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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)
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 | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | |
No. Lots | 1 | Total Lot Size | 115.20 AC |
Property Type | Land | Cross Streets | Grant Hwy. |
Price | $3,536,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 115.20 AC |
Cross Streets | Grant Hwy. |
1 Lot Available
Lot
Price | $3,536,000 | Lot Size | 115.20 AC |
Price Per AC | $30,694 |
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
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 | |
Land Assessment | $36,653 | Total Assessment | $36,653 |
PROPERTY TAXES
Parcel Numbers
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) |
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