Seller's Agent in 2026
Jorge DaSilva
Key Realty, Inc
(815) 979-7559
114 Total Sales
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 lot located next to and behind the building, offering easy access for both commercial customers and future residential tenants. Surrounded by restaurants, shops, entertainment venues, and ongoing downtown development, this property enjoys excellent visibility and a prime location in Rockford’s revitalizing city center. Whether you're an investor looking for income with upside or a developer seeking a downtown mixed-use project with character, this property offers tremendous potential.
Last Agent to Sell the Property
Key Realty, Inc License #475181452 Listed on: 03/13/2026
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $259,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Grant Deed | -- | Title Underwriters Agency | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | Kowalski David S |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/06/2026 07/06/26 | Sold | $360,000 | -8.9% | $86 / Sq Ft |
| 05/27/2026 05/27/26 | Pending | -- | -- | -- |
| 03/13/2026 03/13/26 | For Sale | $395,000 | -- | $94 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,995 | $56,575 | $3,715 | $52,860 |
| 2024 | $4,811 | $50,772 | $3,334 | $47,438 |
| 2023 | $4,649 | $44,769 | $2,940 | $41,829 |
| 2022 | $4,572 | $40,015 | $2,628 | $37,387 |
| 2021 | $4,497 | $36,691 | $2,410 | $34,281 |
| 2020 | $4,460 | $34,686 | $2,278 | $32,408 |
| 2019 | $4,429 | $33,059 | $2,171 | $30,888 |
| 2018 | $3,766 | $31,156 | $2,046 | $29,110 |
| 2017 | $4,424 | $29,817 | $1,958 | $27,859 |
| 2016 | $4,420 | $29,258 | $1,921 | $27,337 |
| 2015 | $3,085 | $20,169 | $1,921 | $18,248 |
| 2014 | $3,001 | $20,172 | $1,921 | $18,251 |
Seller's Agent in 2026
Jorge DaSilva
Key Realty, Inc
(815) 979-7559
114 Total Sales
R
Buyer's Agent in 2026
Robert Walsh
DICKERSON & NIEMAN
(773) 551-2366
63 Total Sales
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202601383
APN: 11-23-382-019
Ask me questions while you tour the home.