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sales rep | Brivity IDX

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510 E State St , Rockford, IL 61104
$685,000
Est. Payment: $3,675.35/mo
7822 Sqft
0.1 Acres
Status: active | Days on site: 7
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30250 - 71740,71739
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House Description

Rare Downtown Investment Opportunity: Historic Income-Producing Live/Work Asset in Rockford's Block 5 Price: $685,000 Own a commanding piece of local history with this masterfully restored 1900 urban commercial property, perfectly situated in the absolute heart of Downtown Rockford's vibrant "Block 5." Combining exceptional architectural character with modern, high-yield revenue streams, this versatile property offers an incredible live/work setup or a turnkey addition to your investment portfolio. The property is even available fully furnished, allowing you to step right into an active, lucrative operation from day one. Property Highlights Prime "Block 5" Location: Enjoy maximum foot traffic and high visibility in Rockford's most dynamic downtown district, surrounded by popular dining, shopping, and entertainment. Turnkey Airbnb Revenue: Includes 2 visually stunning apartments actively operating as high-income-producing short-term rentals. Both spaces feature premium finishes and rave guest reviews. Magnificent Owners' Loft: A unique, expansive loft space boasting classic urban character, soaring ceilings, and original historic details. Premium Urban Amenities: A rare large back deck perfect for private relaxation or entertaining, plus a coveted 2-car detached garage-a massive premium for downtown living. Commercial Component The street-level commercial space anchors the building with historic brickwork, large display windows, and an open layout adaptable to a boutique retail shop, high-end salon, professional offices, or a trendy cafe. Tap into the energy of downtown's revitalized core and draw in both local regulars and weekend travelers. Residential Living & Luxury Short-Term Rentals The Loft: An architectural masterpiece featuring a seamless blend of historic grit and modern luxury. Perfect for an owner-occupant or a premium executive rental. The Apartments: Meticulously designed with high-end aesthetics, these two units are fully optimized for short-term rentals. They consistently attract top-tier nightly rates from traveling professionals, weekend tourists, and event-goers. Property Specifications Year Built: 1900 (Beautifully restored and modernized) Parking: 2-car garage + ample district parking Outdoor Space: Expansive rear deck Inclusions: Possibility of purchasing completely furnished (negotiable) Don't miss this incredibly rare chance to own a high-performing asset where historic charm meets modern profitability. Schedule your private tour today to experience Block 5's premier mixed-use listing.

Highlights

Listed by Maureen McCarty , 815-262-7837 and Robert McCarty , 815-390-4439 Keller Williams Realty Signature , 815-390-4439. Midwest Real Estate Data mls logo

Property Type

Commercial Sale

Lot/Acreage
0.1

Year Built

1900

County

Winnebago

Area

Rockford

Listing ID

12774657

Questions about this listing?

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Interior Features

Air Cond:Central Air
Fireplaces:

Exterior Features

Lot Dimensions:44 X 100 X 44 X 100
Zoning:COMMR
Parking Features:1-5 Spaces
Principal Interest
$3,675
Taxes
$589

Home Price

$685,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$137,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,675.35

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,675.35 $589.17 $0.00 $4,264.51
Yearly $44,104.17 $7,070.00 $0.00 $51,174.17
Total $1,323,125.23 $212,100.00 $0.00 $1,535,225.23
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Market insight data is pulled from the same city as the listing being viewed (Rockford, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. 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. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T06:57:04.000Z

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