Entity Owned Property summary
This exceptional 1-acre retail outlot presents a unique built-to-suit opportunity in a thriving Rockford, Illinois location. Situated on East State Street, this property boasts high traffic counts and excellent visibility within a well-established shopping center in the heart of Rockford's east side shopping district. The site offers convenient access with easy signalized ingress and egress, ensuring optimal customer flow. Pylon signage is available for maximum brand exposure. This property benefits from strong co-tenancy, including the Salvation Army (opening spring 2019), Subway, CSL Plasma, and Illinois Bank and Trust, creating a synergistic retail environment. The asking rental rate is competitive, ranging from $25.00 to $35.00 per square foot, triple net (NNN). This is an ideal location for businesses seeking high visibility and strong foot traffic in a well-established retail corridor. The property is zoned for retail use, making it suitable for a variety of commercial ventures. Don't miss this chance to establish your business in a prime Rockford location. Contact us today to learn more about this exceptional opportunity.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
-
Hair Salon Nail Salon
-
Charitable Organization
-
Medical Clinic
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
21-001-C. C-2, LIMITED COMMERCIAL DISTRICT 1. The purpose of the C-2, Limited Commercial district is to provide a wide range of development options for the retail sale of goods and for professional and commercial service…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C2 · Rockford, IL21-001-C. C-2, LIMITED COMMERCIAL DISTRICT 1. The purpose of the C-2, Limited Commercial district is to provide a wide range of development options for the retail sale of goods and for professional and commercial service…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
21-001-C. C-2, LIMITED COMMERCIAL DISTRICT 1. The purpose of the C-2, Limited Commercial district is to provide a wide range of development options for the retail sale of goods and for professional and commercial service…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2 in Rockford, IL.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
