Listing provided courtesy of Key Realty - RockfordMREDas Distributed by MLSGrid- MLS# 12594270
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Request Info205 W State StreetRockford, IL 61101
Commercial · 8,960 Sq. ft.$500,000
Active
205 W State Street Overview
- Time on Site:
- 104 days
- Visits:
- 5
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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205 W State Street Facts & Features
- Type Commercial
- Sq. ft. 8,960
- Price/Sq.ft. $56
Details
General
Income/Expenses
- Operating Expense: 0
Business Information
- Business Name: District Bar & Grill
- Business Type: Bar/Tavern/Lounge,Food & Beverage,Restaurant
Location/Region
- County Or Parish: Winnebago
- MLS Area Major: Rockford
Tax Information
- Tax Annual Amount: $0.00
- Tax Year: 2024
General Information
- Parcel Number: 1123311007
- Property Type: Business Opportunity
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 8960
General Information
- Cooling: Central Air
- Stories: 2
Unit Information
- Unit SqFt.: 8960
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 156x132
- Lot Size Square Feet: 5280
General Information
- Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Water Available
205 W State Street Neighborhood
Community
61101 (Rockford) Demographics
36
Median Age
458
Population Density (per sq. mile)
21%
College Educated
$36,953
Estimated Median Income
4,130
Estimated Total Home Owners
3,310
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.205 W State Street Monthly Cost
205 W State Street Market Data
Based on the last 30 days in this zip code
$166,197
Average List Price
$115
Average Price per Square Foot
15
Properties Sold
65
Average Days on Market
79
Properties for Sale
205 W State Street History
| Date | Value | Agent |
|---|---|---|
| 3/22/2026Source: MRED | Active |
|
| 3/17/2026Source: MRED | March 17, 2026 |