7th St / E Jefferson St median real estate price is $81,384, which is less expensive than 89.5% of Illinois neighborhoods and 90.2% of all U.S. neighborhoods.
The average rental price in 7th St / E Jefferson St is currently $527, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.8% of Illinois neighborhoods.
7th St / E Jefferson St is a suburban neighborhood (based on population density) located in Rockford, Illinois.
7th St / E Jefferson St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the 7th St / E Jefferson St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in 7th St / E Jefferson St. The current real estate vacancy rate here is 25.3%. This is higher than the rate of vacancies in 91.2% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.