220 N Water Street — Rockford, IL 61107
Active
Rockford, IL 61107

220 N Water Street

$1,675,000
0 beds · 0 baths
Listed at $1,675,000 145 days on market $9,476/yr taxes
01About this home

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

02Inside the home
03By the numbers
$1,675,000
List price
Square feet
Bedrooms
Bathrooms
1907
Year built
Lot size
Garage spaces
$9,476
Annual taxes
Mixed Use
Style
145
Days on market
04Features
Cooling
None
05Neighborhood
  • Bop Bop Korean BBQ and Rice Bowls 400 ft
  • Disco Chicken 450 ft
  • The Music Box 500 ft
  • Chocolat by Daniel 550 ft
  • Carlyle Brewing Company 600 ft
  • CJ's Lounge 600 ft
  • East State Market 0.4 mi
  • Jumping Joe 0.5 mi
  • Midtown 1 stop Shop 0.5 mi
  • Circle K 0.6 mi
  • Mobil Mart 0.6 mi
  • Mobil Mart 0.6 mi
  • Waterside Plaza 100 ft
  • Joe Marino Park 350 ft
  • Haight Park 0.2 mi
  • Haight Village Historic District 0.3 mi
  • Inegersol Centenntial Playground 0.3 mi
  • Ingersol Centennial Park 0.3 mi
  • Inzombia 650 ft
  • Wired Cafe 0.2 mi
  • Starbucks 0.2 mi
  • Mo's Coffee and Cafe 0.2 mi
  • Rockford Roasting Company 0.4 mi
  • Restoration Cafe 0.5 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Dec 4, 2025
Listed for saleThis listing
Gambino Realtors
$1,675,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
Listed by Gambino Realtors · Tina Tendall
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12524266
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