315 Park Dr - Specialty FOR SALE


Marengo, IL 60152
$499,900 USD
815-236-9816
315 Park Dr, Marengo, IL for Sale
$499,900 USD
Specialty - FOR SALE
1/14
null | Request Cap Rate

315 Park Dr
Marengo, IL 60152


OVERVIEW

Free Standing Block and Brick Building ± 5,200 SF Free standing block and brick building at the busy corner of Park Dr. and Route 20 (Grant Highway) on 1.39 acres, in Marengo with signage on corner. Great location on the west side of town with ample gravel parking lot and large lawn area along Route 20. This former American Legion Hall is ideal for a restaurant, retail, or banquet facility. Ideal location just north of I-90/ Route 23 interchange. The current layout has a large banquet room, bar area and a former kitchen with triple basin sink, hand sink and 12’ hood. Lots of storage with 8x7 DID for deliveries. The building has been vacant, power and gas to be reconnected. Being sold “AS-IS.” High traffic corner site for potential re-development opportunity.

FOR SALE DETAILS

PRICE

$499,900 USD

PRICE/SF

$96 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

B2

APN/PARCEL ID

11-35-100-058

ASK ABOUT THIS PROPERTY

Heather SchweitzerPremier Commercial RealtyMore Info
815-236-9816

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Heather SchweitzerPremier Commercial RealtyMore Info
815-236-9816

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.