315 Park Dr
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315 Park Dr
5,200 SF Specialty Building Offered at $499,900 in Marengo, IL 60152
Executive Summary
Free Standing Block and Brick Building
± 5,200 SF
Free standing block and brick building at the busy corner of Park Dr. and Route 20 (Grant Highway) on 1.39 acres, in Marengo with signage on corner.
Great location on the west side of town with ample gravel parking lot and large lawn area along Route 20. This former American Legion Hall is ideal for a restaurant, retail, or banquet facility. Ideal location just north of I-90/ Route 23 interchange.
The current layout has a large banquet room, bar area and a former kitchen with triple basin sink, hand sink and 12’ hood. Lots of storage with 8x7 DID for deliveries.
The building has been vacant, power and gas to be reconnected. Being sold “AS-IS.” High traffic corner site for potential re-development opportunity.
± 5,200 SF
Free standing block and brick building at the busy corner of Park Dr. and Route 20 (Grant Highway) on 1.39 acres, in Marengo with signage on corner.
Great location on the west side of town with ample gravel parking lot and large lawn area along Route 20. This former American Legion Hall is ideal for a restaurant, retail, or banquet facility. Ideal location just north of I-90/ Route 23 interchange.
The current layout has a large banquet room, bar area and a former kitchen with triple basin sink, hand sink and 12’ hood. Lots of storage with 8x7 DID for deliveries.
The building has been vacant, power and gas to be reconnected. Being sold “AS-IS.” High traffic corner site for potential re-development opportunity.
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | $499,900 | Lot Size | 1.39 AC |
Price Per SF | $96 | Building Size | 5,200 SF |
Sale Type | Owner User | No. Stories | 1 |
Property Type | Specialty | Year Built | 1971 |
Property Subtype | Lodge/Meeting Hall | Tenancy | Single |
Building Class | B | Parking Ratio | 14.42/1,000 SF |
Price | $499,900 |
Price Per SF | $96 |
Sale Type | Owner User |
Property Type | Specialty |
Property Subtype | Lodge/Meeting Hall |
Building Class | B |
Lot Size | 1.39 AC |
Building Size | 5,200 SF |
No. Stories | 1 |
Year Built | 1971 |
Tenancy | Single |
Parking Ratio | 14.42/1,000 SF |
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PROPERTY TAXES
Parcel Number | 11-35-100-058 | Total Assessment | $98,619 |
Land Assessment | $27,242 | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $71,377 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
11-35-100-058
Land Assessment
$27,242
Improvements Assessment
$71,377
Total Assessment
$98,619
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
Zoning Code | B2 |
B2 |
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315 Park Dr
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