1302 StateRockford, IL 61104

  • Office properties
  • 6,647 SF
Off market
$390,259 Estimated

Property Details for 1302 State

Year built
2009
Construction
STEEL FRAME
Lot size
0.98 AC
Property size (Sq ft)
6,647 SF
Zone code
R1
Property type
Office properties
Property subtype
Other office properties
APN
11-24-356-037
APU
1124356037

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,200,195
    6.5%
    $1,107,872
    7%
    $1,028,738
  • Comparable approach

    Method
    Valuation
    Relative Method
    $674,825
    Geo Method
    $865,772
  • Alternative Use

    Use
    Valuation
    Residential
    $1,373,761
    Hospitality
    $1,258,358
    Educational
    $1,046,939
    Medical
    $1,082,945
    Retail
    $1,628,572
1302 State, Rockford, Illinois

Location Insight

City
Rockford
County
Winnebago
State
Illinois
Latitude
42.2675
Longitude
-89.0755
CBSA code
40420
CBSA name
ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $271,616
  • Assessed land value
    $50,912
  • Assessed value
    $322,528
  • Tax year
    2023
  • Tax bill
    $33,489

FAQs

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