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
Listed By
Agency Name: GAMBINO REALTORS-Rkfd
Shown By
Agent Name: Chad Pierce
Agent Phone: Cell: (815) 222-8800
220 North Water Street | MLS# 43879656
This commercial property located at 220 North Water Street, Rockford, IL 61107 is currently listed for sale by GAMBINO REALTORS-Rkfd, with an asking price of $1,675,000. Search Rockford real estate on cpierce.gogambino.com today.