NOT LISTED FOR SALE

1320 7th St Rockford, IL 61104

Midtown District Neighborhood
-- Bed
-- Bath
8,099 Sq Ft
1920 Built

Last Sold June 29, 2023

Last sale price $45,000 $6 Per Sq Ft

120 Days on Market

About This Home

As of June 2023

Redevelopment Opportunity! This building has the possibility for 8 apartments and 4 stores. Seller has city approved blueprints and engineering report for the stores. Currently condemned. Cash or Construction loan only.

Last Agent to Sell the Property

Heather Carter

Gambino Realtors License #471022343 Listed on: 12/12/2022

Gambino Realtors

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1920

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 8,099 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Constance Lane Elementary School
  • Abraham Lincoln Middle School
  • Rockford East High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 8 Units
  • 3-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,178

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 8099
  • Front: 61
  • Legal Description: SCANDINAVIAN ADDN N 60.47 FT LOT 008
  • Lvt Date: 12/12/2022
  • Rear: 61
  • Side 1: 60.47
  • Side 2: 60.47
  • Style: 3+ Story
  • Type: 5+ Units
  • Total Assessed Value: 28840
  • Number Of Floors In Bldg: 3
  • Number Of Units In Bldg: 8
  • Agent Only_ L A1 User Code: 110476
  • Elementary School: Constance Lane Elementary School
  • Estimated Total Finished Sq Ft: 8099
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Redevelopment Opportunity! This building has the possibility for 8 apartments and 4 stores. Seller has city approved blueprints and engineering report for the stores. Currently condemned. Cash or Construction loan only.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: No
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 8099
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2021
  • Taxes: 1178

MLS Schools

  • HighSchool: Rockford East High
  • School District: Rockford 205
  • Middle School: Abraham Lincoln Middle

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $45,000 -43.7% $6 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
03/17/2023 03/17/23 Price Changed $79,900 -19.3% $10 / Sq Ft
12/12/2022 12/12/22 For Sale $99,000 -- $12 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Heather Carter

    Seller's Agent in 2023

    Heather Carter

    Gambino Realtors

    (815) 519-2969

    3 in this area

    186 Total Sales

    Heather Carter
    Section Image

  • N

    Buyer's Agent in 2023

    NON-NWIAR Member

    NorthWest Illinois Alliance of REALTORS®

    NON-NWIAR Member
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202207768

NorthWest Illinois Alliance of REALTORS®
Illinois Winnebago County Rockford 61104 Midtown District

1320 7th St, Rockford, IL

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NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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