Financial
Distress signals
Property profile

7141 Harrison Ave 101 Rockford, IL 61112

OFF-MARKET
Commercial real estate
Property ID
US28-2446499
43,587 SF 5.05 ac lot Built 1995
Last sale Nov 1999 · $1,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This single-story, 44,555-square-foot office building, located at 7141 Harrison Ave in Rockford, Illinois, presents a compelling investment opportunity. Built in 2000 and renovated in 2018, the property boasts a Class C designation and offers a flexible space suitable for traditional office, flex space, or call center uses. Currently, there are two suites available, with 11,550 square feet of vacant space, including one 13,009 square-foot suite. The building sits on a 5.05-acre lot and

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.

Mortgages

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?
$61k
Tax billed · 2023
Assessed value$677k
Assessed land$235k
Assessed improvement$442k
Effective rate9.05%

Value estimate

· Sep 2026
$695k
$626k – $765k
Submarket $/SF estimate$1.09M

Realmo valuation models over county records.

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

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?
CG
JurisdictionWINNEBAGO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.2
Law Firm15.0
Building Supply14.1

Location

7141 Harrison Ave, Unit 101 Rockford, IL 61112-1013
County assessor Recorded deeds · 12 transfers Qualifying comp sales · not on file 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
7047 Newburg, Rockford, IL 61112-1400 $1,926,500 May 2022 48,751 SF
7164 Cherryvale N, Rockford, IL 61112-1061 $780,000 Apr 2022 20,400 SF
1969 Pawlisch, Rockford, IL 61112-1011 $750,000 Mar 2021 7,275 SF
1825 Perryville, Rockford, IL 61112-1021 $600,000 Sep 2019 10,200 SF
1888 Daimler, Rockford, IL 61112-1006 $535,000 Mar 2019 11,000 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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