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0 Church

115.2 Acres of Commercial Land Offered at $3,536,000 in Marengo, IL 60152

Investment Highlights

  • 25.2 Acres B-3 Zoned Land $1,286,000
  • See Separate flyers
  • 90 Acres E-1 Zoned Land $2,250,000

Executive Summary

± 25.2 acres of B-3 zoned development land along Grant Highway (Route 20) in unincorporated Marengo.
The EAST side of Grant Highway has ±14.17 acres zoned B-3 that is divisible to smaller parcels to accommodate development needs. Potential for an easement access road from Grant Highway and/or Church Road (see sketch). $723,000.
The WEST side of Grant Highway has ±11.03 acres zoned B-3 which is also divisible. A potential access road from Cornerstone Way to Church Road can provide potential access on the west side of the parcels (see sketch). $563,000.
B-3 zoning in McHenry county allows for several uses. See zoning link for potential uses.

± 90 acres of E-1 zoned development land along Grant Highway (Route 20) in unincorporated Marengo.
The EAST side of Grant Highway has ±38 acres zoned E-1 that is wooded with pond and is an ideal location for residential development with magnificent views of the surrounding area from atop the hill. Potential for an easement access road from Grant Highway and/or Church Road (see Sketch) $950,000.
The WEST side of Grant Highway has ±52 acres zoned E-1 flat land ideal for a subdivision with access from Church Road or from Cornerstone Way. $1,300,000.
See zoning link for potential uses. § 16.32.060 ZONING DISTRICT USES. (amlegal.com)

Property Facts

Price $3,536,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office Park
  • Single Family Development
Total Lot Size 115.20 AC
Cross Streets Grant Hwy.

1 Lot Available

Lot

Price $3,536,000
Price Per AC $30,694
Lot Size 115.20 AC

25.2 Acres of B3 Zoned Land and 90 Acres of E1 Zoned Land

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 17-27-300-002
  • 17-28-400-008
  • 17-27-300-013
  • 17-28-400-004
Land Assessment
$36,653
Improvements Assessment
$0
Total Assessment
$36,653

zoning

Zoning Code B3, E1 (https://codelibrary.amlegal.com/codes/mchenrycounty/latest/mchenrycounty_il/0-0-0-35979)
B3, E1 (https://codelibrary.amlegal.com/codes/mchenrycounty/latest/mchenrycounty_il/0-0-0-35979)
  • Listing ID: 23655672

  • Date on Market: 7/12/2021

  • Last Updated:

  • Address: 0 Church, Marengo, IL 60152

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