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Property profile & analytics

1201 State St Rockford, IL 61104

  • Commercial real estate
  • 14,410 SF
  • 1.91 lot acres
Value Estimations
$255,000
Cap Rate Potential
Location Intelligence
Property ID
US28-0823629
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Walgreens Photo / Passport Photo Processor / Photo Lab
  • Redbox / Movie Rental Kiosk / Dvd Store
  • FedEx OnSite / Mailing Service
  • Walgreens Pharmacy / Pharmacy
  • Michael Poulsen / Pharmacy

Property Details for 1201 State St

Year built
2001
Construction
STEEL FRAME
Lot size
1.91 lot acres
Property size
14,410 SF
Zone code
C2
Property type
Commercial real estate
APN
11-26-229-004
APU
1126229004

Description

This exceptional 14,489-square-foot freestanding retail building presents a unique investment opportunity in Rockford, Illinois. Built in 2001, this single-story structure boasts a prominent hard corner location with excellent visibility and accessibility. Previously occupied by Walgreens, the property features a convenient covered drive-thru lane, a significant asset for businesses requiring quick and efficient customer service. The ample parking lot is complemented by four points of ingress and egress, ensuring smooth traffic flow. The building benefits from a signalized intersection, maximizing exposure to high volumes of vehicular traffic. Strategically located directly across from the UW Health Hospital Campus, this property enjoys proximity to a substantial customer base drawn to the numerous medical services offered within the campus. Its position on Route 20, Rockford's main east-west artery, guarantees high traffic counts and excellent brand visibility. Further enhancing its appeal, the site is conveniently situated at a bus stop, and future Metra Train Service is planned for Rockford in 2027, promising increased accessibility and ridership. This prime location, coupled with the building's existing infrastructure, makes it an ideal space for a variety of retail uses, particularly those benefiting from drive-thru capabilities. The property is situated in Winnebago County.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $255,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Rockford
County
Winnebago
State
Illinois
Longitude
-89.0774
Latitude
42.2662
CBSA code
40420
CBSA name
ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$84,543
$443,964
$528,507
-
$253,629
$1,331,892
$1,585,521
More about this property
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