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    176 And Ctr Dr -, Unit C Marengo, IL 60152

    Sponsored
    For Sale
    $240,000

    Land - Marengo, IL

    Lot size:
    1.00 Acre
    Days on Market:
    68
    Last Refresh:
    Jan 6 at 10:06 pm

    Property Features for 176 And Ctr Dr -

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    APN
    1125478015
    Lot size
    1.00 Acre

    Building Details

    Architectural style
    Other

    Century 21 New Heritage (847) 683-2000 [email protected]

    Listing agent Corey Brackmann (847) 683-2000 License #475139224

    Listing date Oct 31, 2025

    MLS# 12291779 Listing URL

    Copyright © 2025 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.

    Overview

    Marengo Land Ready For Development

    This 1-acre land parcel is approved for the construction of up to 14 multifamily units. Located in Marengo, Illinois, the site benefits from its proximity to Interstate 90, accessible via Route 23. All utilities are available to the site, positioning it for development in time for the spring building season. The property is situated in an area with new townhome units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Marengo
    County
    McHenry
    State
    Illinois
    Longitude
    -88.6273
    Latitude
    42.2385

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    FAQs

    What type of property is this?
    Residential land & home lot - Land approved for 14 multifamily units near I-90.
    Where is this residential land & home lot located?
    The property is located at 176 And Ctr Dr -, Unit C Marengo, IL.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: - Approved for up to 14 Multifamily Units; - All utilities to the site; - Located in area of brand new townhome units
    (847) 683-2000
    Request Owner's contact information
    176 And Ctr Dr -, Unit C Marengo, IL 60152
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    176 And Ctr Dr -, Unit C Marengo, IL 60152
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