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Property profile & analytics
OFF-MARKET
Land

0 Grant Hwy & Church Rd Marengo, IL 60152

25.2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 25.2-acre parcel presents a significant development opportunity in Marengo, Illinois. Located at the intersection of S Grant Highway and Church Road, this B-3 zoned land offers considerable flexibility for various commercial and residential uses. The property's strategic location along Route 20 ensures high visibility and accessibility. The site is divisible, allowing for tailored development plans to meet specific needs. Potential access points from Grant Highway and Church Road are indicated in available sketches. The B-3 zoning in McHenry County permits a wide range of development options, details of which can be found via the provided zoning link (not included here). This offering includes approximately 25.2 acres, with the possibility of further expansion given the adjacent 90 acres of E-1 zoned land owned by the same entity. The total asking price for this significant land holding is $1,286,000. Note that acreage is approximate pending a formal survey. The property's APN is 17-28-400-004. This is a rare opportunity to acquire a substantial tract of land in a thriving area with excellent potential for future growth and return on investment. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 25.2 ac (1,097,712 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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