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6200 Material Avenue

6200 Material Avenue, Loves Park, IL 61111
Property in Rockford
Local assessors in Loves Park, IL have categorized 6200 Material Avenue as a industrial type of property. The home was built in 1961 and is 63 years old. The property's lot size has been calculated to be 22,898 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 6200 Material Avenue has a total of 6,264 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 frame control joints. Lots of concrete block were used in the construction of the exterior walls of the home. Residents rely on no 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, 6200 Material Avenue sold most recently in May 28, 2021 for a total of $135,000. If you work out the math, that's approximately a cost of $21.55 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 $4,196 in taxes each year. 6200 Material Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $42,699. If we break it down further, the land itself was valued at $15,162. Improvements to the property, however, were assessed at a total of $27,537. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

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: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Fair
  • Construction Type: Frame
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,898
  • Total Building Area: 6,264
  • Gross Building Area: 6,264
  • Building Area: 6,264
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 6,264
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Industrial
  • Subdivision: LARSONS INDUSTRIAL TR SUB
  • Land Acres: 0.526
  • Standard Land Use Code: Industrial (general)
  • Legal Description 1: LARSONS INDUSTRIAL TR SUB PT NW1/4 SEC5-44-2 BEGN SW COR TH SE ALG S LN 260.94FT TH N95FT ALNG E LN TH NWLY 259.54FT TO PT ON W LN 80FT N OF POB TH S O

Ownership

  • Current Owner : STOWRB LLC
  • Previous Owner : JTG PROPERTIES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Harlem Unit School District 122
  • Census Tract: 000200

Zoning

  • Zoning: IL

Geography

  • Account Number: 149B037
  • District: 16
  • Subdivision Tract Number: I
  • Parcel: 12-05-101-007
  • Lot: I
  • Municipality: ROCKFORD
  • Latitude: 42.3211
  • Longitude: -89.0385

    Address

  • Full Address: 6200 Material Ave
  • Address - House Number: 6200
  • Address - Street Name: Material
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Loves Park
  • Carrier Code: C008
  • 4-Digit Zip Code: 4244
  • Zip Code: 61111

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,196
  • Tax Rate Code Area: 002

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $192,000
  • First Open Lien Mortgage Lender: ILLINOIS BANK & TRUST
  • First Open Lien Mortgage Recording Date: Jun 07, 2021
  • First Open Lien Mortgage Loan Amount: $192,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 28, 2026

    Market Valuation

  • Market Total Value: $128,097
  • Market Land Value: $45,486
  • Market Improvement Value: $82,611

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,699
  • Assessed Land Value: $15,162
  • Assessed Improvements Value: $27,537

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Transaction ID: 11840946476
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19675

    Last Sale Mortgage

  • First Mortgage Lender: ILLINOIS BANK & TRUST
  • First Mortgage Transaction Date: Jun 07, 2021
  • First Mortgage Loan Amount: $192,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 28, 2026

About Loves Park



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Unit for rent at 3121 Carefree Drive, Rockford, IL, 61114

$2,800 /mo

  • 4 Beds
  • 2.5 Baths
  • 3,000 ft²
3121 Carefree Drive, Rockford, IL, 61114 Listing by Angel Navarro

Frequently Asked Questions

What neighborhood is 6200 Material Avenue located in?
The 6200 Material Avenue is a located in the neighborhood of Rockford in Loves Park, Loves Park.
What is the average sales price for listings in 6200 Material Avenue?
The average sales price for units in 6200 Material Avenue is $0 currently.

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