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
See this Listing
Schools
Interior
Cooling
None
Exterior
Stories
4
Financial
Tax Year
2024
Taxes
$9,476
Map
Community
- Address220 N Water Street Rockford IL
- CityRockford
- CountyWinnebago
- Zip Code61107
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

Copyright 2026. All rights reserved.
220 N Water Street
Rockford, IL


