Property profile

5902 Material Ave Loves Park, IL 61111

OFF-MARKET
Industrial properties
Property ID
US28-1437570
13,318 SF 1.03 ac lot Built 1961
Individually Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1961
Construction STEEL FRAME
Total area 13,318 SF
Lot 1.03 ac (44,867 SF)
Zoning code IL
APN 12-05-151-004
UPID US28-1437570

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
  • Hardware & Home Improvement Production Facility
  • Building Supply General Contractor

Location

5902 Material Ave Loves Park, IL 61111-4240
Loves Park metro Census 200 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
$589k
Blend (final) Blend
$235k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2023
Price N/A
2018
Price N/A
2008
Price N/A
1997
$340,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IL · Loves Park, IL
Zoning description

(Multiply lineal feet x 1 to get square feet for signage) CR, CG, IL, & IG only (Multiply lineal feet x 3 to get primary square feet for signage) CR, CG, IL, & IG only Page 4 Property Address: ___________________________…

General category INDUSTRIAL

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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