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 $39,937. Commercial real estate sale prices in Rockford have a median of $73,724. The last 24 months of sales history has seen 1,491 sales, with 313 sales greater than $250,000, 64 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 $1,384 $331 $70
Median price/sqft $117 $106 $28
Average sold price $1,143,572 $1,443,319 $361,698
Median sold price $194,892 $190,865 $73,724
Number of sales 3,954,880 146,857 1,491
Number of sales over $250k 1,665,915 61,064 313
Number of sales over $1m 395,099 17,164 64
Number of sales over $10m 58,833 2,858 7
Average total tax amount $6,013 $8,870 $5,543
Average assessed value $307,888 $64,080 $39,937
Average market value $390,264 $269,743 $119,799

Rockford commercial real estate property averages

The average lot size of commercial real estate properties in Rockford is 9,299 sf. This is 11% below the Illinois average.

Property averages United States Illinois Rockford
Average lot size 816,488 sf 381,453 sf 109,715 sf
Median lot size 24,473 sf 10,455 sf 9,299 sf
Average building area 1,165 sf 199 sf 53 sf
Median building area 75 sf 82 sf 26 sf
Median year built 1970 1958 1950
Average number of units 16 9 2
Median number of units 2 2 --

Rockford commercial real estate total supply

There are 21,798 commercial real estate properties in Rockford. This is 196% below the Illinois average. The total acerage is 40,851 acres and the aggregate building area for commercial real estate properties in Rockford is 291,111 sf.

Supply United States Illinois Rockford
Number of parcels 57,702,818 2,467,681 21,798
Aggregate lot acerage 897,668,421 11,987,254 40,851
Aggregate building area 8,285,840,710 sf 59,640,782 sf 291,111 sf
Aggregate units 88,060,792 2,398,907 26,718

Rockford commercial real estate industrial mortgages

There are 33,203 mortgages for commercial real estate properties across Rockford in the Reonomy database. The average value of those mortgages is $3,867,515. This is 36% below the Illinois average.

Debt United States Illinois Rockford
Number of mortgages 40,200,163 3,215,610 33,203
Average value of mortgages $5,212,990 $5,599,089 $3,867,515

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