This property consists of a newly remodeled 3,600-square-foot commercial space located in the exposed lower level of a building. The space features a large open layout and includes two handicap-accessible restrooms. It is zoned C3 and is configured to support either retail or office use.

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.

Debts

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?

$16k

Tax billed · 2023

Assessed value$150k

Assessed land$58k

Assessed improvement$93k

Effective rate10.38%

Value estimate

· Oct 2026

$260k

$234k – $286k

Realmo valuation models over county records and 5 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 comparables5

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?

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

Building Supply22.8

Wholesale Shop20.7

4312 State St Rockford, IL 61108-2163

County assessor Recorded deeds · 8 transfers 5 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 · 15 properties nearby

Address Sale price Sold Size

1437 Bell School, Rockford, IL 61108-1405 $800,000 Apr 2025 10,234 SF

4120 Charles, Rockford, IL 61108-6288 $1,024,500 Nov 2023 13,662 SF

1463 Bell School, Rockford, IL 61108-1406 $800,000 Jul 2023 10,234 SF

4701 State, Rockford, IL 61108-2206 $525,000 Jan 2023 7,202 SF

2606 Broadway, Rockford, IL 61108-5768 $170,000 Jun 2022 8,668 SF

6080 Elaine, Rockford, IL 61108-3006 $735,000 Feb 2022 9,526 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

Value Estimation
$1,435,000

10,947 SF

2550 Alpine Rd

OFFICE (GENERAL)

2550 Alpine Rd, Rockford, IL 61108-7813

View Details
Value Estimation
$380,000

13,591 SF

4200 Broadway

OFFICE (GENERAL)

4200 Broadway, Rockford, IL 61108

View Details
Value Estimation
$370,000

10,305 SF

4215 Newburg Rd

OFFICE (GENERAL)

4215 Newburg Rd, Rockford, IL 61108-6479

View Details
Value Estimation
$1,025,000

8,149 SF

4425 Harrison Ave

OFFICE (GENERAL)

4425 Harrison Ave, Rockford, IL 61108-7927

View Details
Value Estimation
$1,060,000

7,931 SF

4400 Ctr Ter

OFFICE (GENERAL)

4400 Ctr Ter, Rockford, IL 61108-3907

View Details
Value Estimation
$620,000

7,202 SF

4701 State St

OFFICE (GENERAL)

4701 State St, Rockford, IL 61108-2206

View Details

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Two available suites feature newer mechanical systems and dedicated bathrooms.

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4312 State St Rockford, IL 61108

Property summary