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Property profile & analytics

1417 7th St Rockford, IL 61104-4910

  • Commercial real estate
  • 7,480 SF
  • 0.13 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-5813581
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

  • Commercial real estate

Property Details for 1417 7th St

Year built
1920
Construction
WOOD
Lot size
0.13 lot acres
Property size
7,480 SF
Zone code
C2
Property type
Commercial real estate
APN
11-26-479-020
APU
1126479020

Description

This exceptional 7,480 square foot brick building is situated at a high-traffic intersection in Rockford, Illinois, near the crossroads of Broadway and 7th Street, and conveniently close to Crusader Clinic. Currently operating as a retail store, the property presents a wealth of possibilities for diverse commercial uses. The ground floor boasts impressive storefront windows, multiple display areas, a workshop, an office, and a comfortable living room complete with a gas fireplace. A substantial rear area, featuring high ceilings and a garage door, offers significant storage or expansion potential. Upstairs, a large, open space of approximately 1,500 square feet provides ample room for additional development, with existing plumbing readily available for bathroom installation. The building is equipped with a robust 200 AMP electrical service. This versatile property offers a unique blend of established retail space and significant expansion opportunities, making it an ideal investment for a variety of commercial ventures. Its prime location and substantial size make it a truly exceptional opportunity in the Rockford market. The solid brick construction ensures durability and longevity, while the existing infrastructure provides a solid foundation for future improvements and adaptations. Don't miss this chance to acquire a well-located, adaptable commercial property with significant upside potential.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Rockford
County
Winnebago
State
Illinois
Longitude
-89.0813
Latitude
42.2528
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
$3,662
$9,197
$26,075
$35,272
-
$27,591
$78,225
$105,816
More about this property
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