1358 4Th Ave Rockford, IL 61104
Property profile & analytics
1358 4Th Ave Rockford, IL 61104
- Office Spaces
- 42,916 SF
- 1.26 lot acres
Property ID
US28-1212546
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.
Location Intelligence
Current Use by Public Records
- Office Spaces
Property Details for 1358 4Th Ave
- Year built
- 1920
- Construction
- FRAME
- Lot size
- 1.26 lot acres
- Property size
- 42,916 SF
- Zone code
- R2
- Property type
- Office Spaces
- APN
- 11-25-151-021
- APU
- 1125151021
Description
This exceptional Class A mixed-use property in Rockford, Illinois, presents a unique investment opportunity. Located at 1358 4th Ave, 61104, this three-story building encompasses 42,916 square feet on a 1.5-acre lot. The property features a 16-foot ceiling height and ample parking for approximately 40-50 vehicles. Currently configured as a hotel, medical office, and traditional office space, this versatile building offers significant potential for diverse income streams. The building is well-maintained, with functional heating, air conditioning, water, sewer, fire, and alarm systems, and operates under 24-hour surveillance. The asking price is $2,500,000 ($58.25/sq ft). This owner/user investment is situated in Winnebago County, near a major Midwest medical facility, creating potential for various uses, including daycare, post-medical/rehab treatments, luxury apartments/condos, and additional office or hotel space. The property's prime location and adaptable design make it an attractive prospect for investors seeking a high-return, multi-faceted asset.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $445,000
- ML approach
- $575,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -89.075
- Latitude
- 42.2629
- 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
$21,106
$32,812
$170,451
$203,263
-
$98,436
$511,353
$609,789
