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Listing provided courtesy of RE/MAX Connections IIMREDas Distributed by MLSGrid- MLS# 12440486MLS Provider

104 W Railroad StreetMarengo, IL 60152

Commercial · 3,150 Sq. ft.
$995,000 Active

104 W Railroad Street Overview

Time on Site:
326 days
Visits:
8

Excellent investment opportunity in Downtown Marengo, Fully Equipped Restaurant with Bar and 2 Apartments Upstairs, one 3 Bedroom and one 2 Bedroom (both rented). One Kitchen on the main Floor plus Bar and two Baths. Large Basement for storage, there is a large Prep Kitchen in the basement and 3 Large Walk-In Coolers plus a smaller Beverage Cooler. Built in 1997 with a large Addition added by the current owners, Bar Area remodeled in 2010 beautiful Oak construction. Wired for gaming machines off the bar area. 12 parking spaces, there is street parking plus a large municipal lot one block away. Investor buyers with a Food Truck can use the prep kitchen in the basement (which has inside and outside access) for your needs and rent the restaurant and apartments for income/investment. The main level could also be reconfigured into 2 or 3 apartments making this a 5 unit. Lots of possibilities in this well cared for building in the central business district. Restaurant and Bar also for Lease including lower level with storage/coolers/prep kitchen for $4000/month

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104 W Railroad Street Facts & Features

  • Type Commercial
  • Sq. ft. 3,150
  • Price/Sq.ft. $316

Details

General

Income/Expenses

  • Other Expense: 1000
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 84000
  • Insurance Expense: 4800
  • Net Operating Income: 70518
  • Operating Expense: 13481
  • Trash Expense: 240
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1997

Location/Region

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

Rent/Lease Information

  • Tenant Pays: Electricity, Heat, Varies by Tenant

Tax Information

  • Tax Annual Amount: $7,575.22
  • Tax Year: 2024

General Information

  • Parcel Number: 1135230012
  • Possible Use: Conditional Use,Other
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: OTHER

Interior

Building Information

  • Other SqFt.: 3050
  • Retail SqFt.: 3100

Building Interior

  • Building Area Total: 3150

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Service - 201 to 600 Amps
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street,State Road
  • Lot Size Dimensions: 121X192.6X2X78X129.5X105.9X14.1
  • Lot Size Square Feet: 14810
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Wood, Cedar, Brick/Stone Msn Pred

General Information

  • Number Of Units Total: 3
  • Utilities: Electric to Site,Natural Gas Available,Water Available

104 W Railroad Street 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.

104 W Railroad Street Monthly Cost

$
$ %
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$
$
Jim Luxem Jr
* 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.

104 W Railroad Street 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

104 W Railroad Street History

Date Event Value Agent
10/18/2025Source: MRED Status Change
Active
10/18/2025Source: MRED Status Change
Active
10/13/2025Source: MRED Status Change
Price Change
10/13/2025Source: MRED Status Change
Price Change
10/9/2025Source: MRED Added to Database
October 09, 2025
8/12/2025Source: MRED Status Change
Active
8/7/2025Source: MRED Added to Database
August 07, 2025