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Retail Space with Exposed Brick
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418-420 E State St, Rockford, IL 61107

Flexible first-floor commercial space suited to retail, showroom, studio, or creative office use.

Space Size2,500 SF
Days on Market253

Property Features for 418-420 E State St

General Information

Standard status Active
Size 2,500 SF
Net Rentable 2,500 SF
Property subtype RETAIL
Lease Type Gross

Space & Availability

Available Space 2,500 SF
Contiguous Space 2,500 SF
Floor Ground

Amenities

two restrooms
high ceilings
open-deck ceiling with modern drop lighting
exposed brick walls
open, flexible floor plan

Spaces For Lease

at 418-420 E State St
420 E State Street $12/SF/Yr
Floor 1st
Size 2,500 SF
Type RETAIL
Lease Type GROSS
Availability AVAILABLE, Completion
2,500 SF First-Floor Retail or Office Space - Character-Rich Downtown Building. Currently a barbershop vacating the end of May. Formerly Kuma's Restaurant prior to that. This features exposed brick walls, high ceilings, and an open-deck ceiling with modern drop lighting, creating a warm, contemporary environment suited for boutique retail, showroom, studio, or creative office use. *Two restrooms *Open, flexible floor plan *Great location across from City Hall
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Listing Agency: Dickerson Nieman Commercial
Listed By: Tracy Eastman, CCIM
Source: Moodyscre
Added: Feb 5 Changed: Sep 14 Last Checked: Oct 14 at 11:24PM

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

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Investment Insights

Based on property information with market context.

Located at 418-420 E State St in Rockford, this 2,500 SF first-floor retail space offers an open layout with exposed brick walls, high ceilings, and an open-deck ceiling complemented by modern drop lighting. The configuration supports a range of retail, showroom, studio, and creative office concepts, with two restrooms included.

The space is in a downtown building across from City Hall. The existing barbershop is scheduled to vacate at the end of May, creating an opportunity for a new commercial occupant to establish its own layout and presentation within the existing character-rich interior.

Key Highlights

  • 2,500 SF first‑floor retail or office space
  • Exposed brick walls and high ceilings
  • Open‑deck ceiling with modern drop lighting

Property Analytics

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Current Use

Retail space

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

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,875
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Flexible first-floor commercial space suited to retail, showroom, studio, or creative office use.
Where is this retail space located?
The property is located at 418-420 E State St Rockford, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 2,500 SF first‑floor retail or office space; Exposed brick walls and high ceilings; Open‑deck ceiling with modern drop lighting
(815) 979-4926 Call to check price and availability
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