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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5107 Frst Hls Ct Loves Park, IL 61111-8305

    • Industrial properties
    • 8,200 SF
    OFF-MARKET
    Last Sale
    Oct 05, 2022
    $315,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US28-2556043
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 5107 Frst Hls Ct

    Year built
    1999
    Property size
    8,200 SF
    Property type
    Industrial properties
    APN
    08-33-105-009
    APU
    833105009

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Loves Park
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.0155
    Latitude
    42.3371
    CBSA code
    40420
    CBSA name
    ROCKFORD, IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,197
    $18,828
    $83,803
    $102,631
    -
    $56,484
    $251,409
    $307,893

    Comparable in this City

    • Value Estimation by Request

      4703 Interstate Blvd

      INDUSTRIAL (GENERAL)
      4703 Interstate Blvd, Loves Park, IL 61111-5705
      View Details
    • Value Estimation by Request
      5,985 SF

      5155 Torque Rd

      INDUSTRIAL (GENERAL) • 5,985 SF
      5155 Torque Rd, Loves Park, IL 61111-7144
      View Details
    • Value Estimation by Request
      10,762 SF

      6300 Frst Hls Rd

      INDUSTRIAL (GENERAL) • 10,762 SF
      6300 Frst Hls Rd, Loves Park, IL 61111-4761
      View Details
    • Value Estimation
      $1,175,000
      80,184 SF

      726 Beacon St

      INDUSTRIAL (GENERAL) • 80,184 SF
      726 Beacon St, Loves Park, IL 61111-5904
      View Details
    • Value Estimation by Request
      9,312 SF

      611 Beacon St

      INDUSTRIAL (GENERAL) • 9,312 SF
      611 Beacon St, Loves Park, IL 61111-5902
      View Details
    • Value Estimation
      $12,335,000
      213,659 SF

      4401 Bell School Rd

      INDUSTRIAL (GENERAL) • 213,659 SF
      4401 Bell School Rd, Loves Park, IL 61111-5600
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5.00 Acres

      Riverside Blvd

      Land • 50,000 SF
      0 Riverside Blvd, Loves Park, IL 61111
      View Details
    • Contact for pricing
      5.00 Acres

      Riverside Blvd

      Land • 5.00 Acres
      0 Riverside Blvd, Loves Park, IL 61111
      View Details
    • $169,900
      1,632 SF

      Charming Townhouse Condo with Potential

      Cozy 2-bedroom townhouse condo with two fireplaces and private deck.
      4518 Hilltop Dr, Loves Park, IL 61111
      View Details
    • Contact for pricing
      25,763 SF

      Loves Park Office Complex - For Sale/Lease

      Prime Office Space, Two Buildings, 25,763 SF
      5642 2Nd St, Loves Park, IL 61111
      View Details
    • Contact for pricing
      0.71 Acres

      Blain's Farm & Fleet Pad Sites

      Loves Park, IL Retail Land for Sale
      0 Riverside Blvd & Joesten Dr, Loves Park, IL 61111
      View Details
    • $725,000
      71,494 SF

      Commercial Land on Rock Valley

      High visibility commercial land for sale in Loves Park.
      6803 Rock Valley Pkwy, Loves Park, IL 61111
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      1,500 SF

      Loves Park Industrial Space

      Small industrial space available September 1, 2025 in Loves Park.
      6924-6930 Forest Hills Rd, Loves Park, IL 61111
      View Details
    • Contact for pricing
      350,000 SF

      Loves Park Industrial Campus

      Manufacturing space, 50,000 - 350,000 SF
      90/I-39 Riverside Blvd, Loves Park, IL 61111
      View Details
    • $5 SF/Yr
      3,000 SF

      Industrial Space Near I-90

      2,800 SF warehouse with office near I-90 interchange.
      4923 Contractors Dr, Loves Park, IL 61111
      View Details
    • Contact for pricing
      81,572 SF

      Harlem & Alpine Retail Center

      Loves Park, IL: Prime Retail Space Available
      7921 Alpine Rd, Loves Park, IL 61111
      View Details
    • Contact for pricing
      3,800 SF

      Retail Space in Renovated Center

      Retail space with abundant parking and easy road access.
      6307-6499 N 2Nd St, Loves Park, IL 61111
      View Details
    • $12 SF/Yr
      900 SF

      Office Space in Loves Park

      Office spaces for lease, ideal for various business needs.
      1752 Windsor Rd, Loves Park, IL 61111
      View Details
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    Loves Park, IL 61111-8305
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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