$179,000 $961 est/mo Sourced by Back At You

221 S State Street,Marengo, IL 60152

Marengo IL, 60152

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Description

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!

Details

MLS#12028899
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1900
Days On Site38
Listing Provided By@properties Christie's International Real Estate | Kevin Carroccia

Features

Story(s)2
Units2

Market Activity 60152

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Learn More About This Property

StateIL
CountyMcHenry
CityMarengo
Zip Code60152
AreaHarmony | Marengo
Listing VS Median (in 60152)
Price:
$179,000
low | high
Med:
$404,595
76.030726256983% of Average
On Site:
38
low | high
Med:
90.500000
41.988950276243% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 8:31:36 PM PDT