When did you get this phone?
If it was anytime since August 2011 or later , your phone is bricked. Apple changed some hardware that completely destroys the baseband when you try downgrading & unlocking.
I ended up risking it and successfully restoring through iTunes by letting the app download new content for the restore (versus shift-click and pointing it to an IPSW file). I was hesitant that this may mess things up as it was already jailbroken, but in the end it worked.