104 W Railroad Street new Save Request In-Person Tour Request Virtual Tour
Marengo,IL 60152
Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12492074
Annual Tax Amount $7,575
Tax Year 2024
Property Sub-Type Bus / Bus w/Real Est
Property 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 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
Location
State IL
County Mchenry
Zoning OTHER
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electricity Available,Natural Gas Available,Water Available
View Y/N true
Building
Water Municipal Water
Structure Type Wood