220 N Water St

Rockford, IL 61107
  • $1,675,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 48,600

    SqFt

About the Listing 30342 - 71676,72341

Bring your creativity to this project! This 48,600 sq ft building is ready for the next step. Downtown waterfront location is ready for your project. 132ft of shoreline on the Rock River. This building has so many possibilities. Current owner envisioned 21 apartments on the top 3 floors, commercial use on the main floor with dockside restaurant and bar on the river level. It is ready to develop! New R30 TPO Roof(2024), Electric Updated(2025), Brick tuckpointed and sealed.(2025) Asbestos removed(202),5 Parking with 94 parking lot resurfaced (2025), new LED lights(2025) and new retaining wall. National Park Service Historic Part 1 approved for historic tax credit, The property is currently located within the Rockford River Edge Redevelopment Zone. The City will make available action to assist Developer in establishing eligibility for financial incentives for the Project through the River Edge Redevelopment Program administered by the State of Illinois. This is the former Rever's Marina

Listing Highlights

Status Active
Days on Site 27
Property Type Commercial Sale
MLS ® 12524266
Year Built 1907
Total Square Footage 48,600
Lot/Acreage 0.48
County Winnebago

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 142x118x139x116
  • Zoning: INDUS
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $9,476
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 1123329001
  • Tax Year: 2024

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Questions About..

220 N Water St Rockford, IL 61107

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Originating MLS: mred

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