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Mixed-Use Property with Storefront
For Sale
$219,000

3304 W State Street, Rockford, IL 61102

Residential Income, Rockford, IL

Property SizeContact for details
Days on Market45

Property Features for 3304 W State Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 1, Basement, Bedroom 2, Bathroom 2, Bedroom 5
Parking 5
Basement Full, Unfinished, Storage Space
Elementary school Ellis Arts Academy
Middle school Kennedy Middle School
High school Auburn High School
Elementary school district 205
Middle school district 205
High school district 205
Directions Take US-20 Business (State Street) to Oakwood Avenue. Proceed to 231 Oakwood Ave.
Subdivision Rockford
Standard status Active
APN 1120278007

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1696

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1930
Building materials Aluminum Siding
Listing Agency: RE/MAX Liberty · RE/MAX International
Listed By: Brenda Reyes · License #475197580
Added: Jul 7 Changed: Aug 20 Last Checked: Aug 20 at 11:06PM
MLS# 12697058

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property combines two residential apartments with a commercial storefront. Each apartment contains three bedrooms and one bathroom. The primary apartment has an open layout, a remodeled kitchen, luxury vinyl plank flooring, fresh paint, and electrical improvements. A full basement provides additional storage and utility space.

The storefront fronts West State Street in Rockford, offering exposure along a heavily traveled corridor for retail, office, or service uses. An additional lot provides off-street parking for residents and commercial visitors. The property was built in 1930 and features aluminum siding, natural-gas heating, public water, and public sewer.

Key Highlights

  • Two 3‑bedroom, 1‑bath residential apartments
  • Commercial storefront on West State Street in Rockford
  • Primary apartment updated with open layout, kitchen, LVP flooring, paint, and electrical work

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Spa & Massage Center Hair Salon Building Supply Nail Salon Dental Office Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

153
Businesses Nearby

Demographics for 61102, IL

17,281
Population
7,386
Households
2.3
Avg Household Size
36
Median Age
8%
College-Educated
78%
High-School Grad
34.1 sq mi
ZIP Area
507
Density / Sq Mi
$42,506
Median Household Income
$28,790
Median Earnings
$850
Median Rent
$95,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two residential apartments accompany a commercial storefront with basement storage and off-street parking.
Where is this mixed-use property located?
The property is located at 3304 W State Street Rockford, IL.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Two 3‑bedroom, 1‑bath residential apartments; Commercial storefront on West State Street in Rockford; Primary apartment updated with open layout, kitchen, LVP flooring, paint, and electrical work
More about this property
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