Commercial Real Estate in Rockford | Reonomy

Commercial Real Estate in Rockford

Unlock property data on 21,677 commercial properties in Rockford. Search through Rockford property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Popular searches around Rockford

Reonomy attracts a large community of Rockford commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Rockford commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Illinois Rockford
Average price/sqft $945 $3,286 $5,708
Average sold price $1,051,559 $1,351,807 $424,871
Median sold price $197,877 $182,195 $78,293
Number of sales 3,311,016 125,822 1,169
Number of sales over $250k 1,405,142 50,561 267
Number of sales over $1m 316,433 13,701 53
Number of sales over $10m 42,830 2,496 9
Average total tax amount $7,047 $7,882 $5,012
Average assessed value $252,071 $57,602 $34,996
Average market value $355,894 $216,691 $104,341

Rockford commercial real estate property averages

Property averages United States Illinois Rockford
Average lot size 815,813 sf 381,931 sf 111,033 sf
Median lot size 24,444 sf 10,511 sf 9,362 sf
Average building area 1,078 sf 209 sf 53 sf
Median building area 77 sf 83 sf 26 sf
Median year built 1970 1959 1950
Average number of units 16 10 2
Median number of units 2 2 --

Rockford commercial real estate total supply

Supply United States Illinois Rockford
Number of parcels 58,466,290 2,499,228 21,808
Aggregate lot acerage 1,005,539,896 12,453,457 41,706
Aggregate building area 8,055,243,770 sf 64,660,350 sf 293,664 sf
Aggregate units 90,000,916 2,444,982 26,898

Rockford commercial real estate industrial mortgages

Debt United States Illinois Rockford
Number of mortgages 41,923,137 3,332,850 33,627
Average value of mortgages $5,197,256 $5,542,637 $3,905,721

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