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    4020 E State St Rockford, IL 61108

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    For Lease
    $6 SF/Yr ($8,152 /Mo)

    16,305 SF available in high-traffic Rockford shopping center.

    Property size:
    16,305 SF
    Lot size:
    3.36 Acres

    Property Features for 4020 E State St

    General Information

    Size
    16,305 SF
    Lot size
    3.36 Acres

    Source: CBRE, INC. Agent Karen Walsh

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rockford Retail Space For Lease

    This 16,305 square feet space is available for lease in a well-known shopping center located in the heart of Rockford's near east side shopping district. The location benefits from high traffic counts on E. State Street. Pylon signage is available. The property features easy, signalized ingress and egress. Current co-tenants include Amazon, Salvation Army, Subway, CSL Plasma, and Illinois Bank and Trust.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    GuardianPoint Insurance LLC Insurance Agency Tikon Commercial Insurance Insurance Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.0352989
    Latitude
    42.2663158

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    FAQs

    What type of property is this?
    Office space - 16,305 SF available in high-traffic Rockford shopping center.
    Where is this office space located?
    The property is located at 4020 E State St Rockford, IL.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - High E. State St. traffic counts; - Well-known shopping center in the heart of Rockford's near east side shopping district; - 16,305 SF available
    (815) 218-3438
    Request Owner's contact information
    4020 E State St Rockford, IL 61108
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    Rockford, IL 61108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4020 E State St Rockford, IL 61108
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