Listing Agency: Hoffman Realty c***@yahoo.com Show Phone

Listed By: Matthew Hoffman · License #475154045 Show Phone

Source: Exprealty

Added: Oct 8 Changed: Oct 16 Last Checked: Oct 16 at 2:17PM

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Investment Insights

Based on property information with market context.

This commercial land parcel is near a new I-90 interchange on State Highway 23, south of Marengo and 1/4 mile from the City of Marengo boundary. A small portion of the property is within a flood plain.

Full interchange access to State Route 23 is 3/4 mile away. The route is undergoing infrastructure improvements intended to attract manufacturing and logistics businesses. The property is also described as visible from I-90.

Key Highlights

• New I‑90 interchange on State Highway 23 is within one mile
• Full interchange access to State Route 23 is 3/4 mile away
• A small portion of the parcel is in a flood plain

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

17

Businesses Nearby

Explore this area Business Placement

Demographics for 60152, IL

12,382

Population

4,715

Households

2.6

Avg Household Size

42

Median Age

27%

College-Educated

94%

High-School Grad

95.4 sq mi

ZIP Area

130

Density / Sq Mi

$94,209

Median Household Income

$51,808

Median Earnings

$1,090

Median Rent

$259,200

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - A portion of the parcel lies within a flood plain, with State Route 23 access nearby.

Where is this commercial land located?

The property is located at 00 Riley Rd Marengo, IL.

What is the asking price?

The asking price for this property is $1,245,743.

What are key features of this property?

This property features: New I‑90 interchange on State Highway 23 is within one mile; Full interchange access to State Route 23 is 3/4 mile away; A small portion of the parcel is in a flood plain