Property profile

508 Grand Ave Loves Park, IL 61111

OFF-MARKET
Office Spaces
Property ID
US28-2536467
1,294 SF 0.15 ac lot Built 1940
Entity Owned Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1940
Construction WOOD
Total area 1,294 SF
Lot 0.15 ac (6,534 SF)
Zoning code COMMERCIAL - NEIGHBORHOOD
APN 12-06-352-013
UPID US28-2536467

Cap rate & NOI

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

Location

508 Grand Ave Loves Park, IL 61111-5115
Loves Park metro Census 300 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$125k

Owner & transaction history

since 2026
Last sale
$158,500
2 recorded transactions
2026
$158,500
2021
$47,000

Zoning & alternative use

COMMERCIAL - NEIGHBORHOOD · Loves Park, IL

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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