1 Marengo Road

    Union, IL 60180
    • $285,000
    • STATUS: Active
    • ON SITE: 350 days
    • MLS #: 09772216
    $285,000
    • 0
      BEDS
    • 5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    Description

    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!

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ani Real Estate. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Ani Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-09-22T23:52:26.743.

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    www.anirealestate.com/homes/77387586

    1 Marengo Road Union, IL 60180

    • Price: $285,000
    • Status: Active
    • MLS #: 09772216
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5
    Acres
    Neighborhood:
    Union
    County:
    McHenry
    Area:
    Union
    Property Description
    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!
    Exterior Features

    Buildings On Land No Cars 0 Front Footage 600 Frontage Access State RoadTownship RoadUs Highway Land Description Pasture Location Corner Lot Dimensions 600.47 X 200.5 X 465 X 228 Lot Size 5.0-5.99 Acres Road Surface Asphalt Waterfront YN No

    Interior Features

    Basement Bathrooms YN No

    Property Features

    Additional Sales Information None Agent Owned Interest YN No Backup Package YN No Corporate Limits Unincorporated Current Use Agricultural/Land Only Elementary Sch Dist 154 Farm No General Information None High Sch Dist 154 Holds Earnest Money Yes Jr High Middle Dist 154 Known Existing Liens None Known Ownership Fee Simple Ownership Type Land Trust Possession Closing Potential Use Agricultural/Land OnlyCommercialLiquor LicenseRetail Special Assessments Unknown Special Compensation Info None Special Service Area N Tax Exemptions None Tax Year 2016 Taxes 3319.52 Total Listed Lots Avail 1 Township Coral Utilities To Site Electric Nearby Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Worth Clark Realty.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ani Real Estate. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Ani Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-09-22T23:52:26.743.

    Digital Millennium Copyright Act
     
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