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Property profile & analytics

115 7Th St Rockford, IL 61104

  • Office Properties & Spaces
  • 12,851 SF
Value Estimation
$410,000
Last Sale
Dec 01, 2021
$472,500
Location Intelligence
Property ID
US28-1531305
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Bovada Online Casino / Casino / Kite Shop
  • Dr. Emilio Carrillo / Dentist
  • Dr. Mohamed Harunani / Dentist
  • Dr. Ayesha Zahurullah / Dentist
  • Mohamednazir F Harunani / Dentist

Property Details for 115 7Th St

Year built
1927
Construction
FRAME
Property size
12,851 SF
Zone code
C4
Property type
Office Properties & Spaces
APN
11-26-230-011
APU
1126230011

Description

This exceptional two-story, 17,772 square foot Class C office building is located at 115 7th St, Rockford, IL 61104, near the Charles cross street. The property, built in 2018 (renovated), features a mix of executive and traditional office spaces within a multi-tenant building. Currently, there is no vacant space. The building sits on a 0.14-acre lot and boasts a 5.88 FAR. It offers 11 total parking spaces. The property is zoned C4 and has an APN of 11-26-230-011. This prime location in Rockford, Illinois, places it within the I-90 growth corridor, benefiting from proximity to Chicago and the advantages of a thriving business environment. Rockford's diverse economy, including manufacturing and distribution, is further enhanced by the Rockford International Airport and easy access to I-90. This presents a strong investment opportunity in a well-established and growing market. The building's modern design and convenient location make it an attractive option for businesses seeking a functional and accessible workspace.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $410,000
  • CAP approach

    CAP return
    Estimation
    6%
    $415,000
    6.5%
    $400,000
    7%
    $420,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $430,000
    Geo Method
    $425,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $445,000
    Retail
    $440,000
    Mixed-Use
    $500,000
    Hospitality
    $420,000
    Educational
    $455,000
    Residential Income
    $465,000
    Energy
    $500,000
    Income-Based Land
    $405,000
    Food Service
    $465,000

Location Insight

  • Map
  • Local Demand
City
Rockford
County
Winnebago
State
Illinois
Longitude
-89.0811
Latitude
42.2662
CBSA code
40420
CBSA name
ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,023
$12,048
$65,222
$77,270
-
$36,144
$195,666
$231,810
More about this property
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