NOT LISTED FOR SALE

19911 E Grant Hwy Marengo, IL 60152

Estimated Value: $215,000

10.53 Acres
$20,418 Price per Acre
458,687 Sq Ft Lot

Last Sold July 07, 2023

Last sale price $533,000

Current estimated payment $1,346/month

2,975 Days on Market

Highlights

  • 10.53 Acre Lot
  • Pole Barn
  • Silo

About This Lot

As of July 2023

PRICE REDUCED. 10.53 Acres Divisible Commercial development opportunity in Southwest McHenry County in the Marengo TIF District. Can easily be parceled off into sites ranging from .946-10.53 acres. The site has IL Route 20 frontage and is located across from the Northwest Business Center and Sullivan Foods, near other national retailers such as Taco Bell and Dunkin Donuts. I-90 interchange brings additional commerce to this area. A barn and several silos have been removed from property. See rendering for potential smaller sites. Pricing varies from $1.25-$2.65 psf depending on the size of subdivided parcel. Price for entire 10.53 acres is only $1.20 psf.

Last Agent to Sell the Property

Heather Schweitzer

Premier Commercial Realty License #471019756 Listed on: 01/29/2015

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $206

Lot Details

  • 10.53 Acre Lot
  • Lot Dimensions are 108x226x332x241x430x164x498x651
  • Property fronts a state road
  • Additional Parcels
  • Property is zoned COMMR

Utilities

  • Electricity To Lot Line
  • Gas Available at Street

Additional Features

  • Pole Barn
  • Silo

Property Details

Property Type

Land

Est. Annual Taxes

$206

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Office and Research, Retail
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: State Road
  • OtherStructures: Pole Building, Silo(s)
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas Nearby, Sanitary Sewer

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 10.53
  • Lot Dimensions: 108X226X332X241X430X164X498X651
  • Zoning: COMMR
  • Lot Size: 10.0-24.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 20
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 205.7
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2020
Sold by
Edge Ax Llc
Bought by
S & V Property Llc
Current Estimated Value
$215,000

Purchase Details

Closed on
Oct 3, 2012
Sold by
Coral Commerce Center Llc
Bought by
Edge Ax Llc

Purchase Details

Closed on
Jun 29, 2011
Sold by
Williams Thomas M and Oleary Michael
Bought by
Coral Commerce Center Llc

Purchase Details

Closed on
Oct 24, 2007
Sold by
Williams Thomas and Oleary Michael L
Bought by
City Of Woodstock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2007
Sold by
Kennedy Homes Lp
Bought by
Franks Herbert and Lindow Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
S & V Property Llc $29,000 Nlt Title Llc
Edge Ax Llc $617,336 None Available
Coral Commerce Center Llc -- None Available
City Of Woodstock $4,615,210 Cti
Williams Thomas $4,825,000 Cti
Franks Herbert -- Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Thomas $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold $533,000 -2.9% --
03/23/2023 03/23/23 Pending -- -- --
12/27/2022 12/27/22 For Sale $549,000 0.0% --
07/25/2022 07/25/22 For Sale $549,000 +3.0% --
07/21/2022 07/21/22 Off Market $533,000 -- --
05/18/2022 05/18/22 Pending -- -- --
05/11/2022 05/11/22 Pending -- -- --
01/26/2022 01/26/22 For Sale -- -- --
01/21/2022 01/21/22 Off Market $533,000 -- --
02/08/2021 02/08/21 For Sale $699,000 +31.1% --
01/21/2021 01/21/21 Off Market $533,000 -- --
01/31/2020 01/31/20 For Sale $699,000 +31.1% --
01/21/2020 01/21/20 Off Market $533,000 -- --
01/22/2019 01/22/19 For Sale $699,000 +31.1% --
01/16/2019 01/16/19 Off Market $533,000 -- --
01/09/2018 01/09/18 Price Changed $699,000 -17.8% --
01/29/2015 01/29/15 For Sale $850,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2020 $140 $1,504 $1,004 $500
2019 $665 $6,372 $882 $5,490
2018 $650 $6,260 $770 $5,490
2017 $673 $6,159 $669 $5,490
2016 $671 $6,069 $579 $5,490
2013 -- $27,513 $12,308 $15,205
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08826776

Midwest Real Estate Data (MRED)

APN: 17-06-100-025