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Property profile & analytics
OFF-MARKET
Land

I-90 & Anthony And Harmony Rds Marengo, IL 60152

Property ID
Property summary
AI-generated overview

This exceptional 296.13-acre property presents a unique investment opportunity in Marengo, Illinois. Ideally situated near the intersection of I-90 and Anthony and Harmony Roads in McHenry County, this expansive land parcel offers unparalleled accessibility and visibility. Currently zoned Agricultural, the property's versatile zoning allows for a range of commercial and agricultural uses, subject to local approvals. The single-tenant status provides flexibility for development or long-term leasing. With its substantial size and strategic location, this land offers significant potential for various ventures, from large-scale farming operations to commercial development projects. The property boasts a flat topography, making it suitable for a variety of uses. Utilities are available in the area, though specific connections would need to be verified independently. Detailed soil reports and environmental assessments are recommended for prospective buyers or lessees to fully understand the property's capabilities and potential limitations. This is a rare opportunity to acquire a significant land holding in a rapidly growing area of Illinois. The property's proximity to major transportation arteries ensures convenient access to regional markets and distribution networks. Interested parties are encouraged to conduct their own due diligence to assess the suitability of the property for their intended use. The zip code for this property is 60152.

Property profile
Verified
Property type Land
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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