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68,342± sf of I-1 zoned warehouse with 5,460 sf of office and 25' ceilings built in 1980 on 7.43 acres. Additionally, there is 16,450 sf of freezer and cooler space with 2400 amps serv
1616 Elmwood
Rockford, IL 61103
The site zoned I-1 and improved with a one, and partial two story concrete block, and metal panel sided steel frame warehouse building built in 1980 containing 68,342± sf. The area is divided into 36,660 square feet of non-refrigerated warehouse area and 16,450 sf of refrigerated space; 8,610 square feet of freezer area, 5,390 square feet of cooler area, and 2,450 square feet of loading area. The combined size of the warehouse area is 53,110 square feet. In addition there is 6,272 square feet located at the east elevation of the building with a separate entrance. There is a 2006 3,500 sf addition at the north east corner. There is 5,460 square feet or 8.42 percent of second floor office area. 130 paved parking spaces are available. There is a metal gable roof and a flat rubber roof. There are 8 dock doors and three drive-in doors.
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Time of sale
Sold Tuesday, February 16th, 2010
Directions
Please see map for driving directions and property location.
RegRequirements
Potential Bidders MUST complete a registration form, show proof of financial ability to purchase and present auction day deposit of $50,000. Please download PIP for the Terms of Sale and complete registration requirements.
Deposit
$50,000 cashiers check day of auction with total non-refundable deposit equal to 10% of Total Purchase Price within 3 business days of the auction.
Closing
On or before March 30th, 2010.
Buyer premium
8% buyers premium will apply.
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Auction Postcard
Property Information Pac…
Phase I Environmental - …
Broker Registration
Sage Auction Solutions representative
Ken Goessling, CCIM
Solutioneer
314-607-9075 mobile
815.301.9711 fax
Broker co-op
1% of Total Purchase Price. Clients must be properly registered 5 days prior to auction. See Broker Registration Form or PIP for details.
Property ID 03171001
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