Marengo, IL 60152,221 S State ST
Marengo, IL 60152,221 S State ST
Marengo, IL 60152,221 S State ST
$165,000
Est. payment /mo
$169,000
2.4%
Est.Price: ?

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SOLD DATE : 12/02/2024

Key Details

Sold Price $165,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12028899

Sold Date 12/02/24

Year Built 1900

Annual Tax Amount $4,069

Tax Year 2023

Lot Dimensions 50X30

Property Sub-Type Mixed Use

Property Description

Mixed-use property in the central business district of Marengo. Property is fully leased with a 60-day kick-out clause. The Commercial space is rented for $900/month and residential studio rented at $800/month, both through July 2025. Property allows for rental investment, store/office below & live above. Situated on main road in central business district with high visibility and traffic count. Plentiful on-street parking and access to public parking lot adjacent to property with 24 parking spaces. Quick & easy access to newly constructed Interstate 90 ramp. Move-in condition. Low maintenance. Lower-cost utilities. Central heating & air conditioning on 1st floor. Electric baseboard heater & wall-integrated air conditioner on 2nd floor. Cathedral ceiling on 2nd floor with a large street-facing window. Storage in unfinished basement. Steps to restaurants, bars, shops, and more!

Location

State IL

County Mchenry

Area Harmony / Marengo

Interior

Cooling Central Air

Fireplace N

Building

Level or Stories 2

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Midwest Real Estate Data (MRED) IDX
Listed by Kevin Carroccia • @properties Christie's International Real Estate
Bought with Damian Gallardo • Berkshire Hathaway HomeServices Starck Real Estate

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agent

Jaime Birks

+1(708) 259-6242

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