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Executive Summary

AWARD WINNING BUILDING. COMMERCIAL ON FIRST FLOOR AND LOWER LEVEL, RESIDENTIAL ON 2ND FLOOR, ALL ACCESSIBLE WITH AN ELEVATOR. 3,360 SF ON ALL 3 LEVELS. LOCATED IN DOWNTOWN ROCKFORD. COMPLETELY RENOVATED IN 2006. OUTDOOR SEATING WITH METAL RAILING IN THE FRONT. SEE BROCHURE FOR MANY DETAILS.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,080 SF
Year Built/Renovated
1879/2005
Price
$695,000
Price Per SF
$68.95
Percent Leased
44%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.47
Lot Size
0.09 AC
Zoning
C4
Frontage
25’ on STATE STREET

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,500 SF
  • Retail
  • -
  • May 2026

2,500 SF First-Floor Retail or Office Space - Character-Rich Downtown Building. Currently a barbershop vacating the end of May. Formerly Kuma's Restaurant prior to that. This features exposed brick walls, high ceilings, and an open-deck ceiling with modern drop lighting, creating a warm, contemporary environment suited for boutique retail, showroom, studio, or creative office use. *Two restrooms *Open, flexible floor plan *Great location across from City Hall

Space Size Space Use Position Available
1st Floor 2,500 SF Retail - May 2026

1st Floor

Size
2,500 SF
Space Use
Retail
Position
-
Available
May 2026

1st Floor

Size 2,500 SF
Space Use Retail
Position -
Available May 2026

2,500 SF First-Floor Retail or Office Space - Character-Rich Downtown Building. Currently a barbershop vacating the end of May. Formerly Kuma's Restaurant prior to that. This features exposed brick walls, high ceilings, and an open-deck ceiling with modern drop lighting, creating a warm, contemporary environment suited for boutique retail, showroom, studio, or creative office use. *Two restrooms *Open, flexible floor plan *Great location across from City Hall

Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
UMB Bank
PNC Bank
Rent-A-Center
La Chiquita Supermercado

Property Taxes

Property Taxes

Parcel Number
11-23-386-016
Land Assessment
$7,555
Improvements Assessment
$87,728
Total Assessment
$95,283
  • Listing ID: 40193528

  • Date on Market: 4/17/2026

  • Last Updated:

  • Address: 420 E State St, Rockford, IL 61104

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