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Mixed-Use Building with Storefronts
For Sale
Contact for pricing
Pending

2314 Charles Street, Rockford, IL 61104

Property combines retail space, apartments, off-street parking, and a storage garage across two parcels.

Property Size8,040 SF
Days on Market461

Property Features for 2314 Charles Street

General Information

Standard status Pending
Size 8,040 SF
Property subtype Mixed Use
Zoning COMMR
Net Operating Income $43,413

Additional Details

Pylon Signage Yes
Multifamily Units 3

Amenities

off street parking

Building Details

Year Built 1927
Stories 2
Units 5
Tenancy Multi
Listing Agency: Key Realty Inc
Listed By: Kathy Ullrich · License #IL 475.136387
Source: Crexi
Added: May 29, 2025 Changed: Aug 29 Last Checked: Aug 31 at 11:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Key Realty Inc

Investment Insights

Based on property information with market context.

Built in 1927, this 8,040-square-foot mixed-use property includes two storefronts and three apartments. One storefront is occupied by the owner and is expected to become available, while the apartments are supported by long-term tenancy. The property also includes off-street parking and a pylon sign with a current lease to Neighborhood Building.

The offering spans two parcels, identified as 1125279014 and 1125279010. A garage on the second parcel is leased for storage, adding a separate income-producing component to the property. Zoning is designated COMMR.

Key Highlights

  • 8,040‑square‑foot mixed‑use building constructed in 1927
  • Two storefronts and three apartments
  • Two parcels: 1125279014 and 1125279010

Property Analytics

Current Use

US Waterproofing Co Hardware & Home Improvement Tarot By Julia Spiritual Center

Suggested Use

Top Pick Real Estate Agency HVAC Service Law Firm Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

496
Businesses Nearby

Demographics for 61104, IL

17,354
Population
9,253
Households
1.9
Avg Household Size
32
Median Age
9%
College-Educated
75%
High-School Grad
4.5 sq mi
ZIP Area
3,856
Density / Sq Mi
$32,161
Median Household Income
$26,277
Median Earnings
$854
Median Rent
$83,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Property combines retail space, apartments, off-street parking, and a storage garage across two parcels.
Where is this mixed-use property located?
The property is located at 2314 Charles Street Rockford, IL.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: 8,040‑square‑foot mixed‑use building constructed in 1927; Two storefronts and three apartments; Two parcels: 1125279014 and 1125279010
(815) 713-1100 Call to check price and availability
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