605 E Grant Highway Marengo, IL $ 175,000
605 E Grant Highway
$ 175,000
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605 E Grant Highway

Marengo, IL, 60152
$ 175,000
Bedrooms-- Baths-- Sq 1,625

Monthly Estimate*

$ 1,092

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605 E Grant Highway, Marengo, IL 60152 - Image 12

Commercial Property for sale in Marengo, IL

for $175,000. This 1,625 square foot building was built in 1930 on a lot size of 0.288131.

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. The tenant is interested in staying, dependent on new lease terms, current rent is 2,000/month, tenant pays all utilities. Owner covers insurance of 2,633/annually as well as snow and lawn; 45/per lawn mowing. Discover the potential of this versatile property!

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Commercial Contingent

Price

$ 175,000

Property Type

Commercial

Taxes

$ 6,460

Style

Commercial

Lot Size

0.288131

Year Built

1930

Town/City

Marengo

County/Region

McHenry

MLS | Web ID

12380729

Features
General
Cooling Central Air
Possession Tenant's Rights
Roof Shake
Zoning COMMR
Construction Materials Wood Vinyl Siding
Year Built 1930
Electric Circuit Breakers
Tenant Pays Electricity Heat Sewer
Stories Count 1
Property Subtype Mixed Use
Tax Year 2023
Current Use Commercial
Gross Income 24000
County McHenry
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Contingency Attorney/Inspection
Status Contingent
Directions From the intersection of IL RT 23 and IL RT 20 head east on IL Route 20 to reach the property.
City Marengo
Number Of Units Total 1
MLS Area Harmony / Marengo
Lot Size Square Feet 12551
Tax Annual Amount 6460.22
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active Under Contract
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Interior
Flooring Vinyl
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 1625
Lot Dimensions 97 X 116 X 118 X 120 X 213
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* Excluded Features
List By
Real Broker, Llc

Broker

michelle@gassensmithgroup.com

Email

Affordability Calculator

$1,630
Per Month
67%
33%
0%
Monthly Principal & Interest
$1,092
Monthly Property Taxes
$538
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/2/2025$175,000 -2.78% Price Down
6/1/2025$180,000 Listed Price

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605 E Grant Highway, Marengo, IL, 60152 is a Commercial Property for sale at $175,000 with 1,625 sqft and a lot size of 0.288131. 605 E Grant Highway was built in 1930. The property's zip code is 60152 which is in Marengo, IL