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Property profile & analytics
OFF-MARKET
Specialty properties

105 Municipal Dr Marengo, IL 60152

1,500 SF 0.03 ac lot Built 1960
Property ID
Property summary
AI-generated overview

This exceptional 1,500 square foot retail space is perfectly situated in McHenry County's bustling downtown area, offering unparalleled convenience and visibility. Located on Illinois Route 23, this single-tenant property boasts a rare abundance of parking, with 37 spaces readily available, including access to a nearby municipal lot. Built in 1960, the building is a one-story, Class C structure, zoned B1 (Central Business District), providing ample opportunity for a variety of businesses. The property sits on a 0.03-acre lot and features 200-amp power. Its central location within the Far Northwest submarket of McHenry County makes it ideal for a coffee shop, bakery, restaurant, retail store, or office. The immediate availability of this space presents a unique opportunity for businesses seeking a high-traffic location with exceptional parking. The property's convenient access and ample parking are significant advantages in a competitive market. This is a rare opportunity to secure a well-located retail space with substantial parking in a thriving downtown area. Don't miss out on this chance to establish your business in a prime location.

Property profile
Verified
Property type Specialty properties
Year built 1960
Total area 1,500 SF
Lot 0.03 ac (1,307 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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