605 East Grant Highway

Marengo, IL 60152

$230,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fantastic corner property with high visibility on IL RT 20, making it an ideal location for any business. Purchase for rental income or customize the space to suit your needs! There's ample room to expand the building or add more parking in the rear. The existing concrete parking lot provides access from both the side street and the main frontage. The interior features modern updates and large open spaces with just the right amount of separation, including three office-sized rooms, two grand rooms,...Fantastic corner property with high visibility on IL RT 20, making it an ideal location for any business. Purchase for rental income or customize the space to suit your needs! There's ample room to expand the building or add more parking in the rear. The existing concrete parking lot provides access from both the side street and the main frontage. The interior features modern updates and large open spaces with just the right amount of separation, including three office-sized rooms, two grand rooms, storage areas, and bathroom facility. A striking double-door entrance welcomes visitors at the front of the building. Currently operating as a massage therapy office, the original structure is estimated to date back to 1930, with an expansion around early 2000's. Recent updates include vinyl flooring, modern accents, and a new AC unit installed in 2024. The tenant's lease extends through March but is open to renewing, current rent is 2,000/month, tenant pays all utilities. Discover the potential of this versatile property!
  1. Listed by Michelle Gassensmith • Real Broker, LLC
  2. Listed by Kiana Kozin • Real Broker, LLC

Property Details for 605 East Grant Highway

Area
Harmony / Marengo
Zoning
COMMR
LISTING UPDATED: 11/05/2024 01:49 PM

Property Details for 605 East Grant Highway

StatusActive
MLS #12190288
Days on Market21
Taxes$6,460 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1930
Lot Size0.29 AC / 12,551 SF
CountyMcHenry County

Building Information for 605 East Grant Highway

Stories1Residences1Year Built1930Lot Size0.29 AC / 12,551 SF

Property Information for 605 East Grant Highway

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Geographic Locale: Northwest Suburban
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Flooring: Vinyl
  • Heat/Ventilation: Forced Air,Gas
  • Misc Inside: Accessible Entrance
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
  • Misc Outside: Handicapped Design
Property/Lot Information
  • Tenant Pays: Electricity, Heat, Sewer
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 97 X 116 X 118 X 120 X 213
  • Lot Size Square Feet: 12551.0
  • Stories: 1
  • Exterior Building Type: Vinyl Siding
  • Construction: Wood Frame
  • Roof Type: Shake
  • Fire Protection: Fire Extinguisher/s
  • Roof Structure: Mansard
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 1625
  • # Of Offices: 1
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-10-26T14:06:14
  • Photos Count: 12
Miscellaneous
  • Current Use: Commercial
  • Location: Corner
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $24,000.00
  • Gross Scheduled Income: $24,000.00
  • Insurance Expense: $.00
  • Total Monthly Income: 2000
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 605 East Grant Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 605 East Grant Highway

Taxable ValueLand$26,488Additions$49,904Total$76,392
Tax Record2023$6,460 ($538 / month)
Home Facts
Lot Size12,551 SqFtStyleMiscellaneous CommercialCountyMCHENRYAPN11-36-377-042

Schools near 605 East Grant Highway

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.

Similar Homes

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Similar Sold Homes

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605 East Grant Highway is a mixed use property for sale in Marengo, IL 60152. This property was listed for sale on October 26, 2024 by Real Broker, LLC, it's currently listed at $230,000. It has been on the market for a total of 21 days and was last sold on February 28, 2023. This listing's school districts are Marengo-Union E Cons D 165 School District, Marengo Chsd 154 School District. Nearby schools include Locust Elementary School, Marengo Community Middle School and Marengo High School. 605 East Grant Highway is a 0-bed, 0-bath, mixed use property built in 1930.

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 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 Real Broker, LLC

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. Based on information submitted to the MLS GRID as of 11/05/2024 01:49 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.