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Financial
Distress signals
Property profile

6958 Spg Crk Rd Rockford, IL 61114

OFF-MARKET
Other office properties
Property ID
US28-1867492
13,156 SF 1.78 ac lot Built 2001
Last sale Aug 2011
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a former Bank of America branch building located at the intersection of Perryville Road and Spring Creek Road in the North Perryville corridor of the Rockford area. It is configured for financial services or general office use and includes provisions for building signage. The site provides frontage along a busy road with stated traffic volumes of more than 25,000 vehicles per day. The property is located approximately 2.6 miles from the I-39/I-90 interchange and about 1.7 miles…

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

What does the county charge?
Assessed value · 2023$417k
Assessed land$139k
Assessed improvement$278k

Value estimate

· Oct 2026
$260k
$234k – $286k
Submarket $/SF estimate$627k

Realmo valuation models over county records and 14 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 comparables14

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?
C3
The primary purpose of the C-3, General Commercial district is to accommodate a very broad range of business, service, and commercial uses
General categoryCOMMERCIAL
JurisdictionWINNEBAGO

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply20.7
Restaurant18.0
Auto Repair Shop17.3

Location

6958 Spg Crk Rd Rockford, IL 61114-7414
County assessor Recorded deeds · 1 transfer 14 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3815 Mulford, Rockford, IL 61114-5622 $400,000 Mar 2025 19,844 SF
6050 Brynwood, Rockford, IL 61114-6579 $700,000 Aug 2024 18,060 SF
3963 Perryville, Rockford, IL 61114-8020 $1,040,000 Aug 2022 8,801 SF
5995 Spg Crk, Rockford, IL 61114-6481 $5,275,000 Feb 2022 14,396 SF
6785 Weaver, Rockford, IL 61114-8055 $1,272,500 May 2021 15,008 SF
3957 Mulford, Rockford, IL 61114-8004 $400,000 Apr 2021 4,079 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

Comparable nearby

  • Value Estimation by Request
    14,396 SF
    5995 Spg Crk Rd
    OFFICE (GENERAL)
    5995 Spg Crk Rd, Rockford, IL 61114-6481
    View Details
  • Value Estimation
    $1,590,000
    14,778 SF
    3775 Mulford Rd
    OFFICE (GENERAL)
    3775 Mulford Rd, Rockford, IL 61114-5632
    View Details
  • Value Estimation
    $730,000
    15,980 SF
    5919 Spg Crk Rd
    OFFICE (GENERAL)
    5919 Spg Crk Rd, Rockford, IL 61114-6447
    View Details
  • Value Estimation
    $440,000
    8,965 SF
    6723 Weaver Rd Ste, Unit 100
    OFFICE (GENERAL)
    6723 Weaver Rd Ste, Rockford, IL 61114-8021
    View Details
  • Value Estimation
    $920,000
    8,801 SF
    3963 Perryville Rd
    OFFICE (GENERAL)
    3963 Perryville Rd, Rockford, IL 61114-8020
    View Details
  • Value Estimation
    $500,000
    8,075 SF
    3851 Mulford Rd
    OFFICE (GENERAL)
    3851 Mulford Rd, Rockford, IL 61114-5603
    View Details

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