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West State Investment Opportunity
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4201-4205 W State St, Rockford, IL 61102

Three-unit property with potential for grocery/liquor store or laundromat.

Property Size9,337 SF
Price / SF$74.97
Days on Market165

Property Features for 4201-4205 W State St

General Information

Standard status Active
Size 9,337 SF
Class A
Property subtype Retail
Net Operating Income $56,464

Building Details

Year Built 2006
Buildings 1
Stories 1
Units 3
Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Listed By: Kevin Horstman · License #471.019313
Source: Crexi
Added: Feb 27 Changed: Aug 9 Last Checked: Aug 9 at 9:13AM

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 Berkshire Hathaway HomeServices Crosby Starck Real Estate

Investment Insights

Based on property information with market context.

This property on West State presents an investment opportunity. The property features three units, with two currently occupied and one vacant. Equipment associated with grocery and liquor stores is included, as well as laundry equipment typically found in laundromats. This equipment will be transferred with the property.

Key Highlights

  • Investment property with 3 units
  • Two units are currently occupied, providing immediate income
  • One unit is vacant, offering immediate upside potential

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Hair Salon Spa & Massage Center Parking Lot & Garage Big Box & Wholesale Store Skin Care Clinic Dental Office

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

154
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 86% Dining 14%
Mobil Shops & Services
10,803 visits/mo 0.5 miles
Citgo Shops & Services
5,164 visits/mo 0.3 miles
SUBWAY Dining
2,557 visits/mo 0.5 miles
Carstar Team Jc Auto Rebuilders Shops & Services
282 visits/mo 0.1 miles

Demographics for 61102, IL

17,281
Population
7,386
Households
2.3
Avg Household Size
36
Median Age
8%
College-Educated
78%
High-School Grad
34.1 sq mi
ZIP Area
507
Density / Sq Mi
$42,506
Median Household Income
$28,790
Median Earnings
$850
Median Rent
$95,300
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
Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Three-unit property with potential for grocery/liquor store or laundromat.
Where is this grocery and convenience store located?
The property is located at 4201-4205 W State St Rockford, IL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Investment property with 3 units; Two units are currently occupied, providing immediate income; One unit is vacant, offering immediate upside potential
(815) 990-6844 Call to check price and availability
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