1515 LnMachesney Park, IL 61115

  • Office properties
  • 5,463 SF
Off market
$618,101 Estimated

Property Details for 1515 Ln

Year built
2005
Lot size
1.38 AC
Property size (Sq ft)
5,463 SF
Property type
Office properties
Property subtype
Other office properties
APN
08-20-251-012
APU
820251012

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $986,410
    6.5%
    $910,532
    7%
    $845,494
  • Comparable approach

    Method
    Valuation
    Relative Method
    $554,621
    Geo Method
    $711,556
  • Alternative Use

    Use
    Valuation
    Residential
    $1,129,060
    Hospitality
    $1,034,212
    Educational
    $860,453
    Medical
    $890,045
    Retail
    $1,338,482
1515 Ln, Machesney Park, Illinois

Location Insight

City
Machesney Park
County
Winnebago
State
Illinois
Latitude
42.3649
Longitude
-89.0264
CBSA code
40420
CBSA name
ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $381,933
  • Assessed land value
    $128,894
  • Assessed value
    $510,827
  • Tax year
    2023
  • Tax bill
    $49,211

Property Visit Statistics

  • Visits by month
    1.6k
  • Visitors by month
    1.3k
  • Avg Time on site
    17 min

FAQs

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