9314 Highway 23

Marengo, IL 60152

$1,200,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a view of swimming pool from a window
an aerial view of a house with a yard
a backyard of a house with table and chairs plants and large tree
a view of backyard with potted plants and a large tree
an aerial view of a house with a yard
an aerial view of a house
a living room with furniture and a flat screen tv
a living room with furniture windows and a fireplace
a view of a workspace with furniture
a kitchen with a sink stove and microwave
a kitchen with a stove a sink and a refrigerator
a living room with furniture and a flat screen tv
a bed sitting in a bedroom next to a window
a bedroom with a bed and a chandelier
a view of a room with gym equipment
a kitchen with stainless steel appliances a stove a microwave and a refrigerator
a view of a balcony with chairs and potted plants
a front view of a house with a yard and garage
a view of backyard with table and chair under an umbrella
a view of a terrace with chairs
an aerial view of a house with yard
a view of a patio with lawn chairs and a yard
a view of room with gym equipment
a view of storage and utility room
a view of storage and utility room
a view of a room with gym equipment
a utility room with dryer and washer

Description

Prime 4-acre live/work/invest opportunity along IL-23 in Marengo, IL! This versatile campus features a 2,400 SF ranch home, 2,400 SF upgraded machine shop, and 1.85 acres of level commercial land with frontage for future expansion. Dual residential and industrial zoning provides excellent flexibility. Offered for lease or sale.Prime 4-acre live/work/invest opportunity along IL-23 in Marengo, IL! This versatile campus features a 2,400 SF ranch home, 2,400 SF upgraded machine shop, and 1.85 acres of level commercial land with frontage for future expansion. Dual residential and industrial zoning provides excellent flexibility. Offered for lease or sale.
  1. Listed by Maria Regalado • GC Realty and Development
    P: (630)-587-7400 C: (630)-460-8284 tina@gcrealtyinc.com

Property Details for 9314 Highway 23

Area
Harmony / Marengo
Township
Riley
Air Conditioning Type
Central Air
Zoning
COMMR
LISTING UPDATED: 09/11/2025 12:07 AM

Property Details for 9314 Highway 23

StatusActive
MLS #12457725
Days on Market252
Taxes$7,500 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1972
Lot Size4.00 AC / 174,240 SF
CountyMcHenry County

Location

Listing Courtesy of GC Realty and Development
Add your commute

Building Information for 9314 Highway 23

Stories1Residences2Year Built1972Lot Size4.00 AC / 174,240 SF

Payment Calculator

$6,474 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,849

Property Taxes

$625

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9314 Highway 23

General Information
Location and General Information
  • Frontage Type: State Road
  • Geographic Locale: Northwest Suburban
  • Information: Show-Lock Box,Show-Special Instructions,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Separate Meters, Service - 201 to 600 Amps
  • # Of Washers: 0
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
  • # Of Refrigerators: 1
  • Washer/Dryer Lsd: No
  • # Of Dryers: 0
  • # Of Dishwashers: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
  • Misc Outside: Sun Deck,Other
Utilities / Equipment
  • Sewer: Septic Tank
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Repairs
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Lot Dimensions: 4 acres
  • Lot Size Square Feet: 174240.0
  • Stories: 1
  • Construction: Steel Siding, Wood
  • Roof Type: Composition
  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • # Of Offices: 0
  • # Of Ranges: 1
  • # Of Stores: 0
  • Warehouse SqFt: 2400
  • Property Sub Type: Mixed Use
  • MRD_UNC: Yes
Property and Assessments
  • Possible Use: Commercial, Single Family
  • Buyer Financing: Conventional, Lease Purchase, Rent w/ Option, Land/Lease
  • Public Document Count: 1
  • Document Date: 2025-08-28T18:11:35
  • Photos Count: 28
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $60,000.00
  • Gross Scheduled Income: $50,900.00
  • Insurance Expense: $1,600.00
  • Expense Year: 2024
  • Total Annual Expense Source: Owner Projection
  • Insurance Expense Source: Actual
  • Total Monthly Income: 5000
  • Operating Expense: $9,100.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 9314 Highway 23

DateEvent & SourcePriceAppreciation
Sep 5, 2025

Listed (Active)

MRED #12457725

$1,200,000—
DateEvent & SourcePrice
09/05/2025

Listed (Active)

MRED #12457725

$1,200,000

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

Public Records for 9314 Highway 23

Taxable ValueLand$8,813Additions$94,047Total$102,860
Tax Record2024$5,482 ($457 / month)
Home Facts
Beds0Total Finished SqFt1,568 SqFtAbove Grade Finished SqFt1,568 SqFtStories1Lot Size54,450 SqFtStyleSingle Family ResidenceYear Built1960CountyMCHENRYAPN16-23-200-003

Schools near 9314 Highway 23

This home is within Marengo Chsd 154 School District.
Rating
School
Type
Grades
Distance
Riley Community Cons School
Public - K to 8
Marengo High School
Public - 9 to 12
Rating
School
Distance
Riley Community Cons School
PublicK to 8

Marengo High School
Public9 to 12

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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More information about 9314 Highway 23, Marengo, IL 60152

9314 Highway 23 is a mixed use property for sale in Marengo, IL 60152. This property was listed for sale on September 5, 2025 by GC Realty and Development, it's currently listed at $1,200,000. This listing's school districts are Marengo Chsd 154 School District, Riley Central Consolidated School District 18. Nearby schools include Riley Community Cons School and Marengo High School. 9314 Highway 23 is a 0-bed, 0-bath, mixed use property built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of GC Realty and Development

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 09/11/2025 12:07 AM. 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.