$299,900
$75K PRICE DROP

420 S 7th St Rochelle, IL 61068

Estimated payment $1,862/month

Total Views 44,796
2.48 Acres
$120,927 Price per Acre
108,029 Sq Ft Lot

About This Lot

Corner lot! Location has great potential! Near gas/convenience store and local golf course! Buyer to verify all survey info.

Listing Agent

Sherry Murphy

Hayden Real Estate, Inc. License #475110536 Listed on: 05/05/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,287

Lot Details

  • 2.48 Acre Lot
  • Property fronts a highway
  • Property is zoned COMMR

Property Details

Property Type

Land

Est. Annual Taxes

$2,287

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 1380
  • Frontage Type: US Highway
  • List Price: 299900
  • Waterfront: No

Utilities

  • Utilities: Sewer Connected
  • Water Source: Community Water

Schools

  • Middle/Junior School District: 231

Lot Info

  • Lot Size Acres: 2.48
  • Lot Dimensions: 2.48
  • Zoning: COMMR
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 2286.6
  • Tax Year: 2024
  • Tax Exemptions: None

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,287 $25,980 $24,698 $1,282
2023 $2,353 $26,618 $23,115 $3,503
2022 $1,988 $21,338 $21,338 $0
2021 $1,890 $19,712 $19,712 $0
2020 $1,818 $18,773 $18,773 $0
2019 $1,785 $18,450 $18,450 $0
2018 $1,741 $18,088 $18,088 $0
2017 $1,717 $18,088 $18,088 $0
2016 $1,704 $17,592 $17,592 $0
2015 $1,656 $17,298 $17,298 $0
2014 $1,715 $17,298 $17,298 $0
2013 $1,785 $18,134 $18,134 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Price Changed $299,900 -9.1% --
05/06/2024 05/06/24 For Sale $329,900 0.0% --
05/04/2024 05/04/24 Off Market $329,900 -- --
09/27/2023 09/27/23 Price Changed $329,900 -5.7% --
08/09/2023 08/09/23 Price Changed $349,900 -2.8% --
08/08/2023 08/08/23 Price Changed $360,000 -4.0% --
05/05/2023 05/05/23 For Sale $375,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $60,000 None Available
Deed $165,000 None Available
Warranty Deed $250,000 None Available
Deed $165,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 New Conventional
Closed $50,000 New Conventional
Closed $42,211 New Conventional
Closed $51,253 Future Advance Clause Open End Mortgage
Closed $20,000 Future Advance Clause Open End Mortgage
Previous Owner $400,000 Future Advance Clause Open End Mortgage
Source: Public Records

Similar Property in Rochelle, IL

  • 1091 S 7th St, Rochelle, IL 61068

    $250,000

    • Land
    • 2.22 Acres
    • $112,613 per Acre
    • 1091 S 7th St
    • Rochelle, IL

    Excellent location! This 2.22 acre vacant parcel is situated on Route 251. IDOT reports 5,800 vehicles per day past this property. Within the corporate limits of Rochelle the site provides an opportunity for development. With approximately 325' of frontage on Rt 251, this site lends itself to a unique development opportunity. Property is currently zoned commercial highway in the city of Rochelle.

    Samantha Vazzano Berkshire Hathaway HomeServices Starck Real Estate

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 11776038

Midwest Real Estate Data (MRED)

APN: 24-25-154-008