Marengo, IL 60152,218 S State Street
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Marengo, IL 60152,218 S State Street
Marengo, IL 60152,218 S State Street
Marengo, IL 60152,218 S State Street
Marengo, IL 60152,218 S State Street

$495,000

Est. payment /mo

$495,000

Est.Price: ?

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218 S State Street Marengo, IL 60152

3,600 SqFt

SOLD DATE : 07/11/2024

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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Listed by Kevin Carroccia • @properties Christie's International Real Estate
Bought with Damian Gallardo • Berkshire Hathaway HomeServices Starck Real Estate

Wade Marshall

Real Estate Advisor | License ID: 475.129060

+1(773) 450-1247

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