Property profile

5501 2nd St Loves Park, IL 61111

OFF-MARKET
Commercial real estate
Property ID
US28-2179901
742 SF 0.31 ac lot Built 1964
Entity Owned Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1964
Construction WOOD
Total area 742 SF
Lot 0.31 ac (13,504 SF)
Zoning code CR
APN 12-06-354-004
UPID US28-2179901

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
  • (Bike/Boat/Book/etc) Store Auto Parts Store
  • Auto Repair Shop

Location

5501 2nd St Loves Park, IL 61111-5012
Loves Park metro Census 300 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2026
Last sale
$14,000
3 recorded transactions
2026
$14,000
2008
$210,000
1969
Price N/A

Zoning & alternative use

CR · Loves Park, IL
Zoning description

(Multiply lineal feet x 3 to get primary square feet for signage) CR, CG, IL, & IG only Page 4 Property Address: ____________________________________________ Zoning District: ____________________ Plat of Subdivision: ___…

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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