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$165,000

221 S State Street
Marengo, Illinois 60152

Closed / MLS #12028899 / Commercial / Mixed Use / Marengo
Listing information updated 12/5/2024 at 6:03am
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!
Built:
1900
Cooling System:
Central Air
Stories:
2
# of Offices:
1
Current Net Income:
$14,028
Tax Amount:
$4,069
Tax Year:
2023
Zip Code:
60152
City:
Marengo
County:
Mchenry

Listing Office: @PROPERTIES

Listing Office Phone: 312.682.8500

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/5/2024 at 6:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Marengo

Marengo, IL

A friendly community with a booming manufacturing and business industry, the city of Marengo has experienced continual growth over the past 20 years.   Marengo is committed to historical preservation, with several buildings designated as historical landmarks. Homes in the area showcase Greek Reviv...
$318,817
Average Sale Price
65
Average Days On The Market
95%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 221 S State Street, Marengo, IL 60152
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221 S State Street, Marengo, IL 60152 is a commercial / mixed use which sold for $165,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since April 14th, 2024 and was built in 1900.

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