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    4100 State St E Rockford, IL 61102

    For Sale
    $375,000

    Retail property with high visibility and income potential.

    Property size:
    3,980 SF
    Lot size:
    0.80 Acres

    Property Features for 4100 State St E

    General Information

    Size
    3,980 SF
    Lot size
    0.80 Acres

    Source: Dickerson Nieman Commercial Agent George Licari

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

    Overview

    East State Street Investment Opportunity

    This property, located on East State Street, benefits from high visibility and an average daily traffic count of 23,800. It presents a solid long-term investment opportunity with a tenant currently on a month-to-month lease who is interested in signing a new long-term lease. The tenant rent is $3,450 per month. The location is ideal for retail or service businesses. The offering includes an adjacent vacant lot on Lynmar Ct., PIN 12-29-128-007. The property has 3,980 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobility Connection Inc. Elevator Service

    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
    -89.0342875
    Latitude
    42.2654185

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    FAQs

    What type of property is this?
    Retail space - Retail property with high visibility and income potential.
    Where is this retail space located?
    The property is located at 4100 State St E Rockford, IL.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - High-traffic location on East State Street with **23,800 average daily traffic count**.; - **Steady income stream** with current tenant paying $3,450/month.; - Tenant interested in signing a new long-term lease.
    (815) 978-4534
    Request Owner's contact information
    4100 State St E Rockford, IL 61102
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    Rockford, IL 61102
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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
    4100 State St E Rockford, IL 61102
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