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Mixed-Use Retail and Residential Building
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418-420 E State St, Rockford, IL 61107

Renovated downtown building features retail on the first and lower levels with elevator access to all floors.

Property Size10,080 SF
Price / SF$68.95
Days on Market163

Property Features for 418-420 E State St

General Information

Standard status Active
Size 10,080 SF
Property subtype RETAIL

Amenities

elevator
outdoor seating

Building Details

Year Renovated 2006
Stories 3
Listing Agency: Dickerson Nieman Commercial
Listed By: Tracy Eastman, CCIM
Source: Moodyscre
Added: Apr 7 Changed: Sep 10 Last Checked: Sep 15 at 9:50AM

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 Dickerson Nieman Commercial

Investment Insights

Based on property information with market context.

This mixed-use building offers commercial space on the first floor and lower level, with residential use on the second floor. All levels are accessible by elevator. The property was completely renovated in 2006 and includes outdoor seating in the front area with metal railing.

Located in downtown Rockford at 418-420 E State St, the building’s commercial space is arranged across three levels totaling 3,360 SF on each level, providing straightforward internal access between floors.

With retail and residential components in one structure and elevator-served circulation throughout, the property supports a convenient live/work style configuration while keeping the ground-level commercial presence in place.

Key Highlights

  • 3,360 SF across all 3 levels with commercial on the first and lower levels and residential on the 2nd floor
  • Elevator provides access to all floors
  • Completely renovated in 2006

Property Analytics

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Current Use

Storefront properties

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.

Location Intelligence

Trade Area within ½ mile

1,875
Businesses Nearby
83k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 64% Dining 22% Hotels & Casinos 13%
McDonald's Dining
16,287 visits/mo 0.5 miles
Embassy Suites by Hilton Rockford Riverfront Hotels & Casinos
10,939 visits/mo 0.4 miles
Dollar Tree Shops & Services
10,437 visits/mo 0.2 miles
Kelley's Market Shops & Services
10,003 visits/mo 0.2 miles
Mobil Shops & Services
9,915 visits/mo 0.2 miles

Demographics for 61107, IL

30,722
Population
13,711
Households
2.2
Avg Household Size
42
Median Age
37%
College-Educated
93%
High-School Grad
14.9 sq mi
ZIP Area
2,062
Density / Sq Mi
$75,492
Median Household Income
$42,494
Median Earnings
$1,053
Median Rent
$165,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Renovated downtown building features retail on the first and lower levels with elevator access to all floors.
Where is this storefront property located?
The property is located at 418-420 E State St Rockford, IL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 3,360 SF across all 3 levels with commercial on the first and lower levels and residential on the 2nd floor; Elevator provides access to all floors; Completely renovated in 2006
(815) 979-4926 Call to check price and availability
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