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Freestanding Building Near Rockford University
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5011 E State St, Rockford, IL 61108

Two-tenant building with high visibility and traffic.

Days on Market2139

Property Features for 5011 E State St

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 1988
Listing Agency: First Midwest Group
Listed By: Bharat Puri · License #IL
Source: Crexi
Added: Sep 21, 2020 Changed: Jul 6 Last Checked: Jul 30 at 4:23AM

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 First Midwest Group

Investment Insights

Based on property information with market context.

This is a single-story, freestanding building designed for two tenants. It is situated approximately 3 miles from Interstate 90. The property benefits from a high-traffic location, with over 28,000 vehicles per day passing through the intersection of State Street and Mulford Road. The building is located next to Rockford University, providing superior visibility along a heavily trafficked street in the Rockford area. Nearby businesses include McDonald’s, First Community Credit Union, Sherwin-Williams Paint Store, NAPA Auto Parts, Aerotek, and Goodwill. This property is suitable for retail or commercial use.

Key Highlights

  • High traffic location: Over 28,000 vehicles per day.
  • Superior visibility on State Street.
  • Freestanding building.

Property Analytics

Current Use

EZPAWN Discount Store Easy Cash Solutions Loan Service

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Grocery & Convenience Store Storage Facility Catering Service (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,169
Businesses Nearby
1.1M
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 28% Shops & Services 21% Dining 20% Superstores 13%
Target Superstores
143,239 visits/mo 0.4 miles
Kohl's Apparel
73,997 visits/mo 0.2 miles
Schnucks Groceries
52,773 visits/mo 0.3 miles
Portillo's Dining
52,017 visits/mo 0.1 miles
Dollar Tree Shops & Services
50,915 visits/mo 0.3 miles

Demographics for 61108, IL

29,660
Population
12,650
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
10.9 sq mi
ZIP Area
2,721
Density / Sq Mi
$63,046
Median Household Income
$34,856
Median Earnings
$986
Median Rent
$128,300
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
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Frequently Asked Questions

What type of property is this?
Retail space - Two-tenant building with high visibility and traffic.
Where is this retail space located?
The property is located at 5011 E State St Rockford, IL.
What are key features of this property?
This property features: High traffic location: Over 28,000 vehicles per day.; Superior visibility on State Street.; Freestanding building.
More about this property
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