Property profile

6588 Spg Brk Rd Rockford, IL 61114

OFF-MARKET
Commercial real estate
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Property ID
US28-1237591
3,426 SF 7.42 ac Built 1964
Last sale Oct 2022·$245,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$54k
Assessed land$49k
Assessed improvement$4k
Effective rate10.38%

Value estimate

· Nov 2026
$225k
$203k – $248k
AI approach$210k

Realmo valuation models over county records and 28 qualifying comparable sales.

Recently sold

What actually traded nearby?
$77/SF
Submarket average, outlier-cleaned · 424 recorded sales of this use type
Observed band · Q1–Q3$30 – $139
Qualifying comparables28

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

What can be built here?
R3
R-3 Multifamily Residential R-4 Multifamily Residential 20-003 NAMES AND MAP SYMBOLS The “R” district names and map symbols are intended ...
General categoryRESIDENTIAL
JurisdictionWINNEBAGO

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.2
Plumbing Service9.5
Tailor Shop9.5

Location

6588 Spg Brk Rd Rockford, IL 61114-5667
County assessor Recorded deeds · 3 transfers 28 qualifying comp sales Zoning catalog

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
6825 Weaver, Rockford, IL 61114-8018 $735,000 Mar 2025 5,280 SF
3885 Perryville, Rockford, IL 61114-8080 $2,300,000 Jun 2024 16,176 SF
1729 Riverside, Rockford, IL 61114-4849 $160,000 Jun 2022 3,048 SF
3870 Perryville, Rockford, IL 61114-8000 $1,600,000 Aug 2021 5,279 SF
6795 Riverside, Rockford, IL 61114-4429 $1,000,000 Aug 2020 7,327 SF
1601 Riverside, Rockford, IL 61114-4744 $500,000 May 2020 4,446 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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Includes: Price & PSF · Cap rate · Location · Zoning

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