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38 Acres Residential Development Site
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Forest St, Marengo, IL 60152

38 acres for residential development in Marengo, Illinois.

Property SizeContact for details
Lot Size38.00 Acres
Days on Market1433

Property Features for Forest St

General Information

Standard status Active
Lot size 38.00 Acres
Property subtype Land
Zoning R-1
Listing Agency: Blue Chip Commercial Real Estate LLC
Listed By: Tim Billimack · License #IL 471000637
Source: Crexi
Added: Sep 19, 2022 Changed: Aug 8 Last Checked: Aug 8 at 4:15AM

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 Blue Chip Commercial Real Estate LLC

Investment Insights

Based on property information with market context.

This 38-acre residential development site is located in the city of Marengo, Illinois. The property is situated 1.5 miles north of the I-90/23 interchange and 3 miles north of the I-90/20 interchange. The site may support alternative uses and density, such as senior housing, assisted living, and apartments.

Key Highlights

  • 38 Acres Residential Development Site
  • City of Marengo Location
  • Supports Alternative Uses & Density, including Senior Housing, Assisted Living, and Apartments

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

350
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 38 acres for residential development in Marengo, Illinois.
Where is this residential land & home lot located?
The property is located at Forest St Marengo, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 38 Acres Residential Development Site; City of Marengo Location; Supports Alternative Uses & Density, including Senior Housing, Assisted Living, and Apartments
More about this property
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