205 W State Street Rockford, IL $ 500,000
205 W State Street
$ 500,000
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205 W State Street

Rockford, IL, 61101
$ 500,000
Bedrooms-- Baths-- Sq 8,960

Monthly Estimate*

$ 3,079

205 W State Street, Rockford, IL 61101 - Image 1
205 W State Street, Rockford, IL 61101 - Image 2
205 W State Street, Rockford, IL 61101 - Image 3
205 W State Street, Rockford, IL 61101 - Image 4
205 W State Street, Rockford, IL 61101 - Image 5
205 W State Street, Rockford, IL 61101 - Image 6
205 W State Street, Rockford, IL 61101 - Image 7

Commercial Property for sale in Rockford, IL

for $500,000. This 8,960 square foot building was built on a lot size of 0.121212.

Business for Sale - Downtown Rockford Bar & Live Entertainment Venue Established downtown Rockford bar, grill, and live entertainment venue located one block north of The BMO Center and one block south of The Coronado Theater on West State Street in the city's primary nightlife and event corridor. The business operates seven days per week with full food and beverage service, late night hours, and a strong reputation as a local destination for live music, DJs, karaoke, and themed weekly events. The venue features a large dining and bar area, extensive seating, multiple televisions for sports viewing, and private event/banquet space, supporting diversified revenue from daily operations, nightlife, and private functions. Known for consistent programming and in house production capabilities, the business benefits from repeat local traffic and downtown footfall tied to events and entertainment. Turnkey opportunity suitable for an owner operator or experienced hospitality group seeking an established concept with brand recognition, multiple revenue streams, including gaming and lottery, and a central downtown location. Business sale only; real estate not included.

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Commercial Active

Price

$ 500,000

Property Type

Commercial

Taxes

$ 0

Style

Bar/Tavern/Lounge,Food & Beverage,Restaurant

Lot Size

0.121212

Town/City

Rockford

County/Region

Winnebago

MLS | Web ID

12594270

Features
General
Cooling Central Air
Utilities Electric to Site Natural Gas Available Sewer Connected Water Available
Possession Closing
Zoning COMMR
Stories Count 2
Tax Year 2024
Business Type Bar/Tavern/Lounge Food & Beverage Restaurant
Business Name District Bar & Grill
County Winnebago
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Status New
Directions West on State St property is on the corner of W State St and N Wyman St
City Rockford
MLS Area Rockford
Lot Size Square Feet 5280
Tax Annual Amount 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 8960
Lot Dimensions 156x132
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* Excluded Features
List By
Key Realty - Rockford

Broker

johnmurray@keyrealtyus.com

Email

Affordability Calculator

$3,079
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/17/2026$500,000 Listed Price

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205 W State Street, Rockford, IL, 61101 is a Commercial Property for sale at $500,000 with 8,960 sqft and a lot size of 0.121212. The property's zip code is 61101 which is in Rockford, IL