Property profile

41st S Main St Rockford, IL 61102

OFF-MARKET
Commercial land
Property ID
US28-0607882
0.97 ac lot
Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.97 ac (42,253 SF)
Zoning code C3
APN 15-10-101-016
UPID US28-0607882

Cap rate & NOI

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

Location

41st S Main St Rockford, IL 61102
Rockford metro Census 2200 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2008
5 recorded transactions
2023
Price N/A
2018
Price N/A
2008
$125,000
2007
$95,000
2007
$95,000

Zoning & alternative use

C3 · Rockford, IL
Zoning description

21-001-D. C-3, GENERAL COMMERCIAL DISTRICT 1. The primary purpose of the C-3, General Commercial district is to accommodate a very broad range of business, service, and commercial uses. In terms of allowed uses, C-3 repr…

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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