7340 State StRockford, IL 61108

Property Details for 7340 State St

Year built

1995

Construction

WOOD

Property size (Sq ft)

40,731 SF

Zone code

C2

Property type

Commercial real estate

APN

12-23-376-022

APU

1223376022

Description

This exceptional retail property, located at 7340 E State St in Rockford, Illinois, 61108, offers a substantial 40,731 square feet of leasable space. Built in 1996 and extensively renovated in 2016, the property is currently entirely vacant, presenting a unique opportunity for a single tenant or multiple tenants. The minimum divisible space is 10,000 square feet, allowing for flexibility to accommodate various business needs, with the maximum contiguous space available being the entire 40,731 square feet. The property is zoned Commercial - C2. Ample parking is provided, with a ratio of 1.7 spaces per 1,000 square feet. This location boasts exceptional visibility and accessibility, situated in close proximity to major retailers including Sam's Club, Walmart, Lowe's, Best Buy, Home Depot, Ross Dress for Less, Gordon Food Service, La-Z-Boy, Ashley Furniture, and numerous restaurants and smaller retail establishments. This high-traffic area ensures significant foot and vehicle traffic, providing optimal exposure for any business. The property's recent renovation ensures modern amenities and a well-maintained building. This is an ideal opportunity for businesses seeking a prominent location in a thriving retail corridor.

• Alternative Use

  Use

  Valuation

  Residential

  $8,418,034

  Hospitality

  $7,710,874

  Educational

  $6,415,357

  Medical

  $6,635,991

  Retail

  $9,979,444

Location Insight

City

Rockford

County

Winnebago

State

Illinois

Latitude

42.2707

Longitude

-88.9737

CBSA code

40420

CBSA name

ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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