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BANK ORDERED SALE!
Minimum Bid: $250,000
Buyer’s Premium: 10% ($40,000 minimum applies)
Cooperating Broker’s Commission: 2%
This multi-tenant industrial building set on approximately 3.08 acres is comprised of approximately 80-100 units. Historically tenants have included art galleries, automotive repair, machine shops, photography studios, and motorcycle customization shops. This building has long, wide fork-lift accessible corridors with numerous garage doors and loading docks throughout. This is a two story building with the majority of the square footage located on the first floor. The freight elevator is operable, as are most of the mechanicals and boiler.
There are approximately 60 parking spaces alongside the building and an additional 1/2 acre parking lot to the North.
To review the documents for this property, please follow these 3 simple steps:
- Register on our website or log in with your existing account.
- Go to the Documents tab, click a document that you wish to review, and accept the confidentiality agreement terms by entering your password.
- You may now download the document.
Total Bids Placed:
Auction has expiredAuction Expired because there were no bids
|Auction started||March 12, 2020 12:00 am CDT|
Bidding Starts: March 12, 2020 12:00 am CDT
Bidding Ends: March 12, 2020 12:00 pm CDT
Location: 2500 N. Main Street, Rockford, IL, 61103
How to Submit Pre-Auction Bid
Click on the Pre-Auction Offer Form button on the property page and submit your bid with proof of funds.
How to Register & Bid Online
Register: If you do not have an account on this website, click the “Sign-Up” button above and complete the brief registration form. We will then send you an email with a verification link that you must click in order to create a new account.
Important: You must be pre-approved to bid online. Follow these instructions to get approved to bid online:
BID APPROVAL PROCESS:
Review all information and due dilligence documents posted on the property listing on our website.
Read the Terms and Conditions and Purchase and Sale Agreement posted on the property listing on our website.
Wire or overnight the certified funds required to bid on the property (for amount required see Terms and Conditions).
Click the “Register to Bid” button.
You will receive an email notifying you that you have been approved to bid on the property.
If you have any questions, contact us. We would be happy to assist you.
For wiring instructions email: firstname.lastname@example.org or call 847-509-2757.
There is a 10% Buyer's Premium in effect for this auction.
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