Real Estate Auction
February 21, 2015 11:00 AM
725 Columbia Ave. Belvidere Illinois 61008
ABSOLUTE AUCTION - Commercial/Industrial 75,000 Sq. Ft. Complex on 2.91 Acre Site. Also, 2 Vacant Lots. Auction Held on Site.
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Sold For:
$184,000.00
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Building
SOLD: $175,000 --- 75,000 Sq. Ft. Light Industrial 1-Story Metal and Masonry Constructed Building. Includes Loading Docks, Shop and Warehouse Space, Offices and Bathrooms ranging from approx. 1500 sq. ft. to 17,000 sq. ft. All Concrete Floors. Loading Bays with Overhead Doors to Accommodate Commercial Vehicle Access. Security and Alarm Systems.
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Mechanicals
Insulated, Heated, Standard & Heavy 3 Phase Electric, Serviced by Municipal Water and Sewer, Multiple Heating Systems including Natural Gas Modine Heaters and Hot Water Boiler system.
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Site
2.91 Acres adjacent to UP Railway Line, located near major highways, easy access with ample parking areas.
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Zoning
General Industrial District
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Parcel Number
05-35-127-006
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Property Taxes
$10,242.20
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Fair Cash Value
$277,100 --- Boone Country Treasurer Assessment.
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Vacant Lots
SOLD: $9,000 --- 2 lots, each 66' x 132' in size, located south of railroad tracks. Parcel #05-35-129-012, RE Taxes: $1,105.98, Zoning: General Industrial District.
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Misc:
Flex-use facility with capacity for multiple tenants. Excellent UP Railroad and Highway Access. Please Contact Hack's Auction For Complete Details.
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Terms:
ABSOLUTE AUCTION: 10% Down Day of Auction as Earnest Money - Balance within Thirty Days with Title and Possession. Property Sold in 'As Is, Where Is' Condition. Sold Subject to IEPA Environmental Land Use Control (ELUC).