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Residential Land Lot

Lot 5 Loretta Drive, Marengo, IL 60152

For Sale
$105,000

Build-ready residential lot offering room to develop within Millstream Estates.

Property SizeContact for details
Lot Size3.00 Acres
Days on Market161

Property Features for Lot 5 Loretta Drive

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: Jun 2 Changed: Nov 8 Last Checked: Nov 8 at 9:39AM

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 offering is a residential land lot located in Millstream Estates. The property consists of approximately 3 acres, providing space for a future home site within the established community.

The lot is listed as Lot 5 on Loretta Drive in Marengo, IL. An adjacent 3-acre lot is also available, creating the option to purchase one lot or both if you’re looking for more contiguous land.

For buyers who want a residential building site in Millstream Estates, this parcel offers a straightforward opportunity to secure land and plan a home layout on a sizable tract. If you anticipate needing additional area for setbacks, outdoor space, or a larger site footprint, the availability of a neighboring 3-acre lot supports flexibility for acquiring more land in one transaction.

Key Highlights

  • 3‑acre build‑ready residential lot in Millstream Estates
  • Adjacent 3‑acre lot is available as well—buy one or both for additional land

Property Analytics

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

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

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build-ready residential lot offering room to develop within Millstream Estates.
Where is this residential land & home lot located?
The property is located at Lot 5 Loretta Drive 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 build‑ready residential lot in Millstream Estates; Adjacent 3‑acre lot is available as well—buy one or both for additional land
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