Former FED EX Ground Package Distribution Center is is strategically located just north of the Chicago Rockford International Airport just south of downtown Rockford and 85 miles northwest of Chicago. The location is ideal for a company seeking a distribution center for Northwest Illinois and Southern Wisconsin which provides easy access to Interstates 39 and 90 as well as US 20. The fenced site provides additional space for expansion.
This property is ideal for the astute user or investor seeking a prominent distribution location. It is just off the US 20 interchange and connects to downtown Rockford on Main Street connecting it to all important business locations in northern Illinois and southern Wisconsin.
Location - Well positioned location to service both Northern Illinois and Southern Wisconsin
Access - Easy access to major transportation routes via US 20, I-39 and I-90.
Proximity to Airport - Just north of Chicago Rockford Internatiional Airport
Bidder's must deposit $5,000 prior to the auction. The Buyer's Premium equal to 10% of the first $400,000 and 5% of the amount over $400,000 the winning bid will be added to the winning bid to determine the sale price.
Any bids placed within five minutes of the deadline will extend the deadline for an additional five minutes. The opportunity to bid will then continue until five minutes past the last bid placed. The Broker / Auctioneer is not responsible for bidding errors or the inability to bid caused by internet outages, bid platform failures or power failures. Should you have any questions or trouble bidding, please contact us at 770-980-9565
Inspections: 10:30 AM - May 2 & 9 Entrance to site is at 651 Simpson Road, around the corner from Dawes Road.
Please note: Inspections begin promptly. A Site Access Form signed by each attendee as well as on site registration and a government issued photo ID is required at each inspection. Please download the Site Access Form and bring it with you to the inspection.
On line bidding closes on May 17th at 11:00 AM EDT.
Online bidders must register to bid at www.AMCbid.com no later than 24 hours prior to the auction.
Certified Funds To Bid : $5,000 and bank proof of funds required to bid
Buyer's Premium (Buyer's Fee) : 10% of the first $400,000, 5% of the amount above $400,000
In Cooperation With : Auction Management Corp.
Broker Participation : A broker commission of one percent (1%) of written opening bid will be paid to the properly licensed broker whose prospect purchases and closes on the real estate. To qualify for a commission, the Broker must register by mail, email, fax or hand delivery the prospect’s name and address on the Broker Registration/ Written Opening Bid form available as a download at the AMC website listing for this asset prior to bidder registration. The form must be signed by the prospect and the Broker, and must be received at the office of Auction Management Corporation no later than 24 hours prior to the published auction date. Broker must also be present with their prospect during bidding and sign the Auction Real Estate Sales Contract if their client is the winning bidder. Commissions to be paid only upon closing. A Broker cannot act as a principal and a broker on the same transaction. In the event a Prospect makes initial contact with Auctioneer, a Broker Registration will be disqualified.
Licensing : Fine & Company LLC, Licensed Illinois Broker
Terms Of Sale : This auction is being conducted subject to the Terms of Sale and Purchase and Sales Agreement.
Disclaimer : The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap status, familial status or national origin or any other classes under state or local law or intention to make any such preference, limitation, or discrimination.