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Historic Mixed-Use Office Building
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99 East State St, Rockford, IL 61104

Architecturally notable nine-story building with office and industrial space and prominent river-and-city views.

Property Size170,000 SF
Days on Market122

Property Features for 99 East State St

General Information

Standard status Active
Size 170,000 SF
Total Parking Spaces 196
Property subtype Retail, Office

Building Details

Stories 9
Listing Agency: CBRE
Listed By: Karen Walsh · License #IL 471015351
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 5:00PM

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 CBRE

Investment Insights

Based on property information with market context.

This architecturally rich, landmark building offers a combination of office and industrial space within a nine-story tower and overall 170,000 SF structure. The property includes continuing lease arrangements, with potential for a 5,000 SF office lease with RRStar (Gannet), along with an ongoing lease in place with Rock Valley College. The building is listed on the National Register of Historic Places and is described as providing unique river views, along with panoramic views from the tower.

Located in the heart of Rockford’s Downtown Entertainment and Arts District, the site is designed to support tenant parking needs, with 100 surface parking spaces on site. The owner also notes potential for underground parking below the north end of the building, plus an additional 96 (approximate) spaces in a nearby owned lot.

The combination of office and industrial components creates multiple redevelopment paths while maintaining its prominent downtown presence.

Key Highlights

  • Architecturally notable 9‑story building totaling 170,000 SF with a mix of office and industrial space
  • Prominent landmark in Rockford’s Downtown Entertainment and Arts District with river views and panoramic views from the 9‑story tower
  • On‑site parking includes 100 surface spaces plus potential underground parking below the north end of the building

Property Analytics

Current Use

Rock Valley College ... College Iconic Energy EV Electrical Service River View Printing Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Storage Facility Big Box & Wholesale Store Electrical Service Garden Center

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

1,748
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61104, IL

17,354
Population
9,253
Households
1.9
Avg Household Size
32
Median Age
9%
College-Educated
75%
High-School Grad
4.5 sq mi
ZIP Area
3,856
Density / Sq Mi
$32,161
Median Household Income
$26,277
Median Earnings
$854
Median Rent
$83,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Similar Off Market Nearby

  • T&C Cooking Creation’s Rockford IL 307 S Main St, Rockford, IL 61101

Frequently Asked Questions

What type of property is this?
Flex space - Architecturally notable nine-story building with office and industrial space and prominent river-and-city views.
Where is this flex space located?
The property is located at 99 East State St Rockford, IL.
What are key features of this property?
This property features: Architecturally notable 9‑story building totaling 170,000 SF with a mix of office and industrial space; Prominent landmark in Rockford’s Downtown Entertainment and Arts District with river views and panoramic views from the 9‑story tower; On‑site parking includes 100 surface spaces plus potential underground parking below the north end of the building
(815) 218-3438 Call to check price and availability
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