2219 E. State St., Rockford, iL

Retail-Commercial for Sale
Catylist Listing ID: 30648910
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Other
Building Size (RSF): 8,597 SF
Sale Price: $329,000
Unit Price: $38.27 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/17/2020

Overview / Comments

+ 5,097 SF single -story front building
+ 3,500 SF single -story side building
+ Charming neighborhood strip center
+ Excellent visibility on E. State St.
+ Surrounded by retailers and restaurants from E. State St. corridor
+ Less than 5 minutes east of Rockford’s downtown and 5 minutes west of
Rockford’s prime retail corridor.
+ 40 dedicated parking spaces
+ Monument signage available
+ Strong demographics and daytime population
+ Asking lease rate: $12.00 SF/Gross
+ Asking sale price: $329,000

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 1125227004
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: East State Street and St. Louis Ave.
Property Visibility: Excellent
Largest Nearby Street: East State Street
Traffic/Vehicle Count: 19,500
Highway Access: Interchange 39
Airports: Chicago Rockford International Airport
Site Description: Charming neighborhood strip center Excellent visibility on E. State St.
Area Description: Less than 5 minutes east of Rockford’s downtown and 5 minutes west of Rockford’s prime retail corridor.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Total Parking Spaces: 40
Parking Type: Structure

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,417 123,783 200,943
Median Age: 35.02 36.22 37.8
Households: 7,961 48,701 80,109

Contact

Photograph of Listing Agent

Karen Walsh

CBRE, INC. CMCPEX Member
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