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104 W Railroad Street

Marengo, IL 60152
  • $995,000
  • STATUS: Active
  • ON SITE: 379 Days
  • MLS #: 12058447
UPDATED: 61 min ago
$995,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1997
County:
Area:

School Ratings & Info

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.

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© 2025 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 MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2025-06-15T10:00:41.883 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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.

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104 W Railroad Street Marengo, IL 60152

  • Price: $995,000
  • Status: Active
  • On Site: 379 Days
  • Updated: 61 min ago
  • MLS #: 12058447
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1997
Built
Neighborhood:
Mchenry
County:
Mchenry
Area:
Mchenry
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.
Exterior Features

Foundation Details Concrete Perimeter Frontage Type City StreetState Road Outdoor Parking 13-18 Spaces Roof Structure GableTruss

Interior Features

Cooling Central Air Heat Ventilation Forced AirGas Number Of Dryers 1 Number Of Ranges 2 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age 26-35 Years Building Area Total 3150 Built Before1978 YN No Electric Circuit BreakersService - 201 to 600 Amps Fire Protection Smoke or Fire ProtectorsCarbon Monoxide Detector(s) Geographic Locale Northwest Suburban Gross Income 0 Gross Scheduled Income 84000 Insurance Expense 4800 Mls Actual Status Active Net Operating Income 70518 Number Of Tenants 3 Operating Expense 13481 Ownership Types Limited Liability Corp Possible Use Other Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 7441.78 Tax Year 2023 Tenant Pays ElectricityHeatVaries by Tenant Total Monthly Income 7000 Township Marengo Type Mixed Use Utilities Natural Gas AvailableWater Available Water Source Municipal Water Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of RE/MAX Connections II: 815-568-9000.


© 2025 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 MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2025-06-15T10:00:41.883 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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.

Digital Millennium Copyright Act
 
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