907 StateRockford, IL 61104

  • Office properties
  • 9,058 SF
For Sale
$395,000 View listing

Property Details for 907 State

Year built
1920
Construction
WOOD
Property size (Sq ft)
9,058 SF
Zone code
C4
Property type
Office properties
Property subtype
Other office properties
APN
11-26-202-002
APU
1126202002

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,635,529
    6.5%
    $1,509,720
    7%
    $1,401,882
  • Comparable approach

    Method
    Valuation
    Relative Method
    $919,597
    Geo Method
    $1,179,804
  • Alternative Use

    Use
    Valuation
    Residential
    $1,872,052
    Hospitality
    $1,714,790
    Educational
    $1,426,685
    Medical
    $1,475,751
    Retail
    $2,219,288
907 State, Rockford, Illinois

Location Insight

City
Rockford
County
Winnebago
State
Illinois
Latitude
42.2666
Longitude
-89.0834
CBSA code
40420
CBSA name
ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $52,606
  • Assessed land value
    $5,950
  • Assessed value
    $58,556
  • Tax year
    2023
  • Tax bill
    $6,080

FAQs

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