Current exterior of the former Wight School property at 1358 4th Avenue in Rockford, Illinois

For sale · Adaptive-reuse opportunity

One existing building. Multiple paths forward.

Acquire a distinctive former-school property supported by a developed 31-residence schematic concept and a complete modern interior vision. Hospitality, extended-stay and multifamily buyers may independently evaluate the property for their operating model.

Current property exterior · Listing image
42,916Building SF shown in the current public offering
31Proposed residences in the schematic concept
14 + 17Proposed one-bedroom + two-bedroom mix
6Developed apartment finish collections

The opportunity

Substantial planning work—without dictating the buyer’s strategy.

Rockford Project presents an opportunity to acquire an existing institutional building with a residential concept already developed far enough to make the possibilities tangible.

The current schematic explores conversion into 31 modern apartments. A hotel or extended-stay operator can use the same planning work to evaluate guestroom organization, common areas and operating flow—then establish an independent hospitality program, feasibility analysis and approval path.

This page presents a real-property acquisition opportunity, not a securities, partnership or fractional-ownership offering.

Paths to evaluate

Three buyer profiles. One adaptable asset.

01

Multifamily residences

A developed schematic concept proposes 31 residences: 14 one-bedroom and 17 two-bedroom apartments.

02

Hotel or extended stay

Hospitality operators may independently test room count, amenities, code strategy, operations and market positioning.

03

Other adaptive reuse

Experienced buyers may investigate other legally permissible uses based on zoning, parking, life safety and market demand.

Conceptual rendering of a residential corridor at the Rockford ProjectConceptual rendering · Not existing condition

The 31-residence concept

A complete residential design language is already visible.

The concept includes lobby, corridor, apartment entry, living, kitchen, bedroom, bathroom, storage and cabinetry studies. Three one-bedroom and three two-bedroom collections give a buyer a practical starting point for merchandising and procurement.

14One-bedroom residences
17Two-bedroom residences
Open the complete 72-page design album

Planning and approval status

Conceptual work creates clarity. Due diligence creates certainty.

The 31-unit residential concept, hotel or extended-stay conversion, and all other redevelopment paths remain subject to independent zoning, parking, accessibility, building-code, fire/life-safety, environmental, structural and entitlement review. No use, unit count, construction budget or approval is represented as final.

Buyer review

Request the available due-diligence package.

Qualified buyers, developers and hospitality operators may request available documents and arrange a private visit. Materials are identified as current, historical, third-party, seller-prepared or conceptual where applicable.

Request access
01

Current property and offering information

02

Survey, legal description and available site information

03

November 2025 schematic 31-residence concept set

04

Proposed unit mix, floor plans and parking analysis

05

Available zoning and entitlement correspondence

06

Visual interior-design album and finish schedules

07

Available condition, environmental and building reports

08

Tour access and purchase-proposal process

Evaluate the Rockford Project

Review the concept. Walk the building. Decide what it can become.