0 39.23 Acres Riley RdMarengo, IL 60152

For Sale
$804,215

39 Acres, Prime Location, I-90 Access

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional commercial land offering presents a compelling investment opportunity in Marengo, Illinois. Encompassing approximately 39.23 acres, this property boasts a strategic location within one mile of the new I-90 tollway interchange at State Highway 23, south of Marengo. The land is primarily comprised of approximately 38.37 acres of cropland, ideal for various development possibilities. While a small portion lies within a floodplain, the property's overall potential remains significant. Soil classification includes Class B soils (Lahoguess, Comfrey, Selmass, and Warsaw) with a PI rating of 126.7. Currently, there are no existing buildings on the site. The property is identified by PIN # 16-22-400-001 and is situated in the Northwest quarter of the Southeast quarter of Section 22, Riley Township (T.43N-R.5E.), McHenry County, IL, zip code 60152. The asking price is $804,215, translating to $20,500 per acre. 2022 property taxes amounted to $1,451. This prime location, coupled with the substantial acreage and proximity to major transportation arteries, makes this a highly attractive investment prospect. Detailed soil reports and surveys are available upon request.

Highlights

  • ±39.23 acres of commercial land near the new I-90 tollway interchange, south of Marengo, IL.
  • Partially located in a floodplain; PI rating 126.7; Class B soils.
  • ±38.37 acres of cropland; no improvements.
  • Offered at $804,215, or $20,500 per acre.
  • PIN 16-22-400-001; 2022 taxes: $1,451.
  • Located in the NW ¼ of the SE ¼, Section 22, Riley Township, T43N-R5E, McHenry County, IL.

Property Details for 0 39.23 Acres Riley Rd

Property type
Other land, Land
Lot Size (sq. ft)
1,708,859 SF

Location Insight

City
Marengo
County
McHenry
State
Illinois
Latitude
42.1906861
Longitude
-88.6326067
39.23 Acres Riley Rd, Marengo, Illinois

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0 39.23 Acres Riley Rd
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