ONLINE REAL ESTATE AUCTION
751 Old River Road, Rockton, IL 61072
Minimum Opening Bid/Reserve Price: $699,000
Auction Ends: Monday, June 30, 2025 @ 7:07 PM
A LAKESIDE ESTATE OF RARE OPPORTUNITY & ELEGANCE
Nestled within an exclusive gated community and surrounded by mature trees, privacy, and water, this magnificent estate at 751 Old River Road is a true hidden gem. Set on 5.07 acres of serene, landscaped grounds, the home offers the perfect blend of refined luxury and peaceful retreat—all just minutes from the heart of Rockton.
With more than 5,000 square feet of finely appointed space, this two-story home with a walkout lower level was designed for comfort, elegance, and multi-functional living. Best of all, it includes deeded access to a private lake shared with only two other properties—complete with your own sandy beach area and private dock.
Whether you’re entertaining guests or looking for quiet waterfront solitude, this property is one of Northern Illinois’ most remarkable real estate opportunities—available now to the highest bidder starting at just $699,000.
OPEN HOUSE PREVIEWS
- Saturday, June 21, 2025 | 1:00 PM – 2:00 PM
- Saturday, June 28, 2025 | 1:00 PM – 2:00 PM
PLEASE NOTE
The property is currently occupied, and we kindly ask that you do not enter the premises or walk the property outside of the designated preview times. We appreciate your cooperation in respecting the sellers’ privacy. Open house previews are your opportunity to explore this exceptional home.
VIRTUAL TOURS & DOCUMENTS
- Aerial Drone Video Tour - https://youtu.be/Y1zX5YV_2vQ
- 3D Virtual Walkthrough - https://my.matterport.com/show/?m=iBnfSfHBt5H
- Floor Plans PDF - See Floor Plans PDF in Documents or View Floor Plans in Photos.
INTERIOR FEATURES & LAYOUT
- Grand two-story foyer welcomes you with architectural elegance and natural light
- Formal dining room and stately home office on main level provide both beauty and function
- Spacious living room with a stone gas fireplace and sweeping lake views
- Gourmet kitchen features a large breakfast bar, abundant cabinetry, wall oven, cooktop, and adjoining dining area with atrium doors to a lakeside deck
- Main-floor master suite with atrium doors offers patio access, large walk-in closet, and a luxurious ensuite with dual vanities, soaking tub, and shower
- Upper-level bedrooms include two large suites with private baths and walk-in closets
- Walkout lower-level features:
- Full bar area and second fireplace
- Recreation/family room
- Full bathroom
- Workout room
- Sauna
- Storage and mechanical rooms
EXTERIOR AMENITIES & POTENTIAL
- Expansive rear deck ideal for outdoor entertaining or quiet reflection
- Meticulously landscaped grounds with full irrigation system
- Invisible pet fencing installed
- Private beach and dock provide direct lake access for swimming, paddleboarding, fishing, and relaxing
- Oversized 3.5-car attached garage, heated and equipped with built-in cabinetry and utility sink
- Unfinished bonus space above the garage (with HVAC, A/C, and bath rough-in) offers potential for guest quarters, office, or studio expansion
LOCATION & PROPERTY DETAILS
Located in the charming Village of Rockton, this home offers peaceful surroundings with convenient access to schools, dining, riverfront parks, and commuter routes.
Total Acreage (3 parcels/per Winnebago County, IL GIS site): 5.07 acres
Bedrooms: 3
Bathrooms: 4 full, 1 half
Year Built: 1994
Garage: 3.5-car attached and heated
Zoning: R1 – Single Family Residence
Parcel Numbers: 04-19-351-002, 04-30-101-001, 03-25-200-005
Assessed Value (combined): $860,280
2024 Property Taxes (combined): $21,417.98
Utilities:
- Well and septic system
- Forced air heat (LP gas - rented tank)
- Central A/C
- Central vacuum system
- Security system
Appliances Included: Refrigerator, stove/cooktop, wall oven, dishwasher, microwave, washer, dryer, water softener
AUCTION TERMS SNAPSHOT
- Buyer’s Fee: 10% added to high bid
- Minimum Opening Bid/Reserve Price: $699,000
- Earnest Money: $20,000 due by 11:00 AM on Tuesday, July 1, 2025 (certified funds only)
- Closing Date: A mutually agreeable date on or before Friday, August 1, 2025
- Optional Extension to August 15, 2025: Additional $10,000 added to purchase price
- Closing Company: Title Underwriters – Roscoe, IL office
- Title: Guaranteed free and clear at closing
- Property: Sold as-is, where-is with no contingencies
See “Addendum A – Terms & Conditions” for full auction details, buyer responsibilities, inspection rights, and legal conditions.
AUCTION CONDUCTED BY:
BELOIT AUCTION & REALTY, INC.
