Approximately 3.14 Acres Commercial Land in Aurora, IL

2625 W Sullivan Rd Aurora, IL 60506

2625 W Sullivan Rd, Aurora, IL, 60506
2625 W Sullivan Rd, Aurora, IL, 60506
FOR SALE Auction Property
Property Type:
Commercial Land Development
Amount:
$249,000
Last Verified:
Sep 30, 2020

New Suggested Opening Bid: $249,000 (Reduced from $399,000)

Buyer's Premium: 6% ($40,000 minimum applies)

Cooperating Broker's Commission: 2%

Lot Size: Approx. 3.14 Acres

2018 Taxes: $1,417.20

PIN #: 14-12-225-001

Traffic Count: 49,300 VPD

Zoning: ORI; Office Research and Light Industrial District

Approximately 3.14 acres commercial land.

This property is conveniently located off I-88 to the North. When traveling West on I-88, exit onto Orchard Road and head South, then West onto Bushwood Lane and follow to Sullivan Road.

• Online Auction Bidding Starts at 11 AM CST Wednesday, January
13, 2021 and ends Friday, January 15, 2021, 11 AM CST
• New Suggested Opening Bid: $249,000 (Reduced from
$399,000)
• Buyer's Premium: 6% ($40,000 minimum applies)
• Cooperating Broker's Commission: 2%
• Pre-Auction Bids Highly Encouraged!


Additional URLs

Map of 2625 W Sullivan Rd, Aurora, IL, 60506

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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.