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Mostly Cleared Buildable Land Parcel

18312 Loretta Dr, Marengo, IL 60152

For Sale
$105,000

Mostly cleared buildable parcel with electric at the site and rolling terrain suited for a walkout design.

Property SizeContact for details
Lot Size3.00 Acres
Days on Market182

Property Features for 18312 Loretta Dr

General Information

Standard status Active
Lot size 3.00 Acres
Property subtype Vacant Land
Listing Agency: RE/MAX Connections II
Listed By: Ben Broughton · License #471018891
Source: Tumpanelegacy
Added: May 12 Changed: Oct 26 Last Checked: Nov 8 at 10:50AM

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.

Build your next home on this mostly cleared land parcel in Millstream Estates. The site offers a mix of open space and a wooded backdrop, with rolling terrain that can support a walkout basement design. The property is zoned to allow outbuildings and horses, providing flexibility for hobby and equestrian use.

Electric is already at the site, and the seller can provide home plans and septic design to help jumpstart the build. The property is located just north of Marengo, with convenient access to Metra, I-90 tollway, and nearby shopping and dining in Woodstock. The lot can also be purchased together with the adjacent parcel for a combined total of 6 acres.

Millstream Estates building requirements include a minimum 2,300 sq ft for ranch homes and 2,600 sq ft for two-story homes, with at least 80% brick or stone on the front exterior. If you’re looking for acreage with flexibility, this parcel at 18312 Loretta Drive is a strong fit for a custom build.

Key Highlights

  • 3‑acre buildable parcel in Millstream Estates, mostly cleared for construction
  • Electric is already at the site
  • Rolling terrain is suited for a walkout basement design

Property Analytics

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Open Analytics

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.

Location Intelligence

Trade Area within ½ mile

7
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Mostly cleared buildable parcel with electric at the site and rolling terrain suited for a walkout design.
Where is this residential land & home lot located?
The property is located at 18312 Loretta Dr Marengo, IL.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: 3‑acre buildable parcel in Millstream Estates, mostly cleared for construction; Electric is already at the site; Rolling terrain is suited for a walkout basement design
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