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1821 7th Street

1821 7th Street, Rockford, IL 61104
Multifamily in Midtown
1 Units For Sale
Unit for sale at 1821 7th, ROCKFORD, IL 61104

$74,900 ↓ $100

  • Studio
  • 2,560 ft²
1821 7th, ROCKFORD, IL 61104 Listing by Kathy Ullrich

Local assessors in Rockford, IL have categorized 1821 7th Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 7,841 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1821 7th Street has a total of 2,560 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,280 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 288 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1821 7th Street sold most recently in Sep 18, 2023 for a total of $52,500. If you work out the math, that's approximately a cost of $13.67 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 1821 7th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $17,401. If we break it down further, the land itself was valued at $2,171. Improvements to the property, however, were assessed at a total of $15,230. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

Building Features

Exterior

Brick Exterior
Stone Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 2
  • Floor Cover: Wood
  • Basement Type: Full basement
  • Basement Area: 1,280
  • Parking Type: Attached
  • Garage Type: Detached
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 3,840
  • Gross Building Area: 3,840
  • Building Area: 2,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THOMPSONS RE SUB
  • Land Acres: 0.18
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: THOMPSONS RE SUB OF PT BLK 10 OF SO PKSUB OF A PT OF NE 1/4 SEC 35-44-1 E OF 3RD P M LOT 005 BLOCK 010

Ownership

  • Current Owner : ILLINOIS RENTALS LLC
  • Previous Owner : TITUS TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 001800

Zoning

  • Zoning: R2

Geography

  • Parcel: 11-35-276-019
  • Block: 10
  • Lot: 5
  • Meridian: SEC 35 TWN 44 RANGE 1
  • Municipality: ROCKFORD
  • Latitude: 42.2482
  • Longitude: -89.0813

    Address

  • Full Address: 1821 7th St
  • Address - House Number: 1821
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Rockford
  • Carrier Code: C025
  • 4-Digit Zip Code: 5312
  • Zip Code: 61104

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2594
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 89,395
  • High Value: 112,588
  • Low Value: 66,202

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: CHAKKA SUDHEER
  • First Open Lien Mortgage Recording Date: Sep 20, 2023
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 5
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Mar 18, 2024
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $52,203
  • Market Land Value: $6,513
  • Market Improvement Value: $45,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,401
  • Assessed Land Value: $2,171
  • Assessed Improvements Value: $15,230

    Sales

  • Current Sale Contract Date: Sep 18, 2023
  • Current Sale Recording Date: Sep 20, 2023
  • Current Sale Transaction ID: 11913606466
  • Current Sale Price: $52,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 21929

    Last Sale Mortgage

  • First Mortgage Lender: CHAKKA SUDHEER
  • First Mortgage Transaction Date: Sep 20, 2023
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 5
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Mar 18, 2024

About Southeast



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1821 7th Street located in?
The 1821 7th Street is a multifamily located in the neighborhood of Midtown in Southeast, Rockford.
How many listings are currently for sale in 1821 7th Street?
There is one unit for sale right now.
What is the average sales price for listings in 1821 7th Street?
The average sales price for units in 1821 7th Street is $74,900 , or $29/sqft. currently.

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