205 W State Street,Rockford, IL 61101
Rockford, IL 61101
Description
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.
Details
| MLS # | 12594270 |
|---|---|
| Listing Type | For Sale |
| Style | Bus / Bus W/real Est |
| Building Name | District Bar & Grill |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 197 |
| Listing Provided By | Key Realty - Rockford | John Murray |
Features
| SQ Feet | 8,960 |
|---|---|
| Story(s) | 2 |
| Zoning | COMMR |
| Acreage | 0.47 |
Interior
| Cooling | Central Air |
|---|
Utilities
| Utilities | Electric to Site, Natural Gas Available, Sewer Connected, Water Available |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 0 |
Area Information
| State | IL |
|---|---|
| County | Winnebago |
| City | Rockford |
| Zip Code | 61101 |
| Area | Rockford |
| Listing VS Median (in 61101) | |
Price: $500,000 low | high Med: $177,750 sqft: 8,960 low | high Med: 1,290 $ / sqft: $56 low | high Med: $159 On site: 197 low | high Med: 46 | |
Market Activity 61101
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Learn More About This Property
| State | IL |
|---|---|
| County | Winnebago |
| City | Rockford |
| Zip Code | 61101 |
| Area | Rockford |
| Listing VS Median (in 61101) | |
Price: $500,000 low | high Med: $177,750 sqft: 8,960 low | high Med: 1,290 $ / sqft: $56 low | high Med: $159 On site: 197 low | high Med: 46 | |