714 7thRockford, IL 61104

  • Office properties
  • 1,391 SF
Off market

Property Details for 714 7th

Year built
1926
Construction
WOOD
Lot size
0.09 AC
Property size (Sq ft)
1,391 SF
Zone code
I1
Property type
Office properties
Property subtype
Other office properties
APN
11-26-286-001
APU
1126286001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $251,162
    6.5%
    $231,841
    7%
    $215,281
  • Comparable approach

    Method
    Valuation
    Relative Method
    $141,219
    Geo Method
    $181,178
  • Alternative Use

    Use
    Valuation
    Residential
    $287,483
    Hospitality
    $263,333
    Educational
    $219,090
    Medical
    $226,625
    Retail
    $340,807
714 7th, Rockford, Illinois

Location Insight

City
Rockford
County
Winnebago
State
Illinois
Latitude
42.2599
Longitude
-89.0805
CBSA code
40420
CBSA name
ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $13,884
  • Assessed land value
    $4,347
  • Assessed value
    $18,231
  • Tax year
    2023
  • Tax bill
    $1,893

FAQs

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