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COMMERCIAL - Marengo, IL
Fantastic corner property with high visibility on IL RT 20, making it an ideal location for any business. Purchase for rental income or customize the space to suit your needs! There's ample room to expand the building or add more parking in the rear. The existing concrete parking lot provides access from both the side street and the main frontage. The interior features modern updates and large open spaces with just the right amount of separation, including three office-sized rooms, two grand rooms, storage areas, and bathroom facility. A striking double-door entrance welcomes visitors at the front of the building. Currently operating as a massage therapy office, the original structure is estimated to date back to 1930, with an expansion around early 2000's. Recent updates include vinyl flooring, modern accents, and a new AC unit installed in 2024. Official zoning is R-3, operating commer...
Fantastic corner property with high visibility on IL RT 20, making it an ideal location for any business. Purchase for rental income or customize the space to suit your needs! There's ample room to expand the building or add more parking in the rear. The existing concrete parking lot provides access from both the side street and the main frontage. The interior features modern updates and large open spaces with just the right amount of separation, including three office-sized rooms, two grand rooms, storage areas, and bathroom facility. A striking double-door entrance welcomes visitors at the front of the building. Currently operating as a massage therapy office, the original structure is estimated to date back to 1930, with an expansion around early 2000's. Recent updates include vinyl flooring, modern accents, and a new AC unit installed in 2024. Official zoning is R-3, operating commercially with a special use permit, rezoning can be completed through the city. Previous Tenant rented property for 2,000/mo and paid all utilities. Current Insurance is 2,633/annually. Discover the potential of this versatile property!
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