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Property profile & analytics
OFF-MARKET
Commercial real estate
Starr St Rockford, IL 61104
Entity Owned
13-yr Hold
Free & Clear
Property ID
US28-3475996
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1989
Construction
STEEL FRAME
Total area
2,436 SF
Lot
0.17 ac (7,405 SF)
Zoning code
I2
APN
11-35-326-009
UPID
US28-3475996
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
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
Kishwaukee Properties LLC · 13 yrs held
Kishwaukee Properties LLC
since 2013
2 recorded transactions
Zoning & alternative use
I2 · Rockford, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
23-002-B. I-2, GENERAL INDUSTRIAL DISTRICT The primary purpose of the I-2, General Industrial district is to accommodate moderate- impact manufacturing, wholesaling, warehousing, and distribution uses, including storage and
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
5,109.69 ac
Source
Article 1
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 Rockford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockford 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
$9,030
Tax year 2023
Assessed value
$86,962
Assessed 2023
Previous assessed
$77,728
+11.9% YoY
Effective rate
10.38%
On assessed value
Assessed land
$5,540
Assessed improvement
$81,422
Land market value
$16,620
Improvement market value
$244,266
Total market value
$260,886
Applied tax rate
1.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Total area
2,436 SF
Lot
0.17 ac (7,405 SF)
Zoning code
I2
APN
11-35-326-009
UPID
US28-3475996
Jurisdiction
WINNEBAGO
Zoning & alternative use
I2 · Rockford, ILZoning I2 · permitted uses
I2 · Rockford, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
23-002-B. I-2, GENERAL INDUSTRIAL DISTRICT The primary purpose of the I-2, General Industrial district is to accommodate moderate- impact manufacturing, wholesaling, warehousing, and distribution uses, including storage and
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
5,109.69 ac
Source
Article 1
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Kishwaukee Properties LLC
Entity
Free & Clear · 13 yrs held
Mailing address
3 RIV HLS CT, BOLINGBROOK, IL 60490-2148
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2013
$160,000
Kishwaukee Properties LLC
Mutual Bank Harvey Illinois
Grant Deed
—
Jun 14, 2012
—
Mutual Bk
Sheriff Of Winnebago County
Trustees Deed
related
—
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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