Active

104 W Railroad St, Marengo, IL 60152

Mixed UseProperty Type
0.34 acresLot Size
1997Year Built

Description

Excellent investment opportunity in Downtown Marengo, Fully Equipped Restaurant with Bar and 2 Apartments Upstairs, one 3 Bedroom and one 2 Bedroom (both rented). One Kitchen on the main Floor plus Bar and two Baths. Large Basement for storage, there is a large Prep Kitchen in the basement and 3 Large Walk-In Coolers plus a smaller Beverage Cooler. Built in 1997 with a large Addition added by the current owners, Bar Area remodeled in 2010 beautiful Oak construction. Wired for gaming machines off...Excellent investment opportunity in Downtown Marengo, Fully Equipped Restaurant with Bar and 2 Apartments Upstairs, one 3 Bedroom and one 2 Bedroom (both rented). One Kitchen on the main Floor plus Bar and two Baths. Large Basement for storage, there is a large Prep Kitchen in the basement and 3 Large Walk-In Coolers plus a smaller Beverage Cooler. Built in 1997 with a large Addition added by the current owners, Bar Area remodeled in 2010 beautiful Oak construction. Wired for gaming machines off the bar area. 12 parking spaces, there is street parking plus a large municipal lot one block away. Investor buyers with a Food Truck can use the prep kitchen in the basement (which has inside and outside access) for your needs and rent the restaurant and apartments for income/investment. The main level could also be reconfigured into 2 or 3 apartments making this a 5 unit. Lots of possibilities in this well cared for building in the central business district. Restaurant and Bar also for Lease including lower level with storage/coolers/prep kitchen for $4000/month
435 days on Market
  • Listed by: James Bohlander 815.222.9639 jimbohlander@remax.net • RE/MAX Connections II
  • Listed by: Ben Broughton 815.790.4847 broughton54246@gmail.com • RE/MAX Connections II
Last updated: 09/25/2026 01:03 PM • Source: MRED as distributed by MLS GRID, MLS#: 12440486
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Property Information for 104 West Railroad Street

Property Details

  • Taxes: $7,575 / year
  • MLS Type: Commercial Sale
  • Area: Harmony / Marengo
  • Township: Marengo
  • Air Conditioning Type: Central Air
  • Zoning: OTHER

Building Information

  • Stories: 2
  • Residences: 3
  • Year Built: 1997
  • Lot Size: 0.34 AC / 14,810 SF

General Information

Addtl Parking Information
  • Outdoor Parking: 13-18 Spaces
Location and General Information
  • Frontage Type: City Street, State Road
  • Geographic Locale: Northwest Suburban
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No

Property Information

Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Service - 201 to 600 Amps
  • # Of Washers: 1
  • Heat/Ventilation: Forced Air,Gas
  • # Of Refrigerators: 2
  • # Of Dryers: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
  • Misc Outside: Balcony/ies,Enclosed Stairs,Patio,Security Lighting,Storms and Screens (as exist)
Utilities / Equipment
  • Water: Municipal Water
  • Utilities: Electric to Site, Natural Gas Available, Water Available
Property/Lot Information
  • Tenant Pays: Electricity, Heat, Varies by Tenant
  • Built Before 1978: No
  • Approximate Age: 26-35 Years
  • Lot Dimensions: 121X192.6X2X78X129.5X105.9X14.1
  • Lot Size Square Feet: 14810.0
  • Stories: 2
  • Exterior Building Type: Wood, Cedar, Brick/Stone Msn Pred
  • Construction: Wood, Cedar, Brick/Stone Msn Pred
  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Roof Structure: Gable,Truss
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 3150
  • # Of Offices: 0
  • Other SqFt: 3050
  • Retail SqFt: 3100
  • # Of Ranges: 2
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Conditional Use, Other
  • Public Document Count: 0
  • Property Offered: For Sale or Rent
  • Photos Count: 14
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Multi Family

Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $84,000.00
  • Insurance Expense: $4,800.00
  • Expense Year: 2024
  • Total Annual Expense Source: Owner Projection
  • Total Monthly Income: 7000
  • Net Operating Income: $70,518.00
  • Operating Expense: $13,481.00
  • Other Expense: $1,000.00
  • Trash Expense: $240.00
  • Water Sewer Expense: $.00

Property History for 104 West Railroad Street

DateEvent & SourcePriceAppreciation
Aug 5, 2025

Listed (Active)

MRED #12440486

$995,000—
Jul 31, 2025

Expired

MRED #12058447

$995,000—
May 30, 2024

Listed (Active)

MRED #12058447

$995,000—
DateEvent & SourcePrice
08/05/2025

Listed (Active)

MRED #12440486

$995,000
07/31/2025

Expired

MRED #12058447

$995,000
05/30/2024

Listed (Active)

MRED #12058447

$995,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

104 West Railroad Street

Beds

0

Lot Size

14,810 SqFt

Style

Single Family Residence

County

MCHENRY

APN

11-35-230-012

Schools near 104 West Railroad Street

This home is within Marengo-Union E Cons D 165 School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 6 to 8
Public - 9 to 12
Public - 4 to 5
Rating
School
Distance
Locust Elementary School
PublicPK to 3

Marengo Community Middle School
Public6 to 8

Marengo High School
Public9 to 12

Ulysses S Grant Intermediate School
Public4 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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104 West Railroad Street is a mixed use property for sale in Marengo, IL 60152. This property was listed for sale on August 5, 2025 by RE/MAX Connections II, it's currently listed at $995,000. It has been on the market for a total of 435 days and was last sold on September 22, 2006. This listing's school districts are Marengo Chsd 154 School District, Marengo-Union E Cons D 165 School District. Nearby schools include Locust Elementary School, Marengo Community Middle School and Marengo High School. 104 West Railroad Street is a 0-bed, 0-bath mixed use property built in 1997.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Connections II

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/25/2026 01:03 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.