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Renovated Mixed-Use Building
For Sale
$695,000

420 E State St, Rockford, IL 61104

Three-level property combines commercial areas, a residential apartment, elevator access, and a front outdoor seating area.

Property Size10,080 SF
Price / SF$68.95
Days on Market111

Property Features for 420 E State St

General Information

Standard status Active
Size 10,080 SF
Class B
Total Parking Spaces 2
Property subtype Retail
Zoning C4

Amenities

outdoor seating

Building Details

Building Size 10,080 SF
Year Built 1879
Year Renovated 2006
Buildings 1
Stories 3
Tenancy Multiple Tenants
Listing Agency: Dickerson & Nieman Realtors
Listed By: Tracy Eastman
Source: Cpix.resimplifi
Added: May 12 Changed: Aug 30 Last Checked: Aug 30 at 1:31PM

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 Realtors

Investment Insights

Based on property information with market context.

This mixed-use building contains commercial space on the first and lower levels, along with a residential apartment on the second floor. An elevator provides access throughout the three-level layout. The second-floor residence includes two bedrooms, while the lower level is configured as an art gallery. The first floor is currently vacant and includes an outdoor seating area enclosed by a metal railing at the front of the building.

The property is located in downtown Rockford and is zoned C4. Originally built in 1879, the building underwent a complete renovation in 2006. Its combination of commercial, residential, and gallery areas creates a varied existing configuration within one property.

Key Highlights

  • Mixed‑use configuration with commercial areas on the first and lower levels
  • Two‑bedroom residential apartment on the second floor
  • Elevator provides access to all 3 levels

Property Analytics

Current Use

Rockford Area Crimestoppers Charitable Organization US Drug Enforcement ... Government Office Nails by Kait Nail Salon Kuma's Asian Bistro Restaurant

Suggested Use

Top Pick Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store Auto Parts Store Home Appliance Store Catering Service

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

1,656
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 49% Shops & Services 41% Dining 10%
Embassy Suites by Hilton Rockford Riverfront Hotels & Casinos
10,939 visits/mo 0.3 miles
Mobil Shops & Services
3,219 visits/mo 0.3 miles
PNC Bank Shops & Services
2,990 visits/mo 0.2 miles
Jimmy John's Dining
2,200 visits/mo 0.4 miles
Associated Bank Shops & Services
2,020 visits/mo 0.4 miles

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 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?
Mixed-use property - Three-level property combines commercial areas, a residential apartment, elevator access, and a front outdoor seating area.
Where is this mixed-use property located?
The property is located at 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: Mixed‑use configuration with commercial areas on the first and lower levels; Two‑bedroom residential apartment on the second floor; Elevator provides access to all 3 levels
More about this property
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