Property profile

609 7th St Rockford, IL 61104

OFF-MARKET
Commercial land
Property ID
US28-0175755
0.04 ac lot
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.04 ac (1,742 SF)
Zoning code C4
APN 11-26-282-009
UPID US28-0175755

Cap rate & NOI

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

Location

609 7th St Rockford, IL 61104-1303
Rockford metro Census 1100 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2020
5 recorded transactions
2020
Price N/A
2011
$42,000
2007
$160,000
2001
Price N/A
1998
$85,000

Zoning & alternative use

C4 · Rockford, IL
Zoning description

Article 22 | C-4, URBAN MIXED-USE DISTRICT 22-001 PURPOSE The purposes of the C-4, Urban Mixed-Use district are to: 22-001-A. maintain and promote a compact, pedestrian-oriented, mixed-use district with a diverse mix of…

General category MIXED_USE

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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