1. Home
  2. > Search
  3. > Homes for Sale in Marengo
  4. > 218 S State Street, Marengo, IL 60152
$495,000
3,600
square ft

218 S State Street
Marengo, Illinois 60152

Closed / MLS #12037971 / Commercial / Mixed Use / Marengo
Listing information updated 7/13/2024 at 6:03am
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...
Built:
1900
Cooling System:
Space Pac,Wall Sleeve,Window Unit(s)
Stories:
2
Roof:
Membrane
Zoning:
COMMR
# of Offices:
3
Building Square Feet:
3,600
Current Net Income:
$53,663
Tax Amount:
$5,425
Tax Year:
2022
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 7/13/2024 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...
$318,537
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 218 S State Street, Marengo, IL 60152
Mortgage Calculator

Not quite what you are looking for?

Similar listings for sale near 218 S State Street, Marengo, IL 60152

Like the area?

More homes for sale near 218 S State Street, Marengo, IL 60152

New Listings in Marengo, IL

Recently Sold Homes in Marengo, IL

Nearby Homes for Sale

218 S State Street, Marengo, IL 60152 is a commercial / mixed use which sold for $495,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since April 24th, 2024 and was built in 1900.

Mortgage Calculator