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$500,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 205 W State St
General
- Price: $500,000
- Taxes: (2024)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12594270
- Updated: 3/17/2026
- Added to Site: 2 day(s) ago
Business
- Name: District Bar & Grill
- Business Type: Bar/Tavern/Lounge, Food & Beverage, Restaurant
- Years in Business: 11 or More
Location
- Area: Rockford
- County: Winnebago
- Driving Directions: West on State St, property is on the corner of W State St and N Wyman St
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Stories/Levels: 2
- Square Feet: 8,960
Lot Features
- Lot Size (Sq. Ft.): 5,280
- Lot Dimensions: 156 x 132
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Year: 2024
Disclosures and Reports
- Property ID: 1123311007
Listed by Key Realty - Rockford
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Schools
Schools serving 205 W State St
School District:Rockford School District 205
| Name | Grades | Distance |
|---|---|---|
Ellis Arts Academy 222 South Central Avenue, Rockford, IL 61102 | K-5 | 1 mi |
Kennedy Middle School, Rockford, IL 520 North Pierpont Avenue, Rockford, IL 61101 | 6-8 | 2.4 mi |
Auburn High School, Rockford, IL 5110 Auburn Street, Rockford, IL 61101 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 205 W State St
Date
Details
Price
Change
Source
3/17/2026
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 205 W State St
205 W State Street, Rockford, IL 61101 (MLS# 12594270) is a Business property. 205 W State Street is currently listed for $500,000 and was received on March 17, 2026. Want to learn more about 205 W State Street? Do you have questions about finding other Business real estate for sale in Rockford? You can browse all Rockford real estate or contact a Coldwell Banker agent to request more information.

