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4921 E State St
Rockford, IL 61108
Retail Property For Sale
Investment Highlights
- Built-in accessibility with ground-level entrances to both primary floors and a third-level office/storage area.
- Situated on East State Street within Rockford’s established retail and professional corridor.
- Prominent 40-foot pylon signage with LED lighting ensures maximum roadway visibility.
- Features 37 on-site parking spaces, providing ample capacity for clients and staff.
Executive Summary
This multi-level commercial property offers a rare ownership opportunity along one of Rockford’s most active commercial corridors. Positioned on a 0.50-acre parcel, the building provides flexibility for single or multi-tenant configurations, supported by five separate electric meters and recently remodeled interiors. Multiple private offices, conference rooms, and open work areas are complemented by six restrooms, including three ADA-compliant facilities, enhancing operational practicality for various business uses.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,550 SF
Building Class
C
Year Built
1982
Price
$750,000
Price Per SF
$99.34
Percent Leased
54%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.35
Lot Size
0.50 AC
Zoning
C2 - C2 Commercial Districe allows retail, medical, and commercial uses. Ideal for professional offices, non-profit, medical, and service businesses.
Parking
37 Spaces (6.17 Spaces per 1,000 SF Leased)
Frontage
116’ on E State St
Property Taxes
| Parcel Number | 12-29-277-005 | Improvements Assessment | $108,429 |
| Land Assessment | $55,987 | Total Assessment | $164,416 |
Property Taxes
Parcel Number
12-29-277-005
Land Assessment
$55,987
Improvements Assessment
$108,429
Total Assessment
$164,416
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