534 W Grand Avenue, Beloit, WI 53511
Phone: (608) 364-1965
Website: www.beloitauction.com
David Allen, CAI, AARE, AMM, BAS, CAS, CES, GPPA
WI Auctioneer #2580 | IL Auctioneer #441.00296
WI Real Estate License #55947-090 | IL License #471.020014
Mobile: (608) 333-4586
Richard Ranft, CAI, AARE, AMM, GPPA
WI Auctioneer #237 | IL Auctioneer #441.001071
WI Real Estate License #51214-090 | IL License #478.00010
Mobile: (608) 751-2184
ADDENDUM A - TERMS & CONDITIONS AGREEMENT FOR REAL ESTATE AUCTION
- This is an ONLINE public real estate auction…it is NOT a foreclosure auction. Title to the property is guaranteed to be free and clear from all liens and encumbrances with all property taxes paid up until closing. Auction is subject to prior sale. Bidder agrees to all terms and conditions of the auction set forth prior to bidding on the auction. These terms and conditions are made part of the offer to purchase. All bidders are required to register online prior to the beginning of the online auction if they intend to bid. Each bidder is assigned a unique bidder number. In consideration of being allowed to participate in this auction, bidder agrees that all bids he or she submits are irrevocable and binding.
- Disclaimer & Absence of Warranties: All properties are sold “AS IS, WHERE IS’ with no financing, inspection, appraisal, zoning, or other contingencies to sale. No warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in any brochure or marketing are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Potential buyers can arrange for their own property inspection by a licensed inspector at least 72 hours prior to the auction date at their own expense.
- Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Auctioneer cannot, and will not be, held responsible for any interruption in service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of the Site. Bidder acknowledges that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. The Auctioneer, in their sole discretion, may void any sale, temporarily suspend bidding and re-sell any lot/property that was affected by any malfunction. All decisions of the Auction Company/Auctioneer are final.
- This is a Buyer’s Fee Auction. A buyer’s fee of 10% plus the high bid shall equal the total purchase price. This Auction has a minimum opening bid price of $699,000. The successful bidder must make a $20,000 down payment of earnest money (non-refundable) by 11:00 AM on Tuesday, July 1, 2025. Payment must be made with certified funds. Successful bidder will be required to sign a standard offer to purchase agreement. Earnest money deposit is non-refundable if the offer is accepted by the seller and will be applied to the purchase price at the time of closing. Buyer agrees to close with the balance of the purchase price due and payable at closing on a mutually agreeable date on or before Friday, August 1, 2025 (certified funds). An additional extension to this closing deadline until Friday, August 15, 2025, can be made with an additional payment of $10,000 to the purchase price. Closing will be conducted by Title Underwriters at their Roscoe, IL office.
- If the successful bidder seeks financing through a loan program that requires the property to be in a certain condition before financing will be given, such as the case with an FHA loan for example, the successful bidder is responsible for all costs related to having a licensed and insured contractor bring the property up to that condition (they will not be allowed to do the work themselves). The successful bidder must still meet the closing deadline as specified in #4.
- Changes, corrections, and new additions: please check our website and the auction you are interested in prior to the scheduled auction time to inspect any changes, corrections, or additions to the property photos and information.
- Seller to provide title insurance and pay all taxes to date of closing. Buyer acknowledges that buyer is responsible for all other closing costs pertaining to the buyer’s side of the closing statement, these costs may include but are not limited to the balance of the sale, attorney fees, deed preparation, deed recording, survey (if required), mortgage fees, or any other fees or expenses required on their side to close the transaction.
- Agency: Beloit Auction & Realty Inc. represents the Seller(s) only and does not inspect properties on bidder’s behalf. Potential buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction.
- Non-Reliance Provision: The parties hereto, in executing this agreement, do not rely on any inducements, promises or representations other than such as are expressly contained in this agreement.
- Buyer Agency Agreement: All bidders are responsible to notify auctioneers of any potential buyer agency agreement(s) in place before registration and bidding on the auction at least 72 hours prior to the start time of the auction.
- If a bidder chooses to use a real estate broker/agent, a cooperating firm commission is contingent upon, and will ONLY be paid to the broker/agent if the broker/agent attended the first property showing their bidder/buyer attended and handed their business card with their client's name written on it to one of the Beloit Auction representatives present at the open house, the online "Broker/Agent Co-Broke Participation Acknowledgment Form" is received by the auction company at least 72 hours prior to the closing time of the auction, and if the real estate broker/agent's bidder/buyer has placed at least one bid 72 hours prior to the closing time of the auction, no exceptions. Real estate broker/agent shall not be entitled to said commission on account of any sale to an entity of which (or any affiliate of which) the real estate broker/agent is a principal, employee, affiliate, or immediate family member.
- If a bidder is the winning Buyer and refuses or fails to complete the transaction for ANY reason (including, but not limited to, remitting the total purchase amount), Buyer shall relinquish ANY right to complete the transaction and shall have no rights or interest in the property, as well as forfeit all deposit monies as liquidated damages to Seller. PLEASE BE ADVISED: Various state statutes give Seller the right to pursue legal action against bidders who refuse to complete transactions. This may include (but is not limited to) suit to compel completion of the sale, and/or criminal charges of fraud or other intentional act. Any dispute between the Auction Company/Auctioneer and bidders or buyers will be dealt with through arbitration in Rock County, WI. Beloit Auction & Realty, Inc. will be entitled to the value of its time, costs, and attorney’s fees incurred as damages.
