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0 Maple - SWC Maple & Forest 37.88 Acres of Residential Land Offered at $1,200,000 in Marengo, IL 60152
Investment Highlights
- Corner parcel with dual road frontage on Forest and Maple Streets
- Utilities available nearby for efficient hookup
- Level terrain simplifies grading and construction staging
Executive Summary
frontage and level terrain for simplified construction staging, this property is an ideal choice for residential development,
perfect for townhomes or single-family development. With nearby utilities for efficient hookup, the flexible parcel size
accommodates a range of building footprints. Its strong potential for tailored ground-up projects and unobstructed
visibility make it a perfect opportunity to capture future value appreciation. Situated in the thriving Marengo area with
established infrastructure, this property stands as an ideal holding asset for long-term land investors seeking a strategic
foothold in a bustling market.
Property Facts
| Price | $1,200,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 37.88 AC |
| Property Type | Land | ||
| Zoning | R1 | ||
| Price | $1,200,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 37.88 AC |
| Zoning | R1 |
1 Lot Available
Lot
| Price | $1,200,000 | Lot Size | 37.88 AC |
| Price Per AC | $31,678.99 |
| Price | $1,200,000 |
| Price Per AC | $31,678.99 |
| Lot Size | 37.88 AC |
Embrace an exceptional investment opportunity with this prime corner parcel at Forest St & Maple St. Boasting dual road frontage and level terrain for simplified construction staging, this property is an ideal choice for residential development.
Description
Discover a prime investment opportunity in the thriving town of Marengo, IL. Nestled at the intersection of Forest St & Maple St, this desirable location offers a harmonious blend of small-town charm and modern conveniences. Investors will appreciate the area's proximity to key amenities such as retail centers, dining establishments, and recreational facilities. With the scenic beauty of Marengo Ridge Conservation Area and the historic charm of the nearby downtown district, the location provides a compelling draw for commercial development. From office spaces to commercial plots, the area presents an array of attractive prospects for investors looking to capitalize on the growth and potential of Marengo.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $212,718 | Total Assessment | $212,718 |
Property Taxes
Presented by
0 Maple - SWC Maple & Forest
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