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$ 995,000
Est. payment | /mo
3,150 SqFt
$ 995,000
Est. payment | /mo
3,150 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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Listed by James Bohlander • RE/MAX Connections II
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "