Property profile

5535 2nd St Loves Park, IL 61111

OFF-MARKET
Office Spaces
Property ID
US28-0604908
2,111 SF 0.14 ac lot Built 1948
Individually Owned 17-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1948
Construction WOOD
Total area 2,111 SF
Lot 0.14 ac (6,098 SF)
Zoning code CR
APN 12-06-353-002
UPID US28-0604908

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
  • Insurance Agency

Location

5535 2nd St Loves Park, IL 61111-5048
Loves Park metro Census 300 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2009
7 recorded transactions
2009
$100,000
2006
Price N/A
1998
Price N/A
1997
$80,000
1996
$63,000
1969
Price N/A
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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