ADDENDUM A - TERMS & CONDITIONS AGREEMENT FOR REAL ESTATE AUCTION
- This is an ONLINE public real estate auction…it is NOT a foreclosure auction. Auction is subject to prior sale. Title to the property is guaranteed to be free and clear from all liens and encumbrances with all property taxes paid up until closing. Bidder agrees to all terms and conditions of the auction set forth prior to bidding on the auction. These terms and conditions are made part of the offer to purchase. All bidders are required to register online prior to the beginning of the online auction if they intend to bid. Each bidder is assigned a unique bidder number. In consideration of being allowed to participate in this auction, bidder agrees that all bids he or she submits are irrevocable and binding.
- Disclaimer & Absence of Warranties: All properties are sold “AS IS, WHERE IS’ with no financing, inspection, appraisal, zoning, or other contingencies to sale. No warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in any brochure or marketing are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Potential buyers can arrange for their own property inspection by a licensed inspector at least 72 hours prior to the auction date at their own expense.
- Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Auctioneer cannot, and will not be, held responsible for any interruption in service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of the Site. Bidder acknowledges that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. The Auctioneer, in their sole discretion, may void any sale, temporarily suspend bidding and re-sell any lot/property that was affected by any malfunction. All decisions of the Auction Company/Auctioneer are final.
- This is a Buyer’s Fee Auction. A buyer’s fee of 10% plus the high bid shall equal the total purchase price. This Auction has a minimum opening bid/reserve price of $699,000. The successful bidder must make a $20,000 down payment of earnest money (non-refundable) by 11:00 a.m. on Tuesday, July 1, 2025. Payment must be made with certified funds. Successful bidder will be required to sign a standard offer to purchase agreement. Earnest money deposit is non-refundable if the offer is accepted by the seller and will be applied to the purchase price at the time of closing. Buyer agrees to close with the balance of the purchase price due and payable at closing on a mutually agreeable date on or before Friday, August 1, 2025 (certified funds). An additional extension to this closing deadline until Friday, August 15, 2025, can be made with an additional payment of $10,000 to the purchase price. Closing will be conducted by Title Underwriters at their Roscoe, IL office.
- If the successful bidder seeks financing through a loan program that requires the property to be in a certain condition before financing will be given, such as the case with an FHA loan for example, the successful bidder is responsible for all costs related to having a licensed and insured contractor bring the property up to that condition (they will not be allowed to do the work themselves). The successful bidder must still meet the closing deadline as specified in #4.
- Changes, corrections, and new additions: please check our website and the auction you are interested in prior to the scheduled auction time to inspect any changes, corrections, or additions to the property photos and information.
- Seller to provide title insurance and pay all taxes to date of closing. Buyer acknowledges that buyer is responsible for all other closing costs pertaining to the buyer’s side of the closing statement, these costs may include but are not limited to the balance of the sale, attorney fees, deed preparation, deed recording, survey (if required), mortgage fees, or any other fees or expenses required on their side to close the transaction.
- Agency: Beloit Auction & Realty Inc. represents the Seller(s) only and does not inspect properties on bidder’s behalf. Potential buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction.
- Non-Reliance Provision: The parties hereto, in executing this agreement, do not rely on any inducements, promises or representations other than such as are expressly contained in this agreement.
- Buyer Agency Agreement: All bidders are responsible to notify auctioneers of any potential buyer agency agreement(s) in place before registration and bidding on the auction at least 72 hours prior to the start time of the auction.
- If a bidder chooses to use a real estate broker/agent, a cooperating firm commission is contingent upon, and will ONLY be paid to the broker/agent if the broker/agent attended the first property showing their bidder/buyer attended and handed their business card with their client's name written on it to one of the Beloit Auction representatives present at the open house, the online "Broker/Agent Co-Broke Participation Acknowledgment Form" is received by the auction company at least 72 hours prior to the start time of the auction, and if the real estate broker/agent's bidder/buyer has placed at least one bid 72 hours prior to the start time of the auction, no exceptions. Real estate broker/agent shall not be entitled to said commission on account of any sale to an entity of which (or any affiliate of which) the real estate broker/agent is a principal, employee, affiliate, or immediate family member.
- If a bidder is the winning Buyer and refuses or fails to complete the transaction for ANY reason (including, but not limited to, remitting the total purchase amount), Buyer shall relinquish ANY right to complete the transaction and shall have no rights or interest in the property, as well as forfeit all deposit monies as liquidated damages to Seller. PLEASE BE ADVISED: Various state statutes give Seller the right to pursue legal action against bidders who refuse to complete transactions. This may include (but is not limited to) suit to compel completion of the sale, and/or criminal charges of fraud or other intentional act. Any dispute between the Auction Company/Auctioneer and bidders or buyers will be dealt with through arbitration in Rock County, WI. Beloit Auction & Realty, Inc. will be entitled to the value of its time, costs, and attorney’s fees incurred as damages.
