Property profile

723 7th St Rockford, IL 61104

OFF-MARKET
Industrial properties
Property ID
US28-1065848
6,372 SF Built 1910
Trust Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1910
Construction WOOD
Total area 6,372 SF
Zoning code C3
APN 11-26-285-003
UPID US28-1065848

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

723 7th St Rockford, IL 61104
Rockford metro Census 1200 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2024
Last sale
$15,000
3 recorded transactions
2024
Price N/A
2024
Price N/A
1997
$25,000

Zoning & alternative use

C3 · Rockford, IL
Zoning description

21-001-D. C-3, GENERAL COMMERCIAL DISTRICT 1. The primary purpose of the C-3, General Commercial district is to accommodate a very broad range of business, service, and commercial uses. In terms of allowed uses, C-3 repr…

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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