220 N Water Street
Rockford, IL, 61107
$1,675,000
Beds
0 Baths
0 SqFt
0 Acres
Add
MLS #MRD12524266 image #0
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

Property Details

Price:
$1,675,000
MLS #:
MRD12524266
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
rockford
Listed Date:
Dec 4, 2025
Total Sq Ft:
48,600
Year Built:
1907
RockfordRockford

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
None

Exterior

Stories
4

Financial

Tax Year
2024
Taxes
$9,476

Map

Community

Market Summary

Current real estate data for Commercial in Rockford as of Jun 17, 2026
26
Commercial Listed
186
Avg DOM
$868,392
Avg List Price

Property Summary

    220 N Water Street Rockford IL is a Commercial for sale in Rockford, IL, 61107. It is listed for $1,675,000

Similar Listings Nearby

broker reciprocity
MLS# MRD12467930broker reciprocity
2388 Mason Avenue
Rockford, IL

$1,500,000

1.7 miles away

220 N Water Street
Rockford, IL