Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

6779 State St Rockford, IL 61108

OFF-MARKET
Other commercial real estate
Property ID
US28-1683047
5,948 SF 1.29 ac lot Built 1991
Last sale Jul 2026 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a fee simple, single-tenant, freestanding restaurant building consisting of 5,860 square feet on a 1.29-acre parcel. It is situated along State Street in a retail corridor with major national retailers nearby, and the location provides prominent street frontage. The building historically operated as a Perkins Restaurant & Bakery for an extended period and is configured as a restaurant use. Zoning, exact building layout details, and other site-specific engineering or architectural particulars are not provided in the source description.

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.

Debts

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?
$45k
Tax billed · 2023
Assessed value$431k
Assessed land$173k
Assessed improvement$258k
Effective rate10.38%

Value estimate

· Oct 2026
$1.51M
$1.36M – $1.66M
AI approach$1.56M
CAP approach$1.14M
Submarket $/SF estimate$1.26M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$121/SF
ZIP average, outlier-cleaned · 89 recorded sales of this use type
Observed band · Q1–Q3$44 – $212
Qualifying comparables7

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?
C2
The purpose of the C-2, Limited Commercial district is to provide a wide range of development options for the retail sale of goods and fo...
General categoryCOMMERCIAL
JurisdictionWINNEBAGO

Location intelligence

Which uses thrive at this corner?
Best fit: Kitchen & Bath
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Kitchen & Bath14.0
HVAC Service13.6
Storage Facility12.9

Location

6779 State St Rockford, IL 61108-2515
County assessor Recorded deeds · 6 transfers 7 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
2629 Charles, Rockford, IL 61108-1608 $245,000 Sep 2025 5,612 SF
4412 Charles, Rockford, IL 61108 $200,000 Jul 2025 7,500 SF
4409 Charles, Rockford, IL 61108 $207,000 Jul 2024 6,270 SF
1207 Shenandoah, Rockford, IL 61108 $140,000 Jun 2024 8,100 SF
Charles, Rockford, IL 61108 $1,000,000 Apr 2024 5,600 SF
6445 State, Rockford, IL 61108-2541 $2,890,000 Mar 2024 7,572 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6779 State St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again