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218 S State Street Marengo, IL 60152
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Key Details
Sold Price $495,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $137
MLS Listing ID 12037971
Sold Date 07/11/24
Year Built 1900
Annual Tax Amount $5,425
Tax Year 2022
Lot Dimensions 42X38.08X40.5X36.28
Property Description
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...
Location
State IL
County Mchenry
Zoning COMMR
Interior
Cooling Space Pac, Wall Sleeve, Window Unit(s)
Flooring Varies
Fireplace N
Exterior
View Y/N true
Roof Type Membrane
Building
Foundation Stone
Structure Type Brick,Steel Siding,Wood Frame
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Bought with Damian Gallardo • Berkshire Hathaway HomeServices Starck Real Estate