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Property profile & analytics
OFF-MARKET
Commercial real estate

9211 Hill Rd Marengo, IL 60152

2 ac lot
Individually Owned 1-yr Hold
Property ID
US28-1285368
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique opportunity in the desirable Marengo, Illinois market. Located at 9211 S Hill Rd, this property, specifically lot 37 in the Riley Creek Subdivision, encompasses 2.0 acres of buildable land. The property is part of a larger selection of 10 available lots ranging from 2 to 7 acres, providing flexibility for various commercial ventures. The zoning regulations stipulate minimum square footage requirements for homes built on these lots: 2000 sq ft for single-story homes, 2400 sq ft for one-and-a-half-story homes, and 2600 sq ft for two-story homes. Accessory buildings are permitted, with a maximum size of 1500 sq ft, offering potential for additional structures such as workshops or storage facilities. The property boasts convenient access to major roadways, including the newly opened interchange at Route 23, ensuring easy commuting and transportation. The area is served by highly-rated schools and offers a desirable country lifestyle. This is an ideal location for businesses seeking a blend of rural tranquility and convenient access to urban amenities. The asking price for this 2-acre lot is $49,999. Don't miss this chance to secure a prime piece of commercial real estate in a thriving community. The property is located in McHenry County, Illinois, zip code 60152.

Property profile
Verified
Property type Commercial real estate
Lot 2 ac (87,120 SF)
UPID US28-1285368
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jacob Eads · 1 yrs held
Jacob Eads
since 2024
1 recorded transaction
2024
$18,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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