Property profile

7401 2nd St Machesney Park, IL 61115

OFF-MARKET
Office Spaces
Property ID
US28-0896613
1,403 SF 0.54 ac lot Built 1951
Individually Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1951
Total area 1,403 SF
Lot 0.54 ac (23,371 SF)
APN 08-31-178-004
UPID US28-0896613

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Insurance Agency

Location

7401 2nd St Machesney Park, IL 61115-2813
Machesney Park metro Census 103 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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