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Vacant Rural Land Parcel
For Sale
$120,000

18303 Loretta Drive, Marengo, IL 60152

3-acre vacant parcel with gently rolling terrain and utilities already available at the site.

Property Size2,300 SF
Lot Size3.00 Acres
Price / SF$52.17
Days on Market140

Property Features for 18303 Loretta Drive

General Information

Standard status Active
Size 2,300 SF
Lot size 3.00 Acres
Property subtype Land
Zoning AGRIC

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $81
Listing Agency: Berkshire Hathaway HomeServices Chicago
Listed By: Cris Sallmen
Source: Compass
Added: Mar 24 Changed: Aug 8 Last Checked: Mar 26 at 5:37AM

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 Berkshire Hathaway HomeServices Chicago

Investment Insights

Based on property information with market context.

This listing presents a vacant rural land parcel with gently rolling terrain, totaling 3 acres. The property is offered as land only and is positioned for future development, including options such as building a home and adding outbuildings like a barn or workshop.

The site is located in a quiet country setting, while still providing convenient access to nearby amenities. Gas and electric are already run to the site, which can support planning and construction.

The property also allows horses, making it suitable for buyers looking for rural living with the ability to keep animals.

Key Highlights

  • 3‑acre vacant land parcel with gently rolling terrain, offering open space for a future home and outbuildings
  • Gas and electric are already available at the site
  • Horses allowed, making the property suitable for equestrian use or a hobby farm setup

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Pet Grooming Service Garden Center Food Market

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

8
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 3-acre vacant parcel with gently rolling terrain and utilities already available at the site.
Where is this residential land & home lot located?
The property is located at 18303 Loretta Drive Marengo, IL.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: 3‑acre vacant land parcel with gently rolling terrain, offering open space for a future home and outbuildings; Gas and electric are already available at the site; Horses allowed, making the property suitable for equestrian use or a hobby farm setup
More about this property
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