Approx. 1 Acre Commercial Land

505 West Route 30 Rock Falls, IL 61071

505 West Route 30, Rock Falls, IL, 61071
505 West Route 30, Rock Falls, IL, 61071
FOR SALE Auction Property
Property Type:
Other Land
Amount:
$25,000
Last Verified:
Jun 11, 2019


Located 5 blocks west of Rt. #40 (1st Avenue) on Rt. #30.
Online Auction bidding starts Monday, August 19, 2019 at 11:00 AM CST and ends Wednesday, August 21, 2019 at 11:00 AM CST
Minimum Bid: $25,000 
Buyer's Premium: The Greater of 6% or $2,500
Cooperating Broker's Commission: The Greater of 2% or $500
Pre-Auction Bids Highly Encouraged!

Lot Size: 1.0 acres

Additional URLs

Map of 505 West Route 30, Rock Falls, IL, 61071

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.