The median home value in Marengo, IL is $240,000.
This is
lower than
the county median home value of $253,000.
The national median home value is $308,980.
The average price of homes sold in Marengo, IL is $240,000.
Approximately 68% of Marengo homes are owned,
compared to 25% rented, while
7% are vacant.
Marengo real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Marengo real estate agent to arrange a tour today!
Learn more about Marengo.
44.639 Acres about a mile from I-90 interchange. Surrounded by light manufacturing properties. Great investment opportunity or business op! As a farm, all tillable. Annexed into Marengo already. Currently leased to farmer for 8500per season, but on comp plan for office research or Light industrial including warehouse, retail, and various other uses. Electric and gas nearby. Sewer and water slated, but dates unknown.
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.
Opportunity knocks! 25,000 sqft Manufacturing building located on 2.16 Acres. Zone M manufacturing. Former die casting operation. Steady traffic on State Highway. Over 20,000 sqft of shop/work space. Two loading areas, one exterior & one interior. 13 to 16 foot ceilings. One drive-in overhead door. Plenty of parking/truck/trailer storage available. Two offices on main floor, & 3 more offices, common area, break room, locker rooms & more on the 2nd floor. Ready for your business or divide the space for multiple tenants.
Mixed-use property situated in Marengo's central business district allowing for many options. Property allows for rental investment, restaurant/store/office below, & live above. Presently, a fully functioning restaurant & bar with 5 gaming machines, occupies the first floor. The restaurant business has a liquor license and gaming license. Sale includes the restaurant & bar equipment currently being used to operate the business. This includes: prep & cooking equipment, coolers, tables & chairs, flat top grills, deep fryers, freezers, dishes & flatware, etc... Restaurant seats 75+ people (interior) and 25+ on the patio (exterior). Upstairs, you'll find three residential apartments. Situated at the corner of State St and Grant Highway in the Central Business District. High visibility with high traffic count. On-street parking in the front and in the rear you'll find a city-owned public parking lot for free parking for up to 50 cars in the rear. Accessible from the rear courtyard and the front entrances. Quick & easy access to Interstate 90 via newly constructed access ramps. Building is in good condition and move-in ready. Nicely remodeled units throughout. The exterior has been freshly painted. Well-illuminated exterior for better visibility. The lower level houses a walk-in cooler. Low maintenance and low on-going expenses. Central heating & air conditioning for the first floor. Electric baseboard heaters for the second floor. Separate utilities throughout. Good rental income (though rents could be increased). Fully occupied with leased tenants. Property includes separate PIN for adjacent lot to accommodate outdoor patio space. Currently owned by the same owner for the last 35 years. Steps to restaurants, bars, shops, and more!
18,000 sq ft Brick & Block Building for Sale off major Highway in Marengo Il. Original 6,000 sq ft built prior to 1984. 12,000 sq ft addition built in 1984 and has been used as an Ace Hardware Store since. This building could be divided up into 3- 6,000 sq ft rentalable space units. Loading docks, large service doors, 13 foot ceilings and a very open floor plan. Several options and possibilities for this building. Marengo is an up and comming community with new direct access off of Interstate 90. Easy to show. Contact Listing agent.
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