7340 E State St, Rockford, IL 61108 Property Records

Winnebago County property record for 7340 E State St, Rockford, IL 61108

Property Summary

Property TypeCommercial
Details40,731 sqft · built 1995
OwnerCompany Name on Record
Tax Bill$72,014 (2025)
Deeds & MortgagesOct 2021 Mortgage
Flood ZoneZone X (minimal risk)
APN1223376022

Property Details

APN / Parcel Number

Primary APN1223376022

Interior

Stories1 Story
Building Area40,731 sqft Gross Area
1st Floor Area40,731 sqft
Fire SprinklersFire Sprinklers

Exterior

Year BuiltBuilt 1995
Effective Year BuiltEffective 1995
Construction TypeFrame
View / LotTraffic

Utilities, Heating & Cooling

Cooling SystemWindow A/C
Heating SystemHVAC
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address7340 E STATE ST
CityROCKFORD
StateIL
Zip61108-2614
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeC2
Legal DescriptionD & R 1 FAMILY LIMITED PARTNERSHIP PLAT PT SW1/4 SEC 23-44-2 LT 1
Legal Range2
Legal Township44
Legal Section23
Legal SubdivisionD & R 1 FAMILY LIMITED PARTNERSHIP PLAT
Legal Lot Number1
JurisdictionWINNEBAGO IL
Township / Civil DivisionROCKFORD
Census Block Group3
Census Block3022
Census Tract512

Owner

Source: Winnebago County records, as of July 28, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on Record
Mailing Address3100 DUNDEE RD, 308, NORTHBROOK, IL 60062-2459
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedSep 20, 2026

October 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWINNEBAGO IL
Property Address7340 E STATE ST, ROCKFORD, IL 61108-2614
Transaction TypeMortgage
Record UpdatedNov 3, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000035466
DateOct 4, 2021
Instrument2135466
Lender
NameCIBM BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

Source: Winnebago County assessment roll, as of July 28, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyWinnebago County
County SubdivisionRockford Township
MunicipalityRockford City
Unified School DistrictRockford School District 205 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$72,014.00$815,662 (+11.24%) Land $405,195 Building $410,467$2,446,986 (+11.24%) Land $1,215,585 Building $1,231,401
2022$733,260 Land $286,589 Building $446,671$2,199,780 Land $859,767 Building $1,340,013

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective July 12, 2023 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies1 in force
Nearby Flood Claims1 (1979)
Most Recent ClaimMar 1979 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemROCKFORD
serves 147,051 people · EPA ID IL2010300
Water SourceGroundwater
Last State InspectionJan 2024
Lead10 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting9
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 106 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250

May also be available: Verizon.

Nearby Properties on E State St

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