Financial
Distress signals
Property profile

603 2nd Ave Rochelle, IL 61068

OFF-MARKET
Other commercial real estate
Property ID
US28-3118439
14,594 SF Built 1988
Last sale Jan 2008
Trust Owned Owner of record is a trust. 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Flex-space building combining office and industrial shop uses, constructed in 1988 and historically used for warehouse and business operations. The office area includes a reception area, private offices, heating and air conditioning, and two half bathrooms. A heated shop measuring approximately 40 x 75 includes five dock doors with heavy-duty commercial doors and a semi-approach, with additional overhead storage. The property also includes an outdoor fenced-in lot of approximately 124 x 82 for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$33k
Assessed land$6k
Assessed improvement$27k
Effective rate8.84%

Value estimate

· Sep 2026
$305k
$275k – $336k
AI approach$305k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$58/SF
ZIP average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$29 – $99

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOGLE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.3
Dental Office13.7
Law Firm10.3

Location

603 2nd Ave Rochelle, IL 61068-1872
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
497 Il Rte 38, Rochelle, IL 61068-1189 $1,141,000 May 2025 6,459 SF
303 1st, Rochelle, IL 61068 $190,500 May 2025 6,380 SF
425 Lincoln, Rochelle, IL 61068-2605 $243,000 Apr 2025 8,064 SF
422 Cherry, Rochelle, IL 61068-1605 $75,000 Mar 2025 8,374 SF
900 3rd, Rochelle, IL 61068-1666 $190,000 Dec 2024 14,800 SF
Lincoln, Rochelle, IL 61068 $125,000 Aug 2024 8,184 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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