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    1006 E State St Rockford, IL 61104

    For Sale
    $179,900

    Two-unit retail building with good traffic flow for sale.

    Property size:
    1,180 SF
    Lot size:
    0.03 Acres

    Property Features for 1006 E State St

    General Information

    Size
    1,180 SF
    Lot size
    0.03 Acres

    Source: Keller Williams Realty Signature LP Agent Kenneth L Redeker

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

    Overview

    Retail Property in High-Traffic Location

    This property features a building with two units, with one unit slightly larger at 1008 square feet. The location benefits from good traffic flow. The building is designed for straightforward build-out to suit specific needs. The property has individual electric service. Gas, water, and sewer services are combined on one meter. The property is equipped with two HVAC systems, one of which requires service or replacement.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    EETE Chimney & Cleaning ... Insulation Materials Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.0814064
    Latitude
    42.2670838

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    FAQs

    What type of property is this?
    Retail space - Two-unit retail building with good traffic flow for sale.
    Where is this retail space located?
    The property is located at 1006 E State St Rockford, IL.
    What is the asking price?
    The asking price for this property is $179,900.
    What are key features of this property?
    This property features: - Great location with good traffic flow.; - Solid, straightforward building.; - Two separate units.
    (513) 512-5733
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    1006 E State St Rockford, IL 61104
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    Rockford, IL 61104
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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
    1006 E State St Rockford, IL 61104
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