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Listed by Miguel Lobatoof Gambino Realtors Home Builders
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12727469
Year Built 1922
Annual Tax Amount $10,053
Tax Year 2025
Lot Dimensions 121.3x301x71x166
Property Sub-Type Mixed Use
Property Description
Discover the potential of this exceptional commercial offering featuring three adjacent C-4 zoned properties being sold together at 625 & 635 7th Street and 626 S 6th St (11-26-282-012, 11-26-282-005, 11-26-282-011). Rich in history and ready for redevelopment, this unique package presents an outstanding opportunity for investors, developers, and entrepreneurs to reimagine a prominent location in the historic Midtown District. The centerpiece, 635 7th Street, is a three-story building originally constructed in 1911. Offering approximately 33,064 square feet of building space on a 16,497-square-foot lot, the property features expansive storefront windows that fill the main level with natural light opportunities, a rooftop-access area on the second floor, and a separate entrance to the third floor, providing flexibility for a wide variety of future uses. The back building offers 26,710 square feet of building space and 17, 582 square feet of land with a truck pit with lift/loading dock. The adjoining building at 625 7th Street offers an additional 1,610 square feet on a 3,684-square-foot lot, making it an ideal complement for retail, office, storage, or expansion. Together, these vacant properties offer more than 61,000 square feet of building space on over 37,000 square feet of land, creating a rare opportunity to transform an entire commercial footprint. Located in Rockford's Historic Midtown District, just east of downtown, the properties are surrounded by a neighborhood known for its historic architecture & locally owned businesses. Midtown continues to experience ongoing revitalization while preserving its rich character and serves as a vibrant destination for community events, local dining, cafes, public art, and the popular Midtown Market. This blend of history, commerce, and culture creates an exciting setting for future investment and redevelopment. Whether your vision includes retail, dining, entertainment, offices, creative workspaces, mixed-use redevelopment (subject to municipal approvals), or another innovative concept, the possibilities are extensive. Buyer can seek more information on potential tax incremental funding opportunities or historic district grants with the City of Rockford or Midtown District Association. Buyer must do their due diligence to see what is available. This is truly a one-of-a-kind investment opportunity. Bring your vision and help shape the next chapter of this Midtown property.
Location
State IL
County Winnebago
Zoning COMMR
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
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