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Property profile & analytics
OFF-MARKET
Estimated value
$5,285,000
Office Spaces
444 Roxbury Rd, Rockford, IL 61107-5059
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1068443
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2007
Construction
STEEL FRAME
Total area
49,832 SF
Lot
5.62 ac (244,807 SF)
Zoning code
C2
APN
12-21-376-017
UPID
US28-1068443
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
-
OSF Sleep Medical Clinic
-
OSF Children's Hospital of Illinois - Congenital Heart Center Physician
-
Dr. Edward A. Telfer, MD Physician
-
Dr. Joel B. Hellman, MD Physician
-
Dr. Jagdeep Sabharwal, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.62M
Blend (final)
Blend
$5.29M
Owner & transaction history
Cmk2 Rockford 444 LLC · 8 yrs held
Cmk2 Rockford 444 LLC
since 2018
7 recorded transactions
Zoning & alternative use
C2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.29M
Range $4.76M – $5.81M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$106 / SF
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
Tax billed
$214,331
Tax year 2023
Assessed value
$2,064,173
Assessed 2023
Previous assessed
$1,844,994
+11.9% YoY
Effective rate
10.38%
On assessed value
Assessed land
$201,297
Assessed improvement
$1,862,876
Land market value
$603,891
Improvement market value
$5,588,628
Total market value
$6,192,519
Applied tax rate
451.0000
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
2007
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
1
Total area
49,832 SF
Lot
5.62 ac (244,807 SF)
Zoning code
C2
APN
12-21-376-017
UPID
US28-1068443
Jurisdiction
WINNEBAGO
Zoning & alternative use
C2 · Rockford, IL
Zoning C2 · permitted uses
C2 · 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
2007
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
5.62 ac
Current owner
From public records · entity-resolved
Cmk2 Rockford 444 LLC
Entity
Mailing address
800 W MADISON ST STE #400, CHICAGO, IL 60607-2481
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Sep 2, 2025
—
Cmk2 Rockford 444 LLC
—
Deed
related
$530,000,000 · Capital One NA
May 14, 2018
$20,800,000
Cmk2 Rockford 444 LLC
Rockford 444 Medical Prop LLC
Grant Deed
related
$498,558,042 · Capital One NA
Dec 16, 2015
$14,500,000
Rockford 444 Medical Props LLC
Rca Holdings LLC
Trustees Deed
$117,750,000 · Pnc Bk
Oct 31, 2007
—
Rca Holdings LLC
—
Trustees Deed
related
$8,100,000 · Associated Bank
Mar 17, 2006
—
Rca Holdings LLC
—
Trustees Deed
related
$1,000,000 · Associated Bank
Mar 10, 2006
—
Rca Holdings LLC
—
Trustees Deed
related
$6,740,000 · Associated Bank
—
—
Rca Holdings LLC
—
Deed Of Trust
related
$7,680,509 · Blackhawk Bank
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.
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