$495,000
Active Under Contract
25 Days Online
0 Beds0 Baths3,600 SQFT
Active Under Contract

218 S State Street Marengo, IL 60152

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Mixed-use property allowing for many options. Property allows for rental investment, store/office below & live above. Three offices/units on the first floor; easily modified to accommodate varying needs. Two apartments above: one-bedroom and a spacious two-bedroom. Situated on State Street in the central business district of Marengo. High visibility with high traffic count. On-street parking in the front; large public parking area in the rear. Accessible from the rear courtyard and the front entrances. Quick & easy access to Interstate 90 via newly constructed access ramp. Building is in good condition & move-in ready. Nicely remodeled units throughout; freshly painted exterior. Well-lit for better visibility. High ceilings. Low-maintenance & low operating costs. Central heating on the first floor and electric baseboard heaters on the second floor. Separate utilities. Good rental income. Fully leased building. Currently owned by the same owner for the last 30 years. Steps to restaurants, bars, shops, and more...

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyMchenry
  • Taxes$5,425
  • HOA/Condo/Coop Fees$0
  • Days on Site25 Days
  • MLS StatusActive Under Contract
  • MLS ID Number12037971
  • Home Size Source N/A
  • Year Built1900
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction BrickSteel Siding
  • Electric Circuit Breakers
  • Number of Stories 2
  • Foundation Stone
  • Zoning COMMR
  • Number Of Stories 2

Interior Features

  • Cooling Space PacWall SleeveWindow Unit(s)
  • Flooring Varies

Exterior Features

  • Roof Membrane
  • Construction Details BrickSteel SidingWood Frame

Community Features

  • Township Marengo
  • MLS Area Harmony / Marengo

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Monthly Payment (Est.)

$2,640
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