21714 Grant HwyMarengo, IL 60152
Marengo, IL: 8,411 SF, 9.03% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 93
Highlights
- Exceptional mixed-use property in Marengo, IL, totaling 8,411 square feet on a 2-acre lot.
- Currently fully leased with a strong NOI of $67,264 and a 9.03% cap rate.
- Three units: two retail spaces (collectibles store & gaming establishment) and one residential unit.
- B1 zoning allows for future renovations and rent increases.
- Priced at $745,000, offering an owner-user opportunity in a thriving McHenry County market.
Property Details for 21714 Grant Hwy
- Property type
- Other retail properties, Individual retail properties
- Square Feet
- 8,411 SF
- Buildings
- 1
- Stories
- 1
- Units
- 3
Location Insight
- City
- Marengo
- County
- McHenry
- State
- Illinois
- Latitude
- 42.2494149
- Longitude
- -88.6216852
Nearby Similar for Sale
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