120 W Grant Highway Marengo, IL 60152
COMMERCIAL - Marengo, IL
- Added:
- Apr 27, 2026
- Days on Market:
- 77
- Last Refresh:
- Jul 12 at 10:06 am
Property Features for 120 W Grant Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 1135283011
- Size
- 1,176 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3770
Utilities
- Utilities
- Natural Gas Available
Building Details
- Year built
- 1954
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Block
- Roof type
- Rubber
Listing agent Sandra Butenschoen License #475081467 (847) 875-4960
Listing office CENTURY 21 New Heritage 203 W Grant Hwy, Hampshire, IL (815) 568-8093
Listing date Apr 27, 2026
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.6k | $15.00 |
| − Vacancy | −$1.4k | −$1.22 |
| EGI | $16.2k | $13.79 |
| − OpEx | −$4.9k | −$4.14 |
| NOI | $11.3k | $9.65 |
