104 W Railroad Street Marengo, IL $ 995,000
104 W Railroad Street
$ 995,000
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104 W Railroad Street

Marengo, IL, 60152
$ 995,000
Bedrooms-- Baths-- Sq 3,150

Monthly Estimate*

$ 6,208

104 W Railroad Street, Marengo, IL 60152 - Image 1
104 W Railroad Street, Marengo, IL 60152 - Image 2
104 W Railroad Street, Marengo, IL 60152 - Image 3
104 W Railroad Street, Marengo, IL 60152 - Image 4
104 W Railroad Street, Marengo, IL 60152 - Image 5
104 W Railroad Street, Marengo, IL 60152 - Image 6
104 W Railroad Street, Marengo, IL 60152 - Image 7
104 W Railroad Street, Marengo, IL 60152 - Image 8
104 W Railroad Street, Marengo, IL 60152 - Image 9
104 W Railroad Street, Marengo, IL 60152 - Image 10
104 W Railroad Street, Marengo, IL 60152 - Image 11
104 W Railroad Street, Marengo, IL 60152 - Image 12
104 W Railroad Street, Marengo, IL 60152 - Image 13
104 W Railroad Street, Marengo, IL 60152 - Image 14

Commercial Property for sale in Marengo, IL

for $995,000. This 3,150 square foot building was built in 1997 on a lot size of 0.339991.

Excellent investment opportunity in Downtown Marengo, Fully Equipped Restaurant with Bar and 2 Apartments Upstairs, one 3 Bedroom and one 2 Bedroom (both rented). One Kitchen on the main Floor plus Bar and two Baths. Large Basement for storage, there is a large Prep Kitchen in the basement and 3 Large Walk-In Coolers plus a smaller Beverage Cooler. Built in 1997 with a large Addition added by the current owners, Bar Area remodeled in 2010 beautiful Oak construction. Wired for gaming machines off the bar area. 12 parking spaces, there is street parking plus a large municipal lot one block away. Investor buyers with a Food Truck can use the prep kitchen in the basement (which has inside and outside access) for your needs and rent the restaurant and apartments for income/investment. The main level could also be reconfigured into 2 or 3 apartments making this a 5 unit. Lots of possibilities in this well cared for building in the central business district. Restaurant and Bar also for Lease including lower level with storage/coolers/prep kitchen for $4000/month

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Commercial Active

Price

$ 995,000

Property Type

Commercial

Taxes

$ 7,575

Style

Lot Size

0.339991

Year Built

1997

Town/City

Marengo

County/Region

McHenry

MLS | Web ID

12440486

Features
General
Cooling Central Air
Utilities Electricity Available Natural Gas Available Water Available
Possession Closing
Zoning OTHER
Construction Materials Wood Cedar Brick/Stone Msn Pred
Year Built 1997
Electric Circuit Breakers Service - 201 to 600 Amps
Tenant Pays Electricity Heat Varies by Tenant
Stories Count 2
Township Marengo
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
County McHenry
Net Operating Income 70518
Operating Expense 13481
Insurance Expense 4800
Property Type Commercial Sale Mixed Use
Possible Use Other
Status Active
Directions From Rt20/23 North on Rt 23 to Railroad Property is on NW Corner of Rt 23 and Railroad
City Marengo
Number Of Units Total 3
MLS Area Harmony / Marengo
Lot Size Square Feet 14810
Tax Annual Amount 7575.22
Electric Expense 0
Fuel Expense 0
Trash Expense 240
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Total Actual Rent 4000
Cap Rate 0.07
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 3150
Lot Dimensions 121X192.6X2X78X129.5X105.9X14.1
Frontage Type City Street State Road
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* Excluded Features
List By
Re/Max Connections Ii

Broker

jimbohlander@remax.net

Email

Affordability Calculator

$6,839
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,208
Monthly Property Taxes
$631
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
8/7/2025$995,000 Listed Price

Map


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104 W Railroad Street, Marengo, IL, 60152 is a Commercial Property for sale at $995,000 with 3,150 sqft and a lot size of 0.339991. 104 W Railroad Street was built in 1997. The property's zip code is 60152 which is in Marengo, IL