1509 5thRockford, IL 61104

  • Apartment buildings
  • 4,662 SF
Off market
$1,302,490 Estimated

Property Details for 1509 5th

Year built
1928
Construction
BRICK
Lot size
0.13 AC
Property size (Sq ft)
4,662 SF
Zone code
R2
Property type
Apartment buildings
APN
11-25-181-006
APU
1125181006

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,043,806
    6.5%
    $963,514
    7%
    $894,691
  • Comparable approach

    Method
    Valuation
    Relative Method
    $733,617
    Geo Method
    $941,200
  • Alternative Use

    Use
    Valuation
    Residential
    $963,514
    Hospitality
    $882,573
    Educational
    $734,291
    Medical
    $759,544
    Retail
    $1,142,230
1509 5th, Rockford, Illinois

Location Insight

City
Rockford
County
Winnebago
State
Illinois
Latitude
42.2613
Longitude
-89.0714
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
$3,870
$2,398
$34,872
$37,270
-
$7,194
$104,616
$111,810

FAQs

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