38 Acres Residential Development
For Sale
Contact for pricing
0 Maple St, Marengo, IL
Residential development site approved for multiple housing types.
Property SizeContact for details
Lot Size38.00 Acres
Days on Market850
Property Features for 0 Maple St
General Information
Standard status
Active
Lot size
38.00 Acres
Property subtype
LAND
Listing Agency:
Blue Chip Commercial
(815) 355-0196
Listed By:
Tim Billimack · License #471000637
Source:
Moodyscre
Added: Apr 24, 2024
Changed: Aug 16
Last Checked: Aug 20 at 8:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blue Chip Commercial
Investment Insights
Based on property information with market context.
This 38-acre residential development site was previously approved for 54 duplexes and 24 single-family home sites. Complete project plans, including final engineering, are available for review. The City of Marengo will support alternative uses and density, such as senior housing, assisted living, and apartments. The property is located in an IHDA Opportunity Zone, approximately 1.5 miles north of the I-90/23 interchange and 3 miles north of the I-90/20 interchange.
Key Highlights
- 38‑acre residential development site with previously approved plans for 54 duplexes and 24 single‑family homes.
- Located in an Illinois Housing Development Authority (IHDA) Opportunity Zone.
- Complete project plans, including final engineering, are available for review.
Property Analytics
Property Profile
Current Use
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Trade Area within ½ mile
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Frequently Asked Questions
What type of property is this?
Land - Residential development site approved for multiple housing types.
Where is this land located?
The property is located at 0 Maple St Marengo, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 38‑acre residential development site with previously approved plans for 54 duplexes and 24 single‑family homes.; Located in an Illinois Housing Development Authority (IHDA) Opportunity Zone.; Complete project plans, including final engineering, are available for review.
