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Property profile & analytics

615 Longwood St Rockford, IL 61107

  • Office Properties & Spaces
  • 17,581 SF
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-0061803
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

  • Phase 2 / Software Company
  • Swanson Richard K / Insurance Agency
  • Any Hour Lending / Financial Institution
  • Community Kitchen / Association / Organization

Property Details for 615 Longwood St

Year built
1985
Construction
WOOD
Property size
17,581 SF
Zone code
R1
Property type
Office Properties & Spaces
APN
11-23-428-034
APU
1123428034

Description

This exceptional three-story, 17,590 square foot executive office building presents a compelling investment opportunity in Rockford, Illinois. Located at 615 Longwood N, this solid brick landmark boasts a prominent position with convenient access to the city's downtown core. Constructed in 1985, the building is classified as Class C and sits on a 0.72-acre lot (APN 11-23-428-034). The asking price is $449,000, translating to a price per square foot of $25.53. The property is zoned C1, offering flexibility for various commercial uses. The building's substantial size and central location make it ideal for a variety of businesses seeking a well-established presence in Rockford. Its solid construction and established presence contribute to its enduring value. This is a rare opportunity to acquire a significant commercial property in a desirable location at an attractive price point. The building's three stories provide ample space for expansion or subdivision, catering to diverse business needs. Serious inquiries are encouraged to explore the potential of this landmark property.


Value Estimations

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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Rockford
County
Winnebago
State
Illinois
Longitude
-89.0791
Latitude
42.273
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
$9,424
$23,405
$67,352
$90,757
-
$70,215
$202,056
$272,271
More about this property
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