0 Marengo Road, UNION IL 60180 Photo 1 0 Marengo Road, UNION IL 60180 Photo 2 0 Marengo Road, UNION IL 60180 Photo 3 0 Marengo Road, UNION IL 60180 Photo 4
Listing Courtesy of Re/Max Unlimited Northwest

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0 Marengo Road - RARE OPPORTUNITY! ** 5.0 ACRES! ** HIGH VISIBILITY ** ONLY 4.5 MILES NORTH OF I-90 FULL INTERCHANGE! ** THIS BUSY INTERSECTION IS ALREADY A KEY COMPONENT TO IDOT'S PROPOSED 'ROUNDABOUT' THAT IS TO BE CONSTRUCTED BY 2018 (SEE IDOT PROPOSAL AND DIAGRAM UNDER "ADDITIONAL INFORMATION)". THE TRIANGLE NOW FORMED BY U.S. RT. 20 (Grant Highway), UNION & MARENGO ROADS WILL BECOME A 5-LEGGED ROUNDABOUT OR "HUB". IT'S PREDICTED THIS NEW INTERSECTION WILL IMPROVE TRAFFIC FLOW -- THEREFORE IMPROVED EXPOSURE AND DESIRABILITY IS ANTICIPATED FOR THIS PROPERTY. ** IT'S CURRENTLY ZONED BOTH B-2 AND A-1. ** B-2 ALLOWS MULTIPLE COMMERCIAL USES. ** HIGHEST AND BEST USAGE MAY BE RETAIL STRIP OR LIQUOR SALES. PLEASE REFER TO "ZONING INFO" UNDER "ADDITIONAL INFORMATION" - THERE IS THE ZONING TABLE AND ACCEPTABLE USES. PREVIOUS USE OF THE LAND HAS BEEN AGRICULTURAL. ** ADJACENT (NORTH) IMPROVED LAND FOR SALE FOR $5,800,000 FOR 23.85 ACRES W/BUILDINGS -- SO THERE'S NEARBY OPPORTUNITY FOR MEGA DEVELOPMENT!

Listing information

  • MLS® ID: 09084774
  • Stories: 0
  • Foreclosure: No
  • Estimated Annual Taxes: $3,236
  • Style: Lot/Land
  • Parking Type Description: None 0 cars
  • Lot Area: 5.00
  • County: Mc Henry
  • Status: Active
  • New Construction: No
  • Lot Size: 600.47 X 200.5 X 465 X 228

Features

Area Union
Backup Package (Y/N) No
Basement Bathrooms (Y/N) No
Building(s) on Land No
Current Use Agricultural/Land Only
Farm No
Franchisor Feed(y/n) No
Frontage/Access State Road, Township Road, US Highway
General Information None
Known Existing Liens None Known
Land Description Pasture
Location Corner
Lot Size 5.0-5.99 Acres
Other Approx Land Sq Footage - 217,800, Front Footage - 600, Special Service Area - N, Tax Year - 2014, Total Listed Lots Avail - 1, Township - Coral, Zoning Type - Commr
Ownership Fee Simple
Ownership Type Land Trust
Possession Closing
Potential Use Agricultural/Land Only, Commercial, Liquor License, Retail
Property Type Land
Road Surface Asphalt
Special Assessments U
Special Compensation Info. None
Tax Exemptions None
Utilities To Site Electric Nearby
Waterfront (Y/N) No
Listing Courtesy of Re/Max Unlimited Northwest