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$ 1,675,000
Est. payment | /mo
48,600 SqFt
$ 1,675,000
Est. payment | /mo
48,600 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 48,600 sqft
Price per Sqft $34
MLS Listing ID 12524266
Year Built 1907
Annual Tax Amount $9,476
Tax Year 2024
Lot Dimensions 142x118x139x116
Property Sub-Type Mixed Use
Property Description
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
Location
State IL
County Winnebago
Area Rockford
Zoning INDUS
Interior
Cooling None
Fireplace N
Building
Dwelling Type Mixed Use
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Tina Tendall of Gambino Realtors
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
managingbroker@legacypropertiesil.com
2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA