Financial
Distress signals
Property profile

866 Research Pkwy Rockford, IL 61109

OFF-MARKET
Industrial properties
Property ID
US28-1085390
54,001 SF 3.24 ac lot Built 1989
Last sale Oct 2023 · $4,275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$41k
Tax billed · 2023
Assessed value$398k
Assessed land$47k
Assessed improvement$351k
Effective rate10.38%

Value estimate

· Sep 2026
$5.42M
$4.87M – $5.96M
AI approach$5.59M
CAP approach$5.59M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$37/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$17 – $56

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?
I3
The primary purpose of the I-3, Airport Industrial district is to accommodate businesses and industry that benefit from locations in clos...
General categoryINDUSTRIAL
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 agency17.2
Law Firm12.5
Hair Salon11.4

Location

866 Research Pkwy Rockford, IL 61109-2940
County assessor Recorded deeds · 2 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5560 International, Rockford, IL 61109-2784 $1,900,000 Mar 2024 19,300 SF
1611 York, Rockford, IL 61109 $2,500,000 Nov 2023 26,495 SF
766 Research, Rockford, IL 61109-2938 $4,275,000 Oct 2023 113,295 SF
4080 Logistics, Rockford, IL 61109-3099 $4,400,000 Oct 2023 78,334 SF
3333 Frst Vw, Rockford, IL 61109-1644 $1,500,000 Aug 2023 29,292 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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