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Office Building with Attached Garage
For Sale
$199,999

16903 Harmony Rd, Marengo, IL 60152

Open office space includes a kitchenette, half bath, and unfinished basement.

Property Size1,923 SF
Price / SF$104
Days on Market8

Property Features for 16903 Harmony Rd

General Information

Standard status Active
Size 1,923 SF
Zoning B2

Property Condition

Severity Repairs Needed
Evidence some water damage

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Property Use Office

Taxes and HOA fees

Annual Taxes $2,872

Amenities

kitchenette
brick gas fireplace
attached garage

Building Details

Year Built 1931
Buildings 1
Construction brick and terra cotta
Listing Agency: RE/MAX Connections II
Listed By: Ben Broughton · License #471018891
Source: Exprealty
Added: Oct 29 Changed: Nov 4 Last Checked: Nov 4 at 2:38PM

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 RE/MAX Connections II

Rey
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Investment Insights

Based on property information with market context.

This 1,923-square-foot office building dates to 1931 and features brick and terra cotta construction. The interior has an open work area, kitchenette, half bath, and brick gas fireplace. A full unfinished basement provides additional space, and the attached garage accommodates two cars. Water damage is present; the property is being sold as-is.

The property occupies a corner at the roundabout where Rt. 20 meets Harmony Rd. It sits on just under an acre, with a paved lot and two entrances, and is minutes from I-90. The site is zoned B2.

Key Highlights

  • 1,923‑square‑foot office building constructed in 1931
  • Brick and terra cotta exterior with a brick gas fireplace
  • Full unfinished basement, kitchenette, and half bath

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Kitchen & Bath Showroom Gym & Fitness Center

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Open office space includes a kitchenette, half bath, and unfinished basement.
Where is this office building located?
The property is located at 16903 Harmony Rd Marengo, IL.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: 1,923‑square‑foot office building constructed in 1931; Brick and terra cotta exterior with a brick gas fireplace; Full unfinished basement, kitchenette, and half bath
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