Property profile

6500 2nd St Loves Park, IL 61111

OFF-MARKET
Office Spaces
Property ID
US28-5320751
1,406 SF 0.28 ac lot Built 1960
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1960
Construction WOOD
Total area 1,406 SF
Lot 0.28 ac (12,197 SF)
Zoning code CR
APN 11-01-227-004
UPID US28-5320751

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
  • Cafe & Coffee Shop
  • Law Firm
  • Accounting Firm Tax Preparation

Location

6500 2nd St Loves Park, IL 61111-4112
Loves Park metro Census 200 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2021
$145,500
2021
$65,000
2021
Price N/A
2018
$50,000
2016
Price N/A
2008
$160,000

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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