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1 MARENGO Road

Union, Illinois 60180
$285,000
5.00
Acres
$285,000
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1 MARENGO Road

Union, Illinois 60180
$285,000
active
1/4
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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!

5.00
Acres
MLS#: 09772216
Listed by Worth Clark Realty
$285,000
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Ask agent

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!

  • Neighborhood
  • Type
  • Tax Amount
    $3,320
  • Status
    Active
  • MLS#
    09772216
  • Lot Size
    5.00 Acres
  • Listed on site
    306 days

Listed by:
Worth Clark Realty

Source:
MRED

School Info

Property details

Property Features

  • Corner Lot
  • No Builder Restrictions

Exterior features

  • Basement
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