Retail Space
100 North State Street Marengo, IL 60152
Details & Description
Price: $225,000
    Investment or Owner/User Opportunity. (4) fully leased apartments – (3) on 2nd floor and (1) on 1st floor. 1,100 SF 1st floor retail available for owner/user or potential tenant. Fantastic location in downtown Marengo on busy Route 23, just 5 miles north of I-90 interchange.Please do not disturb tenants, 24-hour notice for showings.Contact broker for rent rolls and financials.Note: Adjacent 100% leased investment building (102 N. State St.) also for sale at $185,000.
    Property Highlights
    Additional Photos
    Listing Agents
    Heather Schweitzer

    O: 847-854-2300
    M: 815-236-9816
    heathers@premiercommercialrealty.com
    Sharon Glasshof

    M: 847-533-6974
    sharong@premiercommercialrealty.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    100 North State Street

    Marengo, IL 60152

    Listing ID: 272656
    • 100 North State Street Marengo, IL 60152 | for Sale | Photo 1
    • 100 North State Street Marengo, IL 60152 | for Sale | Photo 2
    • 100 North State Street Marengo, IL 60152 | for Sale | Photo 3
    • 100 North State Street Marengo, IL 60152 | for Sale | Photo 4
    • 100 North State Street Marengo, IL 60152 | for Sale | Photo 5
    • 100 North State Street Marengo, IL 60152 | for Sale | Photo 6
    • 100 North State Street Marengo, IL 60152 | for Sale | Photo 7
    • 100 North State Street Marengo, IL 60152 | for Sale | Photo 8
    • 100 North State Street Marengo, IL 60152 | for Sale | Photo 9
    • 100 North State Street Marengo, IL 60152 | for Sale | Photo 10
    100 North State Street | for Sale | Thumbnail 1
    100 North State Street | for Sale | Thumbnail 2
    100 North State Street | for Sale | Thumbnail 3
    100 North State Street | for Sale | Thumbnail 4
    100 North State Street | for Sale | Thumbnail 5
    100 North State Street | for Sale | Thumbnail 6
    100 North State Street | for Sale | Thumbnail 7
    100 North State Street | for Sale | Thumbnail 8
    100 North State Street | for Sale | Thumbnail 9
    100 North State Street | for Sale | Thumbnail 10
    Building Size: 3,484 SF
    Lot Size: 0.040 AC
    Land Size: 1,742 SF
    Building $/SF: $64.58
    Land $/SF: $129.16
    Price
    $225,000
    Property Highlights
    Year Built Unknown
    Total Units 5 Total Units (4) Apartments - FULLY LEASED (1) Retail - Available Plus Full Basement
    HVAC Radiant Heat / A/C
    Total Bathrooms 5 (1 per unit)
    Parking Street
    Current NOI $17,119.66
    Current Rents $30,180 current $41,360 when fully leased
    RE Taxes $4,850.34 (2021)
    PIN Number 11-35-277-019
    Description

    Investment or Owner/User Opportunity. (4) fully leased apartments – (3) on 2nd floor and (1) on 1st floor. 1,100 SF 1st floor retail available for owner/user or potential tenant. Fantastic location in downtown Marengo on busy Route 23, just 5 miles north of I-90 interchange.

    Please do not disturb tenants, 24-hour notice for showings.

    Contact broker for rent rolls and financials.

    Note: Adjacent 100% leased investment building (102 N. State St.) also for sale at $185,000.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Rockford History of Retail Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Marengo Area Market Trends

    Listing Demographics for 100 North State Street Marengo, IL 60152

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population1,6318,89911,874
    Population Median Age373839
    Population by Age0-9 Yrs232 (14%)1207 (13%)1557 (13%)
    10-19 Yrs213 (13%)1210 (13%)1546 (13%)
    20-29 Yrs249 (15%)1182 (13%)1484 (12%)
    30-39 Yrs181 (11%)1005 (11%)1267 (10%)
    40-49 Yrs223 (13%)1243 (13%)1621 (13%)
    50-59 Yrs234 (14%)1287 (14%)1738 (14%)
    60-69 Yrs149 (9%)898 (10%)1440 (12%)
    70+ Yrs150 (9%)867 (9%)1221 (10%)
    Median HH Income$68,342$70,993$79,910
    Total Household Income< 24K102 (16%)547 (16%)592 (13%)
    25-49K122 (20%)638 (19%)775 (17%)
    50-74K110 (18%)548 (16%)691 (15%)
    75-99K74 (12%)406 (12%)535 (12%)
    100-199K178 (29%)990 (30%)1396 (32%)
    200K+19 (3%)150 (4%)337 (7%)
    Highest Education LevelNo Diploma93471550
    Diploma or GED40121392716
    Some College25214141890
    Assoc. Degree71404655
    Bachelors Degree1679351379
    Higher Degree76507832
    Total Housing Units6293,4474,601
    --Owner-Occupied4322,3853,309
    --Renter-Occupied1738951,017
    Owner-Occupied Values< 100K84411435
    100-199K25513091481
    200-299K74497883
    300-399K15117308
    400-499K441109
    500K+01194
    Total Working Age Population1,2636,9079,336
    In Work Force9174,9526,652
    Not In Work Force3451,9552,684
    Workforce Employed8964,8196,467
    Workforce Unemployed22133185
    Civlian Workforce9174,9526,652
    Military Workforce000
    Total Households6043,2804,326
    Family Households4302,3703,288
    Non-Family Households1749101,037
    Married Couple2981,7242,582
    Other Family133646707
    Married w/Child121668920
    Single Male w/Child30136136
    Single Female w/Child47242264

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Boone County41,786+3054,165-1048,540+752,161
    McHenry County260,077+19308,760+32407,931+9443,398

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 100 North State Street in Marengo?
    The asking price for 100 North State Street is $225,000
    What is the building size of this Retail property in Marengo, IL?
    The size of the building/unit at 100 North State Street in Marengo is 3,484 square feet
    How much land does the Marengo, IL property at 100 North State Street include?
    100 North State Street in Marengo includes 0.040 acres of land
    What kind of Retail is the propery at 100 North State Street?
    The property at 100 North State Street Marengo, IL 60152 is listed as a Other Retail Retail property
    What is the population within 1 mile of 100 North State Street in Marengo?
    The population within 1 mile of 100 North State Street Marengo, IL 60152 is 1,631 people.
    Who do I contact for questions about 100 North State Street?
    You should contact the listing agent, Heather Schweitzer, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago Rockford International Airport (RFD) 25
    Chicago O'Hare International Airport (ORD) 41
    Chicago Midway International Airport (MDW) 54