615 LongwoodRockford, IL 61107

  • Office properties
  • 17,581 SF
For Sale
$449,000 View listing

Property Details for 615 Longwood

Year built
1985
Construction
WOOD
Property size (Sq ft)
17,581 SF
Zone code
R1
Property type
Office properties
Property subtype
Other office properties
APN
11-23-428-034
APU
1123428034

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,174,458
    6.5%
    $2,930,269
    7%
    $2,720,964
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,784,879
    Geo Method
    $2,289,925
  • Alternative Use

    Use
    Valuation
    Residential
    $3,633,534
    Hospitality
    $3,328,297
    Educational
    $2,769,104
    Medical
    $2,864,338
    Retail
    $4,307,496
615 Longwood, Rockford, Illinois

Location Insight

City
Rockford
County
Winnebago
State
Illinois
Latitude
42.273
Longitude
-89.0791
CBSA code
40420
CBSA name
ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $67,352
  • Assessed land value
    $23,405
  • Assessed value
    $90,757
  • Tax year
    2023
  • Tax bill
    $9,424

FAQs

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