$1,900,000
$2,200,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
24,600 SqFt
SOLD DATE : 05/22/2023
Key Details
Sold Price $1,900,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 24,600 sqft
Price per Sqft $77
MLS Listing ID 11294747
Sold Date 05/22/23
Year Built 2007
Annual Tax Amount $30,521
Tax Year 2021
Lot Dimensions 199X190X199X190
Property Description
Looking for your next Cash Cow? Check out this 24,600 sq ft building in Marengo's Growing Central Business District. Just 1 block from Rte 23 & 2 blocks from Rte 20. This building Currently offers 15 Loft style apartments on the 2nd floor & 3 Commercial tenants on the 1st floor. 100% occupancy!! Current Commercial tenants include Swedish American Medical Group, & Lee's Martial Arts. Residential tenants pay Rent only. Landlord pays utilities. 2nd floor coin-op laundry room. Plus an additional 2 unit building on same property. The 2 unit consists of a 2 br unit on 1st floor and studio on the 2nd floor. Tenants pay utilities in 2 unit. Hurry not many opportunities like this!!
Location
State IL
County Mc Henry
Area Harmony / Marengo
Zoning COMMR
Interior
Cooling Central Individual, Zoned
Flooring Carpet, Tile, Vinyl
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site
Building
Level or Stories 2
Structure Type Brick, Block
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Bought with Ben Broughton • RE/MAX Connections II
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "