104 W Railroad ST Active

Marengo,IL 60152

$ 995000

- Bed

0 Bath

3150 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,150 sqft

Price per Sqft $315

MLS Listing ID 12058447

Year Built 1997

Annual Tax Amount $7,441

Tax Year 2023

Lot Dimensions 121X192.6X2X78X129.5X105.9X14.1

Property Sub-Type Mixed Use

Property Description

Excellent investment opportunity in Downtown Marengo, Fully Equipped Restaurant with Bar and 2 Apartments Upstairs, one 3 Bedroom and one 2 Bedroom (both rented). One Kitchen on the main Floor plus Bar and two Baths. Large Basement for storage, there is a large Prep Kitchen in the basement and 3 Large Walk-In Coolers plus a smaller Beverage Cooler. Built in 1997 with a large Addition added by the current owners, Bar Area remodeled in 2010 beautiful Oak construction. Wired for gaming machines off the bar area. 12 parking spaces, there is street parking plus a large municipal lot one block away. Investor buyers with a Food Truck can use the prep kitchen in the basement (which has inside and outside access) for your needs and rent the restaurant and apartments for income/investment. The main level could also be reconfigured into 2 or 3 apartments making this a 5 unit. Lots of possibilities in this well cared for building in the central business district.

Location

State IL

County Mchenry

Area Harmony / Marengo

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Natural Gas Available,Water Available

Building

Dwelling Type Mixed Use

Water Municipal Water

Level or Stories 2

Structure Type Cedar,Brick/Stone Msn Pred

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