105 Municipal Dr Marengo, IL 60152
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.