Marengo, IL 60152 104 W Railroad Street
$995,000



9 more










Presented By: RE/MAX Connections II
Home Details
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
Presented By: RE/MAX Connections II
General for 104 W Railroad Street
Additional Parcels Y/NNo
Cap Rate0.07
CityMarengo
Construction MaterialsWood, Cedar, Brick/Stone Msn Pred
CoolingCentral Air
CountyMcHenry
DirectionsFrom Rt20/23 North on Rt 23 to Railroad Property is on NW Corner of Rt 23 and Railroad
ElectricCircuit Breakers, Service - 201 to 600 Amps
Electric Expense
Fuel Expense
Gross Income
Insurance Expense4800
Lot Size Square Feet14810
MLS AreaHarmony / Marengo
ModificationTimestamp2025-08-14T21:29:01.707Z
Net Operating Income70518
Number Of Units Total3
Operating Expense13481
PossessionClosing
Possible UseOther
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount7575.22
Tax Year2024
Tenant PaysElectricity, Heat, Varies by Tenant
Total Actual Rent4000
TownshipMarengo
Trash Expense240
UtilitiesElectricity Available, Natural Gas Available, Water Available
Water Sewer Expense0
Year Built1997
ZoningCOMMR
Exterior for 104 W Railroad Street
Building Area Total3150
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, State Road
Lot Dimensions121X192.6X2X78X129.5X105.9X14.1
Water SourceMunicipal Water
Additional Details
Price History
