20302 Halverson Dr Marengo, IL 60152
This exceptional 1.93-acre commercial lot, situated in the Riley Creek Subdivision (Lot 8), presents a unique opportunity in Marengo, Illinois. Located at 20302 Halverson Dr, zip code 60152, this property offers a prime location with easy access to major roadways via the newly opened interchange at Route 23. The lot is part of a development featuring a total of ten available lots, ranging in size from approximately two to seven acres. This particular parcel provides ample space for various commercial ventures. While residential construction is possible, there are minimum square footage requirements: 2000 square feet for a one-story home, 2400 square feet for a one-and-a-half-story home, and 2600 square feet for a two-story home. Accessory buildings are permitted, with a maximum size of 1500 square feet, providing flexibility for additional structures. The area boasts excellent schools and a desirable country lifestyle. The asking price for this exceptional property is $49,999. This is a rare opportunity to acquire a well-situated commercial lot in a thriving community. Don't miss out on this chance to build your business in a prime location. Contact us today to learn more.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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