1 Marengo Road, UNION

$285,000

0 Beds
0 Baths
217 Sqft
5 Acres
0 Garages

RARE OPPORTUNITY! ** 5.0 ACRES! ** HIGH VISIBILITY ** ONLY 4.5 MILES NORTH OF I-90 FULL 4-WAY INTERCHANGE! ** ONLY $1.30 SQ FT! THIS BUSY INTERSECTION IS ALREADY A KEY COMPONENT TO IDOT'S PROPOSED 'ROUNDABOUT' THAT'S TO BE CONSTRUCTED BY 2020 (SEE IDOT PROPOSAL & DIAGRAM UNDER "ADDITIONAL INFORMATION"). THE TRIANGLE NOW FORMED BY U.S. RT. 20 (Grant Highway), UNION & MARENGO RDS WILL BECOME A 5-LEGGED ROUNDABOUT OR "HUB". IT'S PREDICTED THIS NEW INTERSECTION WILL IMPROVE TRAFFIC FLOW -- THEREFORE IMPROVED EXPOSURE & DESIRABILITY IS ANTICIPATED FOR THIS PROPERTY. ** IT'S CURRENTLY ZONED BOTH B-2 AND A-1. ** B-2 ALLOWS MULTIPLE COMMERCIAL USES ** HIGHEST & BEST USAGE MAY BE RETAIL STRIP, LIQUOR SALES, GAS STATION! CELL TOWER/INCOME POSSIBILITY. REFER TO "ZONING INFO" UNDER "ADDITIONAL INFORMATION" FOR THE ZONING TABLE & ACCEPTABLE USES. ADJACENT (NORTH) IMPROVED LAND IS WILD WEST TOWN. LOCAL GOVERNMENT IS 'DEVELOPMENT FRIENDLY'. MARENGO/UNION IS BOOMING & GREAT INVESTMENT OPPORTUNITY!

Essential Information
MLS® #09772216
Price$285,000
Bathrooms0.00
Square Footage217
Acres5.00
TypeLot / Land
Sub-TypeLand
StatusActive
Community Information
Address1 Marengo Road
AreaUnion
CityUNION
CountyMc Henry
StateIL
Zip Code60180
Amenities
UtilitiesElectric Nearby
Exterior
Lot DescriptionCorner
Additional Information
ZoningCOMMR
Listing Details
OfficeWorth Clark Realty
Property History
Status Changed from New to Active
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Listing information last updated on July 18th, 2019 at 10:51am CDT.

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