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    5439-5505 State St Rockford, IL 61108

    Sponsored
    For Lease
    Contact for pricing

    Rockford, IL storefront space available

    Lot size:
    101,566 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail property, located at 5439-5505 E State Street in Rockford, Illinois, offers a prime opportunity for businesses seeking high visibility and accessibility. The single-story building, constructed in 1986, boasts a total of 101,566 square feet, with 28,400 square feet currently vacant. Units range from a minimum of 12,230 square feet to a maximum contiguous space of 16,170 square feet, making it suitable for a variety of retail, restaurant, or office uses. The property sits on a 7.7-acre lot and provides ample parking with 300 spaces. Its location on Rockford's main shopping corridor ensures high traffic counts and excellent visibility, enhanced by prominent State Street frontage and signage opportunities. The property benefits from its proximity to established businesses such as Guitar Center, Tricoci University, and Walgreens. The building is zoned commercial and is situated in Winnebago County, offering easy access to major transportation routes. This location provides access to a large consumer base, given Rockford's position as a regional hub with a strong economy and diverse cultural attractions. The property's size and flexibility make it an ideal investment for businesses seeking to establish or expand their presence in a thriving market. The available space presents a unique opportunity to capitalize on the high traffic volume and strong local economy.

    Property Features for 5439-5505 State St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    101,566 SF

    Building Details

    Year Built
    1986
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 5501 & 5509
    Size
    36,170 SF

    HighLights

    • 101,566 SF retail building on 7.7 acres in Rockford, IL.
    • 28,400 SF of vacant space available, with units ranging from 12,230 SF to 16,170 SF contiguous.
    • High‑visibility location on E State Street with 300 parking spaces.
    • Located on Rockford's main shopping corridor, near Guitar Center, Tricoci University, and Walgreens.
    • Zoned commercial in Winnebago County with easy access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.009942662086
    Latitude
    42.264792398303

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    FAQs

    What type of property is this?
    Individual retail property - Rockford, IL storefront space available
    Where is this individual retail property located?
    The property is located at 5439-5505 State St Rockford, IL.
    What are key features of this property?
    This property features: 101,566 SF retail building on 7.7 acres in Rockford, IL.; 28,400 SF of vacant space available, with units ranging from 12,230 SF to 16,170 SF contiguous.; High-visibility location on E State Street with 300 parking spaces.
    Request Owner's contact information
    5439-5505 State St Rockford, IL 61108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5439-5505 State St Rockford, IL 61108
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