Description
The Belvidere Community Unit School District 100 seeks an experienced commercial real‑estate broker to act as the exclusive listing agent for the sale of its surplus former elementary‑school property (≈6.67 acres, 31,110 sf building) located at 7133 Garden Prairie Road, Garden Prairie, IL. The broker must conduct a broad‑based marketing campaign, provide a highest‑and‑best‑use analysis and broker opinion of value, and manage the transaction through closing after the property becomes vacant in July 2026. Compensation will be commission‑based, with the vendor proposing its rate.
• Exclusive listing and marketing of a former K‑12 school site (≈6.67 acres, 31,110 sf).
• Required deliverables: market analysis, highest‑and‑best‑use study, broker opinion of value, 90‑day marketing plan, and full transaction management.
• Must comply with Illinois School Code, submit all required certifications, and adhere to District’s tax‑exempt status.
• Deadline for proposals 17 Apr 2026; award anticipated 18 May 2026; contract term expected to run through the sale, roughly a 6‑month engagement.