222 N WYMAN ST Rockford IL 61101

For registration requirements and regulations, please review here or contact Hannah Ladenheim | 936-274-1332 | hladenheim@crexi.com.

Located at 210 W. Jefferson and 222 Wyman St. in downtown Rockford, IL, this historic gem, known as the former Elks Lodge, is a rare opportunity for visionary investors. Boasting stunning Prairie and Greek Revival architectural styles by Lawrence Buck, this 30,000 GSF property is a masterpiece from 1914. Eligible for 45% Historic Tax Credits and New Market Tax Credits, this gem offers an incredible investment potential with up to 90% renovation cost coverage. The highlight is the grand Ballroom on the third level - a charming space with a 23' arched plaster ceiling, maple floors, space for 600 tabled guests, and 700 to 1,000 for live concerts/shows. The main level features a lobby and fine dining area, while the lower level offers space for a pub, bowling alley, and more. The building also includes architectural drawings and AUTOCAD files through schematic design, a $60,000 value. Situated in the "Cultural Corridor" near the renowned Coronado Theater, this property enjoys scenic river views and ample parking options with nearby municipal decks and lots. Don't miss this chance to own a piece of Rockford's history and transform it into a vibrant cultural hub!

· Non-Contingent

· Earnest Money Deposit is Greater of $20,000 or 10% of the Purchase Price

· Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum

· $10,000 Participation Deposit

222 N Wyman St, Rockford, IL 61101

210 W Jefferson St, Rockford, IL 61101

• 30,000 SF 2-Story Building

• Former Elks Lodge

• Situated in the Heart of Downtown Rockford

• Located at the Start of Rockford’s “Cultural Corridor”

• Plenty of Parking