Marengo IL Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
9,950
Status:
Active
MLS#:
12078522
Type:
Business Opportunities
Lot size:
10 Acres
Year built:
2017
A broker reciprocity listing Courtesy: RE/MAX Connections II 815-568-9000
View additional info

ADDITIONAL INFORMATION

This all steel 9950sf Industrial Building was built with No Expense Spared and is Equipped for a Multitude of Uses. Features a 10 ton (20,000lb) Demag Double Beam Traveling Bridge Crane ($180,000+), Huge Electric Power (120, 240, 480 3 Phase 1200+amps), Dry Compressed Air throughout. Monitored Smoke/Fire Detection transmitted directly to Fire Department. 1800sf Covered Loading Dock with Drop Down Ramp. 3-14' Drive-In Doors. Office area with Reception Vestibule, Kitchenette, Office and Receptionist/Filing space. Two Baths, one in Office and one in Shop. Sitting on 10 acres zoned Industrial with 850' of frontage just north of Marengo on IL State Hwy 23, could be subdivided or tons of room for outdoor storage or truck parking. Currently 7 acres is rented as farmland. Building was intended to do Steel Manufacturing Process, all concrete and asphalt in and out is stressed to handle loaded semi's (Double Rebar with 8"+ Concrete). Clerestory Windows for great Natural Light. Insulated and very Easy to Heat (Radiant Heat throughout Main Building). Must see to appreciate!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12058447
Type:
Other
Year built:
1997
A broker reciprocity listing Courtesy: RE/MAX Connections II 815-568-9000
View additional info

ADDITIONAL INFORMATION

Excellent investment opportunity in downtown Marengo, Fully Equipped Restaurant with Bar and 2 Apartments Upstairs, one 3 Bedroom and one 2 Bedroom. Built in 1997 with a large Addition added by the current owners. Currently fully rented.

Beds:
n/a
Baths:
Sq.Ft.:
1,500
Status:
Active
MLS#:
12041393
Type:
Mixed Use
Year built:
1940
A broker reciprocity listing Courtesy: RE/MAX Connections II 815-568-9000
View additional info

ADDITIONAL INFORMATION

Prime 1500 sq foot property in the Central Business District of Marengo with ample parking. Building could easily be divided into two store fronts. Former uses of building were a restaurant and retail store. Features making this property ready to use include 300 Amp Service, in-floor grease trap, gas and water plumbed, and utility sink. There are two bathrooms allowing for employee and customer separation. Building is zoned for 2 single unit apartments on second level. The two-hour fire rated ceiling is already installed! Was ample parking mentioned? The municipal parking lot provides parking for approximately 200 cars! Invest, start your dream business, and own prime real estate in downtown business sector of Marengo.

Beds:
n/a
Baths:
Sq.Ft.:
3,600
Status:
Active
MLS#:
12037971
Type:
Other
Year built:
1900
A broker reciprocity listing Courtesy: @properties Christie's International Real Estate 312-682-8500
View additional info

ADDITIONAL INFORMATION

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...

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12030546
Type:
Other
Lot size:
44.63 Acres
Year built:
2023
A broker reciprocity listing Courtesy: Berkshire Hathaway HomeServices Starck Real Estate 847-806-8440
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ADDITIONAL INFORMATION

44.639 Acres about a mile from I-90 interchange. Surrounded by light manufacturing properties. Great investment opportunity or business op! As a farm, all tillable. Annexed into Marengo already. Currently leased to farmer for 8500per season, but on comp plan for office research or Light industrial including warehouse, retail, and various other uses. Electric and gas nearby. Sewer and water slated, but dates unknown.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12028899
Type:
Other
Year built:
1900
A broker reciprocity listing Courtesy: @properties Christie's International Real Estate 312-682-8500
View additional info

ADDITIONAL INFORMATION

Mixed-use property in the central business district of Marengo. Property is fully leased with a 60-day kick-out clause. The Commercial space is rented for $900/month and residential studio rented at $800/month, both through July 2025. Property allows for rental investment, store/office below & live above. Situated on main road in central business district with high visibility and traffic count. Plentiful on-street parking and access to public parking lot adjacent to property with 24 parking spaces. Quick & easy access to newly constructed Interstate 90 ramp. Move-in condition. Low maintenance. Lower-cost utilities. Central heating & air conditioning on 1st floor. Electric baseboard heater & wall-integrated air conditioner on 2nd floor. Cathedral ceiling on 2nd floor with a large street-facing window. Storage in unfinished basement. Steps to restaurants, bars, shops, and more!

Beds:
n/a
Baths:
Sq.Ft.:
5,200
Status:
Active
MLS#:
12025079
Type:
Other
Year built:
1971
A broker reciprocity listing Courtesy: Premier Commercial Realty 847-854-2300
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ADDITIONAL INFORMATION

Free Standing Block and Brick Building 5,200 SF Free standing block and brick building at the busy corner of Park Dr. and Route 20 (Grant Highway) on 1.39 acres, in Marengo with signage on corner. Great location on the west side of town with ample gravel parking lot and large lawn area along Route 20. This former American Legion Hall is ideal for a restaurant, retail, or banquet facility. Ideal location just north of I-90/ Route 23 interchange. The current layout has a large banquet room, bar area and a former kitchen with triple basin sink, hand sink and 12' hood. Lots of storage with 8x7 DID for deliveries. The building has been vacant, power and gas to be reconnected. Being sold "AS-IS." High traffic corner site for potential re-development opportunity.

