308-310 E State Street
ROCKFORD, IL 61104
3
Bed
0
Bath
Prime mixed-use investment opportunity in the heart of Downtown Rockford! Located on highly visible East State Street, this approximately 3,600+ square foot two-story building offers immediate income with excellent upside potential. The main floor is currently leased to Jimmy John’s, providing stable rental income from a nationally recognized brand and generating consistent foot traffic in this busy downtown corridor. The second floor features two apartment units ready for renovation, presenting a strong value-add opportunity. With high ceilings, skylights, and abundant natural light, these units have the potential to be transformed into attractive loft-style apartments that fit perfectly with the growing demand for downtown living. An additional benefit is the convenient public parking lo
Property Details
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Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 3Room Information
Has Basement: Yes Basement: Full -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Electric Water Heater -
Heating & Cooling
Has Cooling: Yes Cooling: Central Air
-
Building Information
Year Built: 1879 Private Pool: No
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Listing Price Information
Listing Price: $395000
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Tax Information
Parcel Number: 1123382019 Tax Year: 2024 Annual Tax: $4811 Tax Legal Desc: ASSRS PLAY BLK 16 EAST RKFD OT 015 BLOCK 016
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School Information
Elementary School: District 205-RFDJunior High School: District 205-RFDSenior High School: District 205-RFD
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1509 18th Street, Rockford, IL, 61104 | $115,000 | 2 | 2 | 1,354 | 1,354 SqFt |
| 321 Washington Street, Rockford, IL, 61104 | $216,500 | 4 | 3 | 1,612 | 1,612 SqFt |
| 923 17th Street, Rockford, IL, 61104 | $145,000 | 4 | 1 | 1,327 | 1,327 SqFt |
| 434 16th Avenue, Rockford, IL, 61104 | $215,000 | 6 | 2 | -- | |
| 2236 17th Avenue, Rockford, IL, 61104 | $124,900 | 2 | 1.5 | 1,646 | 1,646 SqFt |
| 2205 18th Avenue, Rockford, IL, 61104 | $99,900 | 3 | 1 | 1,355 | 1,355 SqFt |
| 2120 17th Avenue, Rockford, IL, 61104 | $154,900 | 4 | 1 | 1,765 | 1,765 SqFt |
| 918 21st Avenue, Rockford, IL, 61104 | $45,000 | 2 | 1 | 1,700 | 1,700 SqFt |
| 2009 4th Street, Rockford, IL, 61104 | $220,000 | 6 | 3 | 1,586 | 1,586 SqFt |
| 405 S 1st Street, Rockford, IL, 61104 | $185,000 | 4 | 2 | 1,705 | 1,705 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/10/2026 @ 10:44
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