510 E State Street, Rockford, IL 61104
Local realty services provided by:CENTURY 21 Affiliated
510 E State Street,Rockford, IL 61104
$685,000
- - Beds
- - Baths
- 8,822 sq. ft.
- Multi-family
- Active
Listed by: maureen mccarty, robert mccarty
Office: keller williams realty signature
MLS#:202606222
Source:IL_RAAR
Price summary
- Price:$685,000
- Price per sq. ft.:$77.65
About this home
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, tin ceilings, hardwood floors, large display windows, and an open layout adaptable to a boutique retail shop, high-end salon, professional offices, or a trendy café. 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 7,822 sq. ft 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....
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Home facts
- Listing ID #:202606222
- Added:4 day(s) ago
- Updated:October 06, 2026 at 12:43 AM
Rooms and interior
- Kitchen Description:Dishwasher, Refrigerator, Stove/Cooktop
- Living area:8,822 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Rubber
- Building area:8,822 sq. ft.
- Construction Materials:Brick/Stone
- Exterior Features:Deck
- Levels:2 Story
Schools
- High school:Rockford East High
- Middle school:Abraham Lincoln Middle
- Elementary school:C Henry Bloom Elementary
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$685,000
- Price per sq. ft.:$77.65
Features and amenities
- Laundry features:Dryer, Laundry In Unit, Washer
- Amenities:Deck, Gas Water Heater, Laundry In Unit
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