Search
Historic Downtown Mixed-Use Building
New
For Sale
$720,000

402 E State St, Rockford, IL 61104

Three-story, elevator-served property with retail, creative, office, and residential configuration.

Property Size12,000 SF
Price / SF$60
Days on Market1

Property Features for 402 E State St

General Information

Standard status Active
Size 12,000 SF
Zoning C-4

Building Details

Year Built 1901
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: @properties Commercial
Listed By: Dakota Nilson · License #IL475193738
Source: Liveliferealty
Added: Sep 10 Last Checked: Sep 10 at 2:49PM

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 @properties Commercial

Investment Insights

Based on property information with market context.

Built in 1901, this three-story mixed-use building provides approximately 12,000 SF above grade along with a 4,000 SF basement. An elevator serves the building, and the current layout includes retail and screen-printing operations on the first and second floors with residential occupancy on the third floor. The property is occupied by long-term local tenants under month-to-month agreements.

Recent improvements include a sealed roof, upgraded gas and electrical infrastructure, 3-phase electrical service, and separate gas meters for each floor. Zoned C-4 Downtown Commercial, the building supports retail, office, creative, and mixed-use applications. Positioned on East State Street in downtown Rockford, the property is near restaurants, retail, entertainment venues, and major employers, with walkable surroundings and visibility along the street.

Key Highlights

  • Approximately 12,000 SF above grade plus a 4,000 SF basement
  • Three‑story building constructed in 1901 with elevator service
  • First and second floors occupied by Rockford Art Deli

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Rockford Art Deli Clothing & Fashion Store Pirate Ninja Print ... Marketing & Advertising Stay Rad Clothing Store Car's Cash For Junk ... Discount Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store Plumbing Service Acupuncture Butcher

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,875
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story, elevator-served property with retail, creative, office, and residential configuration.
Where is this mixed-use property located?
The property is located at 402 E State St Rockford, IL.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Approximately 12,000 SF above grade plus a 4,000 SF basement; Three‑story building constructed in 1901 with elevator service; First and second floors occupied by Rockford Art Deli
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message