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    Lindow Ave Marengo, IL 60152

    Sponsored
    For Sale
    $235,225

    1-5 acre lots, flexible zoning, I-90 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional offering presents a rare opportunity to acquire fully improved commercial and industrial land parcels in the thriving Marengo, Illinois market. Located on Lindow Avenue in McHenry County (zip code 60152), these lots range in size from 1.08 to 4.93 acres, providing flexibility for a variety of development projects. The property boasts convenient access to two full 4-way interchanges on I-90, ensuring excellent connectivity and logistical advantages for businesses. The land is zoned BP, offering flexible zoning options to accommodate diverse commercial and industrial uses. A significant benefit is the inclusion of offsite detention, eliminating the need for on-site detention systems and streamlining the development process. The asking price for these parcels is $235,225. Low McHenry County taxes further enhance the attractiveness of this investment opportunity. This prime location, combined with the flexible zoning and convenient access to major transportation arteries, makes this an ideal site for businesses seeking a strategic location in a growing market. The fully improved nature of the lots minimizes upfront development costs, allowing for a quicker return on investment. Don't miss this chance to secure a valuable piece of commercial/industrial real estate in a highly desirable area.

    Property Features for 0 Lindow Ave

    General Information

    Property type
    Land
    Lot Size
    47,045 SF

    HighLights

    • Rare opportunity to acquire fully improved commercial/industrial land parcels in Marengo, IL (60152).
    • Lots range from 1.08 to 4.93 acres, suitable for various development projects.
    • Excellent I‑90 access via two 4‑way interchanges.
    • BP zoning allows flexible commercial/industrial uses.
    • Offsite detention included, streamlining development.
    • Asking price: $235,225 with low McHenry County taxes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marengo
    County
    McHenry
    State
    Illinois
    Longitude
    -88.583038996857
    Latitude
    42.240463845592

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    FAQs

    What type of property is this?
    Land - 1-5 acre lots, flexible zoning, I-90 access.
    Where is this land located?
    The property is located at Lindow Ave Marengo, IL.
    What is the asking price?
    The asking price for this property is $235,225.
    What are key features of this property?
    This property features: Rare opportunity to acquire fully improved commercial/industrial land parcels in Marengo, IL (60152).; Lots range from 1.08 to 4.93 acres, suitable for various development projects.; Excellent I-90 access via two 4-way interchanges.
    Request Owner's contact information
    Lindow Ave 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
    Lindow Ave Marengo, IL 60152
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