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104 W Railroad Street, Marengo, IL 60152

$995,000
  • 104 W Railroad Street, Marengo, IL 60152 Main Photo

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Active
SQUARE FEET3,150 MLS#12440486
STATUSActive PROPERTY TYPECommercial - Business

Property Description

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

104 W Railroad Street | MLS# 12440486

This commercial property located at 104 W Railroad Street, Marengo, IL 60152 is currently listed for sale with an asking price of $995,000. Search Marengo real estate on elmo.bhhscrosby.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.34 Acres
Stories: 2.0
Taxes: $7,575
Year Built: 1997

Feature Descriptions

Drains: Balcony/ies, Enclosed Stairs, Patio, Security Lighting, Storms and Screens (as exist)
Electric: Circuit Breakers, Service - 201 to 600 Amps
Exterior: Wood, Cedar, Brick/Stone Msn Pred
Fire Protection: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Foundation: Concrete Perimeter
Frontage Type: City Street, State Road
HVAC: Forced Air, Gas
Lot Dimensions: 121X192.6X2X78X129.5X105.9X14.1
Miscellaneous Outdoor: Balcony/ies, Enclosed Stairs, Patio, Security Lighting, Storms and Screens (as exist)
Number of Tenant(s): 3
Parcel#: 1135230012
Parking: 13-18 Spaces
Potential Use: Conditional Use, Other
Tenant Pays: Electricity, Heat, Varies by Tenant
Units: 3
Utilities: Electric to Site, Natural Gas Available, Water Available

Listed By / Shown By

Listed By

Agency Name: RE/MAX Connections II
Agency Phone: 815-568-9000

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