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Property profile & analytics
OFF-MARKET
Industrial properties
931 Riv Ln Loves Park, IL 61111-4712
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-0542980
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1961
Construction
WOOD
Total area
4,736 SF
Lot
2.05 ac (89,298 SF)
Zoning code
IL
APN
12-07-201-005
UPID
US28-0542980
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Home Builders Association of the Greater Rockford Area Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
William V Lasher · 1 yrs held
William V Lasher
since 2025
Last sale
$210,000
7 recorded transactions
Zoning & alternative use
IL · Loves Park, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Loves Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loves Park submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,980
Tax year 2023
Assessed value
$88,377
Assessed 2023
Previous assessed
$88,377
+0.0% YoY
Effective rate
9.03%
On assessed value
Assessed land
$35,482
Assessed improvement
$52,895
Land market value
$106,446
Improvement market value
$158,685
Total market value
$265,131
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1961
Construction
WOOD
Heating
HOT WATER
Cooling
NONE
Stories
1
Total area
4,736 SF
Lot
2.05 ac (89,298 SF)
Zoning code
IL
APN
12-07-201-005
UPID
US28-0542980
Jurisdiction
WINNEBAGO
Zoning & alternative use
IL · Loves Park, IL
Zoning IL · permitted uses
IL · Loves Park, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loves Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
1
Lot
2.05 ac
Current owner
From public records · entity-resolved
William V Lasher
Individual
Mailing address
1017 RIV LN, LOVES PARK, IL 61111-4714
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2025
—
William V Lasher
William V Lasher
Deed
related
—
Jan 22, 2025
$220,000
William V Lasher
River Lane Rentals LLC
Warranty Deed
$176,000 · First National Bank & Trust Co
Nov 14, 2024
—
B Shaw Holdings LLC
River Lane Rentals LLC
Quitclaim Deed
related
—
Sep 27, 2024
$210,000
River Lane Rentals LLC
Fiorenza Enterprises INC
Warranty Deed
$168,000 · Northwest Bank Rockford
Aug 18, 2022
—
Fiorenza Enterprises INC
—
Deed
related
$101,200 · Northwest Bank Rockford
May 1, 2019
—
Fiorenza Ents INC
—
Deed
related
$30,000 · Rockford Bk&tr
Sep 29, 2011
—
Fiorenza Ents INC
Fiorenza,joseph G & Myrtle M
Quit Claim Deed
related
$362,000 · Rockford Bank & Trust Co
Jul 30, 2002
$125,000
Joseph G Fiorenza
Hoegberg,tr
Grant Deed
$105,000 · Northwest Bank Rockford
—
—
Fiorenza Ents INC
—
Deed Of Trust
related
$20,000 · Rockford Bk&tr
—
—
Fiorenza Ents INC
—
Deed Of Trust
related
$30,000 · Rockford Bk&tr
—
—
Joseph G Fiorenza
—
Deed Of Trust
related
$156,000 · Rockford Bank & Trust Co
—
—
Joseph G Fiorenza
—
Deed Of Trust
related
$60,000 · Amcore Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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