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Property profile & analytics
OFF-MARKET
Commercial real estate

20406 Halverson Dr Marengo, IL 60152

4.32 ac lot
Individually Owned 1-yr Hold
Property ID
US28-1913461
Property summary
AI-generated overview

This exceptional 4.32-acre commercial lot is situated in the desirable Riley Creek Subdivision, lot 4, in Marengo, Illinois (60152), McHenry County. Located at 20406 Halverson Dr, this property presents a unique opportunity for developers and businesses seeking a strategic location. The lot offers ample space for various commercial ventures, with zoning allowing for the construction of substantial buildings. Minimum square footage requirements for homes are 2000 sq ft for single-story, 2400 sq ft for one-and-a-half-story, and 2600 sq ft for two-story structures. Accessory buildings are permitted, with a maximum size of 1500 sq ft, providing additional flexibility for development. The property benefits from its proximity to excellent schools, including Riley Elementary and Marengo High School, and enjoys convenient access to major roadways via the newly opened interchange at Route 23. This location offers a blend of rural tranquility and easy access to urban amenities. The asking price for this exceptional property is $79,999. There are additional lots available ranging from approximately 2 to 7 acres. Embrace the country lifestyle while enjoying the benefits of a strategic location.

Property profile
Verified
Property type Commercial real estate
Lot 4.32 ac (188,179 SF)
UPID US28-1913461
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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by Request
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Jaime Soriano · 1 yrs held
Jaime Soriano
since 2025
1 recorded transaction
2025
$40,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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