0 Marengo Road
0 Marengo Road
$210,000
161,607 / 3.71
Closed 4/6/21
Description
Rare opportunity! Almost 4 acres! High visibility Only 4.5 miles north of i-90 full 4-way interchange! Only $1.30 sq ft for b-2 zoning! This busy intersection is already a key component to idot's proposed 'roundabout' that's under construction (see idot proposal & diagram under "additional information"). The triangle now formed by busy u. S. Rt. 20 (grant highway), union & marengo rds will become a 5-legged roundabout or "hub". It's predicted this new intersection will improve traffic flow -- therefore...Rare opportunity! Almost 4 acres! High visibility Only 4.5 miles north of i-90 full 4-way interchange! Only $1.30 sq ft for b-2 zoning! This busy intersection is already a key component to idot's proposed 'roundabout' that's under construction (see idot proposal & diagram under "additional information"). The triangle now formed by busy u. S. Rt. 20 (grant highway), union & marengo rds will become a 5-legged roundabout or "hub". It's predicted this new intersection will improve traffic flow -- therefore improved exposure & desirability is anticipated for this property. It's currently zoned both b-2 in front and a-1 in back B-2 allows multiple commercial uses Highest & best usage may be retail strip, liquor sales -- perfect for gas station! Cell tower/income possibility. Refer to "zoning info" under "additional information" for the zoning table & acceptable uses. Adjacent (north) improved land is wild west town. Local government is 'development friendly'. The towns of marengo & union are booming & this is a great investment opportunity!
- Listed by Michelle Trebat • Worth Clark Realty
Sold By Worth Clark Realty
Property Details for 0 Marengo Road
Area
Union
TownshipCoral
OwnershipFee Simple
Num Of Cars0.0
ZoningCOMMR
Location
LISTING UPDATED: 05/05/2021 10:09 AM
Property Details for 0 Marengo Road
Status | Closed |
---|---|
MLS # | 10894812 |
Days on Market | 181 |
Taxes | $3,366 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land |
Year Built | - |
Lot Size | 3.71 AC |
County | McHenry County |
Location
Building Information for 0 Marengo Road
Lot Size3.71 AC
Payment Calculator
$1,427 per month
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Property Information for 0 Marengo Road
Property History for 0 Marengo Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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