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Listed by Ludmila Pisnenco-Climof Renovo Realty
$1,450,000
Est. payment /mo
19,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 19,500 sqft
Price per Sqft $74
MLS Listing ID 12510015
Year Built 1950
Annual Tax Amount $18,307
Tax Year 2023
Lot Dimensions 2.99acres
Property Sub-Type Retail/Stores
Property Description
Outstanding opportunity to acquire a fully upgraded commercial and light-industrial facility directly on U.S. Route 20 in Marengo, Illinois. This 19,500 SF building, situated on approximately 3 acres, was comprehensively remodeled in 2021 with new mechanical, electrical, and surface improvements throughout. The property offers a glass-front showroom and office section, conference room, multiple drive-in shop bays, and a fenced outdoor yard, allowing for a wide range of commercial and service-oriented uses. Three independent electrical and gas meters make the site multi-tenant ready, ideal for owner-users or investors. This building is not limited to automotive use - its configuration and zoning make it suitable for contractors, light manufacturing, warehousing, logistics, and mixed commercial operations. Highlights 19,500 SF total building area 3-acre parcel, improved and partially fenced Fully remodeled 2021 - structural, mechanical, and finish upgrades 5,000 SF showroom and office area with modern glass frontage 13,500 SF of flexible shop and work space divided into three sections Three separate electrical and gas meters for multi-tenant setup Upgraded HVAC, plumbing, and electrical systems New asphalt paving on whole property Configurable into four to five rentable sections Zoning: Commercial / Light Industrial Low Low Low county taxes Excellent visibility and signage exposure on U.S. 20 --- Flexible Use Potential Zoned Commercial / Light Industrial, the property supports a wide array of uses: Contractor or service shops (plumbing, HVAC, roofing, electrical, flooring) Light manufacturing or assembly operations Equipment sales, service, or rental business Distribution, storage, or warehouse operations Fleet or logistics base for delivery or service vehicles Showroom-based business (boats, RVs, construction equipment, flooring, or wholesale supply) Multi-tenant trade center or incubator park with separate utilities Outdoor storage or truck/equipment yard Redevelopment potential for flex-space or mini-storage complex Investment Highlights Multi-tenant ready with separate utilities and flexible layout Excellent exposure along U.S. Route 20 (Grant Highway) with strong daily traffic counts Ideal for owner-occupancy with rental income potential or as a full investment asset Low property tax burden compared to neighboring markets Modernized infrastructure minimizes maintenance costs Strong regional demand for industrial and service space near I-90
Location
State IL
County Mchenry
Zoning COMMR
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com