Beds:
n/a
Baths:
Sq.Ft.:
25,800
Status:
Active
MLS#:
11974132
Type:
Business Opportunities
Lot size:
2.16 Acres
Year built:
1960
A broker reciprocity listing Courtesy: RE/MAX Connections II 815-568-9000
View additional info

ADDITIONAL INFORMATION

Opportunity knocks! 25,000 sqft Manufacturing building located on 2.16 Acres. Zone M manufacturing. Former die casting operation. Steady traffic on State Highway. Over 20,000 sqft of shop/work space. Two loading areas, one exterior & one interior. 13 to 16 foot ceilings. One drive-in overhead door. Plenty of parking/truck/trailer storage available. Two offices on main floor, & 3 more offices, common area, break room, locker rooms & more on the 2nd floor. Ready for your business or divide the space for multiple tenants.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11897761
Type:
Other
Year built:
1900
A broker reciprocity listing Courtesy: @properties Christie's International Real Estate 312-682-8500
View additional info

ADDITIONAL INFORMATION

Mixed-use property situated in Marengo's central business district allowing for many options. Property allows for rental investment, restaurant/store/office below, & live above. Presently, a fully functioning restaurant & bar with 5 gaming machines, occupies the first floor. The restaurant business has a liquor license and gaming license. Sale includes the restaurant & bar equipment currently being used to operate the business. This includes: prep & cooking equipment, coolers, tables & chairs, flat top grills, deep fryers, freezers, dishes & flatware, etc... Restaurant seats 75+ people (interior) and 25+ on the patio (exterior). Upstairs, you'll find three residential apartments. Situated at the corner of State St and Grant Highway in the Central Business District. High visibility with high traffic count. On-street parking in the front and in the rear you'll find a city-owned public parking lot for free parking for up to 50 cars in the rear. Accessible from the rear courtyard and the front entrances. Quick & easy access to Interstate 90 via newly constructed access ramps. Building is in good condition and move-in ready. Nicely remodeled units throughout. The exterior has been freshly painted. Well-illuminated exterior for better visibility. The lower level houses a walk-in cooler. Low maintenance and low on-going expenses. Central heating & air conditioning for the first floor. Electric baseboard heaters for the second floor. Separate utilities throughout. Good rental income (though rents could be increased). Fully occupied with leased tenants. Property includes separate PIN for adjacent lot to accommodate outdoor patio space. Currently owned by the same owner for the last 35 years. Steps to restaurants, bars, shops, and more!

Beds:
n/a
Baths:
Sq.Ft.:
18,000
Status:
Active
MLS#:
11376317
Type:
Other
Year built:
1984
A broker reciprocity listing Courtesy: Realty World Tiffany R.E. 847-395-1010
View additional info

ADDITIONAL INFORMATION

18,000 sq ft Brick & Block Building for Sale off major Highway in Marengo Il. Original 6,000 sq ft built prior to 1984. 12,000 sq ft addition built in 1984 and has been used as an Ace Hardware Store since. This building could be divided up into 3- 6,000 sq ft rentalable space units. Loading docks, large service doors, 13 foot ceilings and a very open floor plan. Several options and possibilities for this building. Marengo is an up and comming community with new direct access off of Interstate 90. Easy to show. Contact Listing agent.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Marengo Real Estate

Marengo is located in Illinois. Marengo, Illinois has a population of 8,280. Marengo is less family-centric than the surrounding county with 31.4% of the households containing married families with children. The county average for households married with children is 37.26%.

The median household income in Marengo, Illinois is $61,250. The median household income for the surrounding county is $82,230 compared to the national median of $57,652. The median age of people living in Marengo is 37.9 years.

Marengo Weather

The average high temperature in July is 83.6 degrees, with an average low temperature in January of 11.9 degrees. The average rainfall is approximately 37 inches per year, with 31 inches of snow per year.

Marengo Map

Marengo Real Estate Market Conditions

  • Median sales price

    $358,965
    9.68%
    change since last quarter
  • # Active listings

    117
    30-day change

Marengo Schools and Demographics

Education near Marengo, IL

City County
High School Graduates 90.22 92.75
College Degree - 2 year 7.39 8.87
College Degree - 4 year 18.67 33.23
Graduate Degree 5.99 8.9
Expenditures per Student 9,630 13,129
Students per Teacher 17.3 19.9

Elementary Schools near Marengo, IL

Grades Students P/T Ratio ZIP
Davenport Elementary School PK - 01 237 13.7 60135
Leggee Elementary School KG - 05 1,161 16.4 60142
Locust Elementary School PK - 03 521 17.5 60152
Riley Comm Cons School KG - 08 301 12.8 60152

Middle Schools near Marengo, IL

Grades Students P/T Ratio ZIP
Genoa-Kingston Middle School 06 - 08 435 15.3 60135
Marengo Comm Middle School 06 - 08 322 16.2 60152
Ulysses S Grant Intermediate School 04 - 05 209 16.7 60152

High Schools near Marengo, IL

Grades Students P/T Ratio ZIP
Genoa-Kingston High School 09 - 12 596 16.6 60135
Huntley High School 09 - 12 2,747 18.8 60142
Marengo High School 09 - 12 727 15.3 60152

Ungraded Schools near Marengo, IL

Grades Students P/T Ratio ZIP
* Evergreen Academy 08 - 12 19 60180

Demographics near Marengo, IL

City County
Neighborhood Type Suburban
Population 8,280 308,043
Population Density 1,047 511
Median Age 37.9 39.9
People per Household 2.8 2.8
Median Household Income 61,250 82,230
Average Income per Capita 27,330 36,208

Real estate near Marengo