Commercial real estate in Rockford

Search commercial real estate records in Rockford to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Rockford commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

Popular searches around Rockford

Reonomy operates the most comprehensive database for Rockford Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Rockford commercial real estate professionals. Members from Rockford include brokers, investors and service providers, many of whom specialize in Rockford Commercial Real Estate.

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Rockford commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Rockford is $39,719. Commercial real estate sale prices in Rockford have a median of $81,705. The last 24 months of sales history has seen 1,514 sales, with 354 sales greater than $250,000, 69 sales valued at over $1,000,000, and 7 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Rockford over the last 24 months is $28.

Values and sold prices (last 24 months) United States Illinois Rockford
Average price/sqft $1,330 $346 $71
Median price/sqft $117 $107 $28
Average sold price $1,135,318 $1,453,342 $379,413
Median sold price $196,110 $192,389 $81,705
Number of sales 3,869,903 143,914 1,514
Number of sales over $250k 1,636,202 60,196 354
Number of sales over $1m 384,130 16,971 69
Number of sales over $10m 55,628 2,897 7
Average total tax amount $5,974 $8,862 $5,563
Average assessed value $307,761 $64,076 $39,719
Average market value $389,458 $267,708 $119,264

Rockford commercial real estate property averages

The average lot size of commercial real estate properties in Rockford is 9,345 sf. This is 11% below the Illinois average.

Property averages United States Illinois Rockford
Average lot size 818,516 sf 382,016 sf 109,452 sf
Median lot size 24,514 sf 10,473 sf 9,345 sf
Average building area 1,112 sf 197 sf 53 sf
Median building area 75 sf 82 sf 26 sf
Median year built 1970 1959 1950
Average number of units 16 9 2
Median number of units 2 2 --

Rockford commercial real estate total supply

There are 21,800 commercial real estate properties in Rockford. This is 196% below the Illinois average. The total acerage is 40,946 acres and the aggregate building area for commercial real estate properties in Rockford is 292,199 sf.

Supply United States Illinois Rockford
Number of parcels 57,794,383 2,470,214 21,800
Aggregate lot acerage 971,077,489 12,066,592 40,946
Aggregate building area 7,965,118,062 sf 59,216,386 sf 292,199 sf
Aggregate units 87,828,010 2,401,535 26,807

Rockford commercial real estate industrial mortgages

There are 33,325 mortgages for commercial real estate properties across Rockford in the Reonomy database. The average value of those mortgages is $3,903,926. This is 36% below the Illinois average.

Debt United States Illinois Rockford
Number of mortgages 40,595,645 3,235,235 33,325
Average value of mortgages $5,215,162 $5,618,191 $3,903,926

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