NOT LISTED FOR SALE

Lot 2 N Prospect St Marengo, IL 60152

6 Acres
-- Price per Acre
243,936 Sq Ft Lot

Last Sold October 14, 2022

Last sale price $180,000

1,510 Days on Market

About This Lot

As of October 2022

5.6 acres of commercially zoned land just off Route 176 in the city limits of Marengo, a city about to boom with the addition of a 4-way interchange at I-90. 677' of frontage. Owner was going to build a building but bought a condo instead. Soil and environmental reports on file. Only $.82 psf. Build and roll onto a SBA loan with only 10% down!

Last Agent to Sell the Property

Bruce Kaplan

Premier Commercial Realty License #475075614 Listed on: 08/03/2018

Co-Listed By

Kevin Kaplan, CCIM

Entre Commercial Realty, LLC License #475168120

Last Buyer's Agent

Tom Jurs

Hometown Realty, Ltd. License #471009753

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,167

Lot Details

  • 5.6 Acre Lot
  • Lot Dimensions are 677x827x204x525
  • Property is zoned COMMR

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$4,167

Lot Details

0

Listing Details

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

Interior Features

  • Possible Use: Commercial
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 677
  • Frontage Type: City Street
  • List Price: 199000
  • Waterfront: No
  • Rail Availability: None

Garage/Parking

  • Number of Cars: 0

Utilities

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

Schools

  • Middle/Junior School District: 165

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 5.6
  • Lot Dimensions: 677X827X204X525
  • Zoning: COMMR
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: U
  • Subdivision Lot Number: 2
  • Estimated Land Sq Ft: 243936
  • Land Description: Irregular,Level
  • Total Listed Lots Avail: 1

Rental Info

  • Board Number: 20
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 4166.66
  • Tax Year: 2021

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $180,000 -9.5% --
09/20/2022 09/20/22 Pending -- -- --
07/26/2022 07/26/22 Price Changed $199,000 -11.6% --
07/24/2020 07/24/20 Price Changed $225,000 -5.9% --
08/02/2018 08/02/18 For Sale $239,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10040493

Midwest Real Estate Data (MRED)