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Property profile & analytics
OFF-MARKET
Estimated value
$2,235,000
Office Spaces
4930 State St, Rockford, IL 61108-2289
Entity Owned
1-yr Hold
Free & Clear
Property ID
US28-5796577
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2000
Construction
WOOD
Total area
25,706 SF
Zoning code
C2
APN
12-29-229-024
UPID
US28-5796577
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.52M
Blend (final)
Blend
$2.24M
Owner & transaction history
Stepping Stones Of Rockford INC · 1 yrs held
Stepping Stones Of Rockford INC
since 2024
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
$2.24M
Range $2.01M – $2.46M · ±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
$87 / 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
Assessed value
$499,950
Assessed 2023
Previous assessed
$667,554
-25.1% YoY
Assessed land
$135,233
Assessed improvement
$364,717
Land market value
$405,699
Improvement market value
$1,094,151
Total market value
$1,499,850
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
2000
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
1
Total area
25,706 SF
Zoning code
C2
APN
12-29-229-024
UPID
US28-5796577
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
2000
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Current owner
From public records · entity-resolved
Stepping Stones Of Rockford INC
Entity
Free & Clear · 1 yrs held
Mailing address
400 N BLVD OF AMERICAS ST #3, LAKEWOOD, NJ 08701-4785
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2026
—
Stepping Stones Of Rockford In
—
Deed
related
$4,385,219 · First Mid Bk&tr NA
Jul 29, 2024
—
Stepping Stones Of Rockford INC
Rockford Holdings LLC
Special Warranty Deed
—
Jul 12, 2019
$1,683,000
Rockford Holdings LLC
4930 E State Street LLC
Grant Deed
related
—
Dec 28, 2018
—
4930 E State Street LLC
Masters Comn Intl Ntwk INC
Quit Claim Deed
related
$1,500,000 · Charity Fin'l LLC
Dec 28, 2018
$1,506,000
Masters Comn Intl Ntwk INC
4930 State St LLC
Grant Deed
$1,500,000 · Charity Fin'l LLC
Jan 19, 2006
$130,000
Swan Contractors & Developmers INC
Lloyd E Eickert
Trustees Deed
related
—
Oct 20, 2005
—
Sunil Puri
College Offices II LLC
Warranty Deed
—
Oct 20, 2005
$4,850
4930 State St LLC
College Offices II LLC
Grant Deed
$2,350,000 · Barrington Bank & Trust Co NA
Aug 18, 2003
$190,000
First Ranger Petroleum LLC
Sunil Partners V LLC
Grant Deed
related
—
—
—
Ranger Holdings 142 LLC
—
Deed Of Trust
related
$290,000 · Blackhawk State 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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