123 W Grant Hwy - Bank FOR SALE


Marengo, IL 60152
$375,000 USD
708-217-5004
123 W Grant Hwy, Marengo, IL for Sale
$375,000 USD
Bank - FOR SALE
1/5
null | Request Cap Rate

123 W Grant Hwy
Marengo, IL 60152


HIGHLIGHTS

  • Freestanding all-brick commercial building totaling approximately 1,600 SF.
  • Former bank branch with existing drive-through infrastructure.
  • Positioned on an approximately 18,744 SF site.
  • B-1 Commercial zoning allows a variety of business uses.
  • Prominent frontage and visibility along U.S. Route 20 (Grant Highway).
  • Single-story, accessible layout suitable for office, retail, medical, or service users.

OVERVIEW

For Sale - Former BMO Harris Bank Branch 123 W. Grant Highway, Marengo, IL 60152 1,600 RSF | 18,000 SF Lot | B1 Zoning | Drive-Through Prime opportunity to own a freestanding, all-brick former BMO Harris Bank building located along heavily traveled Grant Highway (U.S. Route 20) in Marengo, Illinois. This attractive single-story property offers approximately 1,600 rentable square feet of well-maintained space, ideally suited for a wide range of retail, professional office, or service-based uses. The building features a functional drive-through, dedicated parking, and excellent visibility and accessibility. Situated on a generous 18,000 SF lot with B1 zoning, the site provides flexibility for various business types including medical, financial, quick-service restaurant, or professional office users. Highlights: 1,600 rentable SF all-brick freestanding building 18,000 SF lot with drive-through B1 zoning - allows for a broad range of commercial uses Prominent visibility along Grant Highway (U.S. Route 20) Ample on-site parking Single-story, accessible floor plan Excellent opportunity for owner-users or investors

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$234 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Fast Food, Medical, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,765 SF

ZONING

B-1

APN/PARCEL ID

11-35-285-003,11-35-285-009

ASK ABOUT THIS PROPERTY

Frank Paganis, CCIMColdwell Banker Commercial Real Estate GroupMore Info
708-217-5004

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Frank Paganis, CCIMColdwell Banker Commercial Real Estate GroupMore Info
708-217-5004

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.