5642 2ndLoves Park, IL 61111

  • Office properties
  • 15,009 SF
For Lease
$12/SF/YR View listing

Property Details for 5642 2nd

Year built
1961
Construction
STEEL FRAME
Lot size
1.20 AC
Property size (Sq ft)
15,009 SF
Zone code
CR
Property type
Office properties
Property subtype
Other office properties
APN
11-01-476-018
APU
1101476018

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,710,053
    6.5%
    $2,501,588
    7%
    $2,322,903
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,523,762
    Geo Method
    $1,954,922
  • Alternative Use

    Use
    Valuation
    Residential
    $3,101,968
    Hospitality
    $2,841,386
    Educational
    $2,364,000
    Medical
    $2,445,302
    Retail
    $3,677,334
5642 2nd, Loves Park, Illinois
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Location Insight

City
Loves Park
County
Winnebago
State
Illinois
Latitude
42.3136
Longitude
-89.0586
CBSA code
40420
CBSA name
ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $181,107
  • Assessed land value
    $50,553
  • Assessed value
    $231,660
  • Tax year
    2023
  • Tax bill
    $20,919

FAQs

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