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Property profile & analytics
OFF-MARKET
Commercial real estate

8809 Hill Rd Marengo, IL 60152

2 ac lot
Property ID
US28-2037369
Property summary
AI-generated overview

This exceptional 2.06-acre commercial lot, situated in the desirable Riley Creek Subdivision (Lot 28), presents a unique opportunity for development in Marengo, Illinois. Located at 8809 S Hill Rd, zip code 60152, this property offers convenient access to major roadways, making it an ideal location for a variety of commercial ventures. The lot is part of a larger selection of 10 available lots, ranging from approximately 2 to 7 acres in size. Building requirements specify a minimum square footage of 2000 square feet for single-story homes, 2400 square feet for one-and-a-half-story homes, and 2600 square feet for two-story homes. Accessory buildings are permitted, with a maximum size of 1500 square feet. The property boasts a desirable country lifestyle setting while still providing easy access to excellent schools and major transportation routes. This is an exceptional opportunity to build in a sought-after location. The asking price for this property is $44,999. McHenry County location.

Property profile
Verified
Property type Commercial real estate
Lot 2 ac (87,120 SF)
UPID US28-2037369
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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