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    20003 Harmony Rd Marengo, IL 60152

    For Sale
    Contact for pricing

    Commercial land with high visibility and high capacity irrigation well.

    Lot size:
    150.00 Acres

    Property Features for 20003 Harmony Rd

    General Information

    Lot size
    150.00 Acres

    Source: Lee & Associates | Chicago Agent Jeff Provenza

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Marengo Land Near I-90

    This commercial land is ideally located between highway 20 and route 23, near I-90. The site benefits from high visibility on I-90, which sees 46,600 vehicles per day. A high-capacity irrigation well on the property produces 1000 gallons of water per minute from a 60-foot well. Future utilities are planned near route 23 and Harmony Road.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marengo
    County
    McHenry
    State
    Illinois
    Longitude
    -88.5875353
    Latitude
    42.1744745

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    FAQs

    What type of property is this?
    Land - Commercial land with high visibility and high capacity irrigation well.
    Where is this land located?
    The property is located at 20003 Harmony Rd Marengo, IL.
    What are key features of this property?
    This property features: - High capacity irrigation well (1000 gallons/minute, 60' well).; - Ideally located between highway 20 and route 23 off I-90.; - Great visibility on I-90.
    (773) 355-3000
    Request Owner's contact information
    20003 Harmony Rd 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
    20003 Harmony Rd Marengo, IL 60152
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