Property profile

515 Ct St Rockford, IL 61103

OFF-MARKET
Office Spaces
Property ID
US28-5708219
9,051 SF Built 1953
Entity Owned 20-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1953
Construction WOOD
Total area 9,051 SF
Zoning code C1
APN 11-23-159-002
UPID US28-5708219

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Law Firm
  • Law Firm
  • Law Firm
  • Law Firm
  • Consultant

Location

515 Ct St Rockford, IL 61103-6807
Rockford metro Census 2900 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2006
6 recorded transactions
2020
Price N/A
2006
$401,217
2006
$340,000
2000
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · Rockford, IL
Zoning description

21-001-B. C-1, LIMITED OFFICE DISTRICT 1. The C-1, Limited Office district is intended to accommodate low-intensity office development in close proximity to residential uses. 2. The C-1 district is intended to serve as a…

General category COMMERCIAL

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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