11419 S Grant Highway Marengo, IL 60152

$775,000
11419 S Grant Highway, Marengo, IL 60152
09952896

Commercial Property for sale in Marengo, IL

for $775,000. This 9,628 square foot building was built on a lot size of 4.89 ACRES.

Property Information

  • $775,000
  • Commercial
  • 9,628 Square Feet
  • Taxes are $15,930
  • Free Standing Building
  • Business
  • Active
  • 1 Floors
  • Lot size of 4.89 ACRES
  • Marengo, IL
  • McHenry County
  • MLS/Web ID is 09952896

Description

Former sports bar/restaurant (Time Out) that had 5 video gaming machines until it closed. 9, 628 SF restaurant with large and small dining rooms, 2, 500 SF bar with 7 TV's and a separate game room. Situated on 4.89 acres with outdoor service bar, picnic tables and 2 lighted volleyball courts. Full kitchen with 2 hoods, walk in cooler and freezer. Pizza ovens, fryers, ovens, grease traps and more. (see list of FF&E). Living quarters include 1 or 2 bedroom, 1 bath apartment. Huge paved parking lot with monument signage. Located north of the I-90 interchange. Owner retired. Private sewage treatment plant with one acre for leach field. Asset sale only. No books or records available. Mammoth opportunity for experienced operator. Owner will finance with decent down or lease with option to buy. See photos and layout.

Interior 5

Cooling System

  • Central Air

Heating System

  • Forced Air
  • Gas

Interior

  • Storage

Sewer

  • Private Septic

Water Source

  • Private Well

Exterior 8

Building Type

  • Free Standing Building

Community Amenities

  • Lights

Construction

  • Steel Frame

Exterior

  • Patio

Parking

  • 100+ Parking Spaces
  • Lighted Parking
  • Open Parking
  • Paved
  • Private Lot

Road Frontage

  • State Road

Roof

  • Membrane

Zoning

  • Commercial

Miscellaneous 3

Commercial

  • Equipment Included
  • Fixtures/Furniture
  • Restroom(s)
  • Sale Includes Building
  • Sale Includes Business
  • Security System / Alarm

Location

  • Mixed Use

Utilities

  • Electric

† Excluded Feature

Listed By

Broker: PREMIER COMMERCIAL REALTY

11419 S Grant Highway, Marengo, IL, 60152 is a Commercial Property for sale at $775,000 with 9,628 sqft and a lot size of 4.89 ACRES. 11419 S Grant Highway has 0.0 baths. The property's zip code is 60152 which is in Marengo, IL

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Market Pricing

Average % of sale price Median % of sale price
All listings in Marengo $371,422 52 % below $249,900 68 % below
Commerical listings in Marengo $538,000 31 % below $575,000 26 % below

Get the facts about Marengo, IL!

Population 7,796
Population Growth (since 2000) 21 %
Median Income $57,079
Median Age 37.3
Households w/ Children 32 %

Residential Dwellings

  • Owned 2074
  • Vacant 226
  • Rented 771

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