Financial
Distress signals
Property profile

424 7th St Rockford, IL 61104

OFF-MARKET
Office Spaces
Property ID
US28-1549026
23,427 SF 0.21 ac lot Built 1925
Last sale Jan 2012 · $99,900
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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$93k
Assessed land$15k
Assessed improvement$78k
Effective rate10.38%
Value estimate · Sep 2026
$510k
$459k – $561k
AI approach$345k
Sales comparison$466k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?

$42/SF
ZIP average, outlier-cleaned · 91 recorded sales of this use type
Observed band · Q1–Q3$19 – $65
Qualifying comparables3
Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

C4
Article 22 | C-4, URBAN MIXED-USE DISTRICT 22-001 PURPOSE The purposes of the C-4, Urban Mixed-Use district are to: 22-001-A. maintain an...
General categoryMIXED_USE
JurisdictionWINNEBAGO
Location intelligence

Which uses thrive at this corner?

Best fit: Daycare Center
Demand index
Daycare Center8.0
Realty agency7.4
Auto Parts Store8.8

Location

424 7th St Rockford, IL 61104-1259
County assessor Recorded deeds · 5 transfers 3 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 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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More about this property
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