Listing provided courtesy of CENTURY 21 New HeritageMREDas Distributed by MLSGrid- MLS# 12632365MLS Provider

120 W Grant HighwayMarengo, IL 60152

Commercial · 1,176 Sq. ft.
$200,000 Active

120 W Grant Highway Overview

Time on Site:
63 days
Visits:
2

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.

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120 W Grant Highway Facts & Features

  • Type Commercial
  • Sq. ft. 1,176
  • Price/Sq.ft. $170

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 1200
  • Fuel Expense: 1350
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 2000
  • Trash Expense: 0
  • Water Sewer Expense: 350

Building Information

  • Year Built: 1954

Location/Region

  • County Or Parish: McHenry
  • MLS Area Major: Harmony / Marengo
  • Township: Marengo

Rent/Lease Information

  • Tenant Pays: Electricity, Heat

Tax Information

  • Tax Annual Amount: $3,769.70
  • Tax Year: 2024

General Information

  • Parcel Number: 1135283011
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 1176

General Information

  • Cooling: None
  • Electric: Circuit Breakers
  • Stories: 1

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: State Road
  • Lot Size Dimensions: 98X98
  • Lot Size Square Feet: 9604
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Block
  • Roof: Rubber

General Information

  • Number Of Units Total: 1
  • Utilities: Electric to Site,Natural Gas Available

120 W Grant Highway Neighborhood

Community

60152 (MARENGO) Demographics

39
Median Age
130
Population Density (per sq. mile)
34%
College Educated
$87,792
Estimated Median Income
3,307
Estimated Total Home Owners
1,203
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

120 W Grant Highway Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

120 W Grant Highway Market Data

Based on the last 30 days in this zip code

$567,574
Average List Price
$241
Average Price per Square Foot
14
Properties Sold
90
Average Days on Market
39
Properties for Sale
Calculations provided by Reliance Network

120 W Grant Highway History

Date Event Value Agent
5/3/2026Source: MRED Status Change
Active
4/28/2026Source: MRED Added to Database
April 28, 2026