IL
Winnebago
Rockford
61107
222 N Water Street
222 N Water Street, Rockford, IL 61107
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Listing Type
Commercial/Industrial
Listing Status
Active
0
$1,675,000

Home Details for 222 N Water Street

Price
$1,675,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1907
County
Winnebago
Garage
Days on site
3
MLS Listing#
12524266
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

Property Features
  • Cooling Information
    • None
Listing Courtesy: Gambino Realtors - 815-623-5555
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-12-06 09:16:29. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-12-06 09:16:29
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EXIT REALTY REDEFINED - MAURER GROUP
4174 N. Perryville Rd, Loves Park, IL 61111
Office
815 977 7411
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