Price Reduced Listing
605 E Grant Highway,Marengo, IL 60152
Marengo, IL 60152
Description
Fantastic corner property with high visibility on IL RT 20, making it an ideal location for any business. Purchase for rental income or customize the space to suit your needs! There's ample room to expand the building or add more parking in the rear. The existing concrete parking lot provides access from both the side street and the main frontage. The interior features modern updates and large open spaces with just the right amount of separation, including three office-sized rooms, two grand rooms, storage areas, and bathroom facility. A striking double-door entrance welcomes visitors at the front of the building. Currently operating as a massage therapy office, the original structure is estimated to date back to 1930, with an expansion around early 2000's. Recent updates include vinyl flooring, modern accents, and a new AC unit installed in 2024. The tenant is interested in staying, dependent on new lease terms, current rent is 2,000/month, tenant pays all utilities. Owner covers insurance of 2,633/annually as well as snow and lawn; 45/per lawn mowing. Discover the potential of this versatile property!
Details
| MLS# | 12301588 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 54 |
| Listing Provided By | Real Broker, LLC | Michelle Gassensmith |
Features
| SQ Feet | 1,625 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Zoning | COMMR |
Market Activity 60152
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Learn More About This Property
| State | IL |
|---|---|
| County | McHenry |
| City | Marengo |
| Zip Code | 60152 |
| Area | Harmony | Marengo |
| Listing VS Median (in 60152) | |
Price: $190,000 low | high Med: $383,710 SqFt: 1,625 low | high Med: 1,993 $ / SqFt: $117 low | high Med: $197 On site: 54 low | high Med: 146.500000 | |