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120 W Grant Highway Marengo, IL 60152 Commercial - Business New

New - 39 Hours Ago
  • 120 W Grant Highway , Marengo, IL 60152 Main Photo

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Description

Prime location! 1 block W of the Rt 20/23 intersection on northeast corner of Rt. 20 and Ann Street. Zoned B1, the city is striving to enhance the central business district with retail/service uses (see attached zoning guidelines) The 1176 sq. ft. building formerly had special use permit for service station/repair shop, however that usage or any auto related business, is no longer available. The building consists of 2 bay areas, approximately 14' x 27'~ 2 bathrooms with updated plumbing~ reception/office area, plus 2nd small office. Immediate area has city parking lot to the north, vacant repair shop and restaurant to the east, and McDonald's across Rt. 20. Minutes to the full interchange of Rt 23 and I90. An opportunity you don't get too often...! 2nd PIN # is 11-35-283-012.

Property Highlights

Property Type: Commercial - Business
Building Description: 1.0 stories
Year Built: 1954

General Information

County: McHenry
Listed By:
CENTURY 21 New Heritage 815-568-8093
MRED MLS
$200,000
Est. $1,337/mo
New to the Market New
SQUARE FEET1,176 MLS#12632365
STATUSNew PROPERTY TYPECommercial - Business

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120 W Grant Highway , Marengo, IL 60152.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $200,000$200,000$200,000
Down Payment $40,000$7,000$50,000
Monthly Mortgage Amount $959$1,177$1,226
Taxes $278$278$278
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$88$0
Monthly Estimated Total $1,337$1,643$1,604

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About this area

Iowa/Marengo
Marengo

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Find homes for sale in Marengo, Iowa, and learn about the local community and real estate market.

Marengo, IA is the county seat of Iowa County, Iowa. This small community joins together historical and contemporary places and amenities. Ruhl&Ruhl Realtors has plenty of homes for sale in Marengo, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Marengo.

Ruhl&Ruhl Realtors has plenty of homes for sale in Marengo, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Marengo.

Nearest Ruhl&Ruhl Office
1075 Highway 1 West
Iowa City, IA 52246
Phone Number: (319) 339-8111

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 04/30/2026. The listing information on this page last changed on 04/30/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/30/2026 7:30:50 AM EST) or MRED MLS (last updated Thu 04/30/2026 7:21:45 AM EST) or SCWMLS (last updated Wed 04/29/2026 11:54:45 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 04/29/2026 10:15:19 PM EST) or Cedar Rapids MLS (last updated Thu 04/30/2026 6:51:50 AM EST) or NEIRBR MLS (last updated Thu 04/30/2026 7:28:45 AM EST) or ICAAR MLS (last updated Wed 04/29/2026 11:37:36 PM EST) or ECIMLS (last updated Wed 04/29/2026 11:44:14 PM EST) or RMLSA (last updated Thu 04/30/2026 1:10:58 AM EST) or Muscatine MLS (last updated Thu 04/30/2026 2:00:09 AM EST) or No Coast MLS (last updated Thu 04/30/2026 7:04:13 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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