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Turnkey Bar & Grill Opportunity
For Lease
Contact for pricing

5880 E State St, Rockford, IL

Fully equipped bar and grill available for lease assignment.

Space Size1,000 SF - 19,375 SF
Lot Size13.82 Acres
Days on Market277

Property Features for 5880 E State St

General Information

Standard status Active
Size 1,000 SF - 19,375 SF
Lot size 13.82 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 5880 E State St Contact us

5880 E State St

Floor
1
Size
1,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 214,000 SF Grocery-Anchored Shopping Center - Rockford’s Busiest Retail Corridor -...
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5880 E State St

Floor
1
Size
1,628 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 214,000 SF Grocery-Anchored Shopping Center - Rockford’s Busiest Retail Corridor -...
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Contact us

5880 E State St

Floor
1
Size
19,375 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 214,000 SF Grocery-Anchored Shopping Center - Rockford’s Busiest Retail Corridor -...
show more
Contact us

5880 E State St

Floor
1
Size
2,218 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 214,000 SF Grocery-Anchored Shopping Center - Rockford’s Busiest Retail Corridor -...
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Contact us

5880 E State St

Floor
1
Size
5,511 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 214,000 SF Grocery-Anchored Shopping Center - Rockford’s Busiest Retail Corridor -...
show more
Contact us

NEW LOWER PRICE! Oscar's Bar and Grill for Sale $19.90/SF/Yr

Size
5,551 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Sublease
Yes
FOR SALE – Turnkey Bar & Grill Opportunity! Oscar’s Bar & Grill – Available...
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Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Brendan Reedy
Source: Moodyscre
Added: Nov 23, 2025 Changed: Aug 9 Last Checked: Aug 26 at 3:54PM

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 Mid-America Real Estate Group | Chicago

Investment Insights

Based on property information with market context.

A turnkey bar and grill opportunity is available under a lease assignment agreement. Known as Oscar’s Bar & Grill, this local establishment features a fully equipped commercial kitchen with all fixtures, fittings, and appliances included. The property includes a licensed gaming area with video gaming machines for additional revenue. A full-service bar is present, complete with taps, coolers, and a POS system. The spacious dining and lounge area is equipped with TVs and a sound system. The property, with a size of 5,551 square feet, benefits from an established clientele and a local reputation. It offers excellent visibility and parking. This is a chance to take over a fully functional bar and grill.

Key Highlights

  • Turnkey bar and grill opportunity with immediate operational readiness.
  • Lease assignment provides an affordable entry point compared to starting from scratch.
  • Fully equipped commercial kitchen, bar, and dining area included in the sale.

Property Analytics

Current Use

Valli Produce Food Market Fajitas Factory Restaurant BMO - ATM Atm Vigo Bank

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Parking Lot & Garage Storage Facility HVAC Service Grocery & Convenience 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
$2.99 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,770
Businesses Nearby
623k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 32% Shops & Services 30% Dining 30% Beauty & Spa 5%
Kohl's Apparel
73,997 visits/mo 0.4 miles
Portillo's Dining
52,017 visits/mo 0.2 miles
Dollar Tree Shops & Services
50,915 visits/mo 0.4 miles
Marshalls Apparel
49,129 visits/mo 0.4 miles
Michaels Shops & Services
29,756 visits/mo 0.5 miles

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Village Wine Bar 5613 E State St, Rockford, IL 61108
  • Chavez Mexican Restaurante 5494 E State St, Rockford, IL 61108
  • Stone Eagle Tavern 6445 E State St, Rockford, IL 61108
  • Olive Garden Italian Restaurant 6367 E State St, Rockford, IL 61108
  • Secrets of Rockford 280 N Phelps Ave #4, Rockford, IL 61108

Frequently Asked Questions

What type of property is this?
Bar & Pub - Fully equipped bar and grill available for lease assignment.
Where is this bar & pub located?
The property is located at 5880 E State St Rockford, IL.
What is the lease rate?
The lease rate is $19.90 SF/Yr.
What are key features of this property?
This property features: Turnkey bar and grill opportunity with immediate operational readiness.; Lease assignment provides an affordable entry point compared to starting from scratch.; Fully equipped commercial kitchen, bar, and dining area included in the sale.
(630) 954-7390 Call to check price and availability
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