$ 169,000
221 S State Street Marengo, IL 60152
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$ 169,000
Est. payment /mo
Active Under Contract
221 S State Street Marengo, IL 60152
UPDATED:
09/17/2024 02:39 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12028899
Year Built 1900
Annual Tax Amount $4,069
Tax Year 2023
Lot Dimensions 50X30
Property 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!
Location
State IL
County Mchenry
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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Listed by Kevin Carroccia • @properties Christie's International Real Estate