1 MARENGO Road
Union, IL 60180

$285,000
5.00
Acres
$285,000
Favorite

active
1/4
Street View
Street View

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!

$285,000
5.00
Acres
Listing #: 09772216
Listed by Worth Clark Realty
$285,000
Favorite

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
  • County
    Mc Henry
  • Area
    Union
  • Tax Amount
    $3,320
  • Status
    Active
  • Listing #
    09772216
  • Lot Size
    5.00
  • Listed on site
    553 days
  • Office Id
    26613

Listed by:
Worth Clark Realty

Source:
MRED

School Info

Property details

Property Features

  • Corner Lot
  • No Builder Restrictions

Exterior features

  • Basement
Favorite
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Andrew Castillon

Broker Associate

 

RNP Real Estate Group

Vesta Preferred Realty

1001 N. Milwaukee, Suite 401

Chicago, Illinois 60642


C 517.449.1784

F 773.645.4455

www.rnpsells.com


      

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