Downtown Rockford Mixed-Use
308-310 E State Street, Rockford, IL 61104
- Added:
- Mar 13, 2026
- Days on Market:
- 78
- Last Refresh:
- May 29 at 2:06 pm
Property Features for 308-310 E State Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bathroom 3, Bedroom 1
- Standard status
- Pending
- APN
- 1123382019
- Size
- 4,200 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- ASSRS PLAY BLK 16 EAST RKFD OT 015 BLOCK 016
- Tax Annual Amount
- 4811
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1879
- Floors in Building
- 2
- Number of units
- 3
- Roof type
- Shingle
Listing agent Jorge DaSilva License #475181452 (815) 979-7559
Listing office Key Realty, Inc 6755 Weaver Rd. Suite B, Rockford, IL (815) 713-1100
Listing date Mar 13, 2026
MLS# 202601383
Listing URL
Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location on highly visible East State Street in Downtown Rockford.
- Stable rental income from Jimmy John's, a nationally recognized brand.
- Value‑add opportunity with two second‑floor apartment units ready for renovation.
- Convenient public parking lot located next to and behind the building.
- High ceilings, skylights, and abundant natural light in the apartment units.
- Located in a revitalizing city center surrounded by restaurants, shops, and entertainment.
Overview
Located in Downtown Rockford on East State Street, this two-story mixed-use building offers immediate income and upside potential. The building has approximately 3,600+ square feet. The main floor is leased to Jimmy John's, providing rental income and foot traffic. The second floor features two apartment units ready for renovation, presenting a value-add opportunity. These units feature high ceilings, skylights, and natural light, with the potential to be transformed into loft-style apartments. A public parking lot is located next to and behind the building, offering access for commercial customers and future residential tenants. The property is surrounded by restaurants, shops, entertainment venues, and downtown development. This property offers potential for investors looking for income with upside or developers seeking a downtown mixed-use project.
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -89.0771429
- Latitude
- 42.2547477
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with commercial tenant and residential upside.
Where is this mixed-use property located?
The property is located at 308-310 E State Street Rockford, IL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Prime location on highly visible East State Street in Downtown Rockford.; Stable rental income from Jimmy John's, a nationally recognized brand.; Value‑add opportunity with two second‑floor apartment units ready for renovation.
