Property profile

0 Lindow Ave Marengo, IL 60152

OFF-MARKET
Land
1.08 ac lot
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Property summary

AI-generated overview

This exceptional offering presents a rare opportunity to acquire fully improved commercial and industrial land parcels in the thriving Marengo, Illinois market. Located on Lindow Avenue in McHenry County (zip code 60152), these lots range in size from 1.08 to 4.93 acres, providing flexibility for a variety of development projects. The property boasts convenient access to two full 4-way interchanges on I-90, ensuring excellent connectivity and logistical advantages for businesses. The land is zoned BP, offering flexible zoning options to accommodate diverse commercial and industrial uses. A significant benefit is the inclusion of offsite detention, eliminating the need for on-site detention systems and streamlining the development process. The asking price for these parcels is $235,225. Low McHenry County taxes further enhance the attractiveness of this investment opportunity. This prime location, combined with the flexible zoning and convenient access to major transportation arteries, makes this an ideal site for businesses seeking a strategic location in a growing market. The fully improved nature of the lots minimizes upfront development costs, allowing for a quicker return on investment. Don't miss this chance to secure a valuable piece of commercial/industrial real estate in a highly desirable area.

Property profile

Verified
Property type Land
Lot 1.08 ac (47,045 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Lindow Ave Marengo, IL 60152
Marengo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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