New search
Property profile & analytics
OFF-MARKET
Office Spaces
419 Mulford Rd, Rockford, IL 61107-5197
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-0702514
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1980
Construction
WOOD
Total area
1,018 SF
Zoning code
C1
APN
12-22-306-001
UPID
US28-0702514
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
-
Brenza Tina M DDS Dental Office
-
Weiss Stephen F MD Physician
-
Shah Aruna MD Pediatrician Medical Clinic
-
Kori Laine Beauty & Bridal Hair Salon
-
Salt+Sol Halotherapy (Salt Room) Spa & Massage Center
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
Jake Dream LLC · 4 yrs held
Jake Dream LLC
since 2021
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
$21,036
Assessed 2023
Previous assessed
$20,890
+0.7% YoY
Assessed land
$6,498
Assessed improvement
$14,538
Land market value
$19,494
Improvement market value
$43,614
Total market value
$63,108
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
1980
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
1
Total area
1,018 SF
Zoning code
C1
APN
12-22-306-001
UPID
US28-0702514
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
1980
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Current owner
From public records · entity-resolved
Jake Dream LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2172 WEMBLEY PL, ROCKFORD, IL 61114-8409
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2021
$85,000
Jake Dream LLC
Stephen F Weiss
Warranty Deed
—
Jun 9, 2021
$115,000
Sarah Nelson
Bp Real Estate LLC
Warranty Deed
$86,250 · Holcomb State Bank
Aug 31, 2018
$60,000
Dental Office Properties LLC
Teuscher Janice S Trust
Grant Deed
$59,200 · Illinois Bk&tr
Jul 10, 2017
—
Satish Shah
419 N Mulford INC
Quit Claim Deed
related
—
Jun 24, 2016
$77,000
Bp Real Estate LLC
Brenza,tina
Warranty Deed
—
Apr 6, 2010
$195,000
419 Mulford INC
Mcconnell Pearl E Trust
Grant Deed
—
May 16, 2007
—
Mcconnell Pearl E Trust
Mcconnell,pearl E
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 419 Mulford Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
