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Listing provided courtesy of Key Realty - RockfordMREDas Distributed by MLSGrid- MLS# 12594270MLS Provider

205 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
Community data courtesy of LiveBy, Inc.

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

$
$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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
Calculations provided by Reliance Network

205 W State Street History

Date Event Value Agent
3/22/2026Source: MRED Status Change
Active
3/17/2026Source: MRED Added to Database
March 17, 2026