Price N/A
2017
$175,000
2014
$100,000

Zoning & alternative use

C1 · Rockford, IL
Zoning description

21-001-B. C-1, LIMITED OFFICE DISTRICT 1. The C-1, Limited Office district is intended to accommodate low-intensity office development in close proximity to residential uses. 2. The C-1 district is intended to serve as a…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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