Eco Friendly
Address
1405 N State Street Marengo, IL
Price
$ 4,000
Property Attributes
  • MLS#11297845
  • TypeCommercial
  • CountyMC HENRY
  • CityMarengo
  • AreaHarmony - Marengo
  • Zip60152
  • StyleCommercial,Special Use
  • Year Built1993
  • Taxes$ 9088
  • Price$ 4,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage25000
  • Lot Size0.918274 Acres
Listing Provided Courtesy Of:
RE/MAX Connections II
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Are you looking to bring your business to the next level? Or maybe even make your business more profitable by adding another supplemental stream of passive income to your businesses. Look no further! With this opportunity, any business start up or entrepreneur looking to expand their current business/location should take advantage of this once in a life time opportunity. Upon commencement of said lease. Lessee can inherit a passive U-Haul dealer business that provides an industry average of 70k NOI. Not only will this income take up none of your time and be straight CASH FLOW but it will inadvertently effect your current or future business. With the foot traffic increased, income increased, and your profitably through the roof this will open so many doors. This is a business opportunity that any entrepreneur should take full advantage of whilst they can and bring their business to the next level with this once in a lifetime opportunity/lease. Lessee will receive a fully conformed and renovated commercial office/retail space totaling 2,000 sqft. This rental space/location comes with a very large outdoor retail area that has a special use permit and zoned properly for an auto dealer, florist, or whatever your heart may desire. The main road frontage is off of one of the most highly trafficked roads in the area.

Price History
1/4/2022 Listed $4,000

General Features

City Marengo
Cooling Central Air
County Mc Henry
Current Use Commercial, Special Use
Days on Market 6
Directions Head North on Illinois Rt. 23
Electric Circuit Breakers, Fuses, Separate Meters, Power - 480V
Leasable Area 25000
Lease Type Net
Lot Size Square Feet 40000
MLS Area Harmony / Marengo
Net Operating Income 70000
Property Type Retail/Stores
Property Type Commercial Lease
Standard Status Active
Status Active
Stories 1
Street Name State
Tax Annual Amount 9088
Tax Year 2020
Tenant Pays Air Conditioning, Electricity, Heat
Total Actual Rent 4000
Total Units 1
Year Built 1993
Zoning MANUF

Interior Features

Street Suffix Street

Exterior Features

Exterior Brick
Frontage Type City Street, Frontage Road, State Road, US Highway, Paved
Lot Dimensions 300X135
Total Parking 50

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60152

Price
AVG $360K
$K
Taxes
AVG $7,992
$9,088
Visits
AVG 21
5
Year Built
AVG 1968
1993
Walkscore
AVG 46
11
Data Provided by Walkscore ® not using MLS data

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