IL > Marengo
Marengo, IL 60152,228 S State ST
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Marengo, IL 60152,228 S State ST
Marengo, IL 60152,228 S State ST
Marengo, IL 60152,228 S State ST
Marengo, IL 60152,228 S State ST
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Samuel Stella

Samuel Stella

Stellar Results Realty

+1(224) 426-4652
$ 664,900
Est. payment /mo
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Active

228 S State ST Marengo, IL 60152

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12373188

Year Built 1900

Annual Tax Amount $7,176

Tax Year 2024

Lot Dimensions 4004 SQ FT

Property Sub-Type Mixed Use

Property Description

This is a fully-leased mixed-use property situated in Marengo's central business district with a restaurant/bar and three apartments. The restaurant business has a liquor license and can apply for a gaming license. The sale includes the restaurant & bar equipment currently being used to operate the business, which includes: prep & cooking equipment, coolers, tables & chairs, flat top grills, deep fryers, freezers, etc.. The 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, this is a high visibility intersection. There's on-street parking in the front and in the rear you'll find a city-owned public parking lot with free parking for 50 cars. The restaurant is accessible from the rear courtyard and the front entrance. Location allows for quick & easy access to Interstate 90 via the newly constructed access ramp. The building is in good condition and move-in ready. The exterior has been freshly painted and is well-illuminated for excellent visibility. The lowest level houses a walk-in cooler and storage. Central heating & air conditioning heat & cool the first floor, while electric baseboard heaters heat the second floor. There are separate utilities throughout. Good rental income (though apartment rents should be increased). Just steps to restaurants, bars, shops, and more!

Location

State IL

County Mchenry

Area Harmony / Marengo

Zoning COMMR

Interior

Cooling Central Air, Window Unit(s)

Flooring Varies

Fireplace N

Exterior

Utilities Available Electricity Available

Roof Type Membrane

Building

Dwelling Type Mixed Use

Water Municipal Water

Level or Stories 2

Structure Type Brick,Wood,Combination

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kevin Carroccia • @properties Christie's International Real Estate
agent

Samuel Stella

Designated Managing Broker / Owner | License ID: 471.021016

+1(224) 426-4652

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228 S State ST

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