Listing provided courtesy of Coldwell Banker Real Estate GroupMREDas Distributed by MLSGrid- MLS# 12508906MLS Provider

123 W Grant HighwayMarengo, IL 60152

Commercial · 1,600 Sq. ft.
$375,000 Active

123 W Grant Highway Overview

Time on Site:
217 days
Visits:
5

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

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123 W Grant Highway Facts & Features

  • Type Commercial
  • Sq. ft. 1,600
  • Price/Sq.ft. $234

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Net Operating Income: 0

Building Information

  • Year Built: 1971

Location/Region

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

Tax Information

  • Tax Annual Amount: $12,564.00
  • Tax Year: 2024

General Information

  • Parcel Number: 1135285009
  • Property Sub Type: Other
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 1600

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 1600
  • Stories: 1

Unit Information

  • Unit SqFt.: 1600

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 142x132
  • Lot Size Square Feet: 18744

123 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.

123 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.

123 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

123 W Grant Highway History

Date Event Value Agent
11/29/2025Source: MRED Status Change
Active
11/24/2025Source: MRED Added to Database
November 24, 2025