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619,623,719,723 Beggs Lane
Marengo IL 60152 US

$1,500,000

Active Under Contract Listing ID 12138828
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Lot: 2.86 Acres
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Other

$1,500,000

Active Under Contract Listing ID 12138828
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619, 623, 719, 723 Beggs Lane MULTIPLE OFFERS...HIGHEST AND BEST PLEASE. PRESENTING ALL OFFERS AT 7:00 p.m. ON TUESDAY, AUGUST 20TH ATTENTION INVESTORS! Rare opportunity to create or add to your portfolio of income property. Four all brick units have 8 units each with approximately 550 sq. ft. (Two of the buildings were built in 1987, 1 in 1989 and 1 in 1991.) Room inventory of living room, kitchen and bedroom. Stove, refrigerator and unit wall air conditioner provided. Tenant pays all electric, landlord pays sewer, water and trash. 1st year lease for 1 year, than month to month. Long term tenants include 13 that have been over 5 years (7 being over 10 years!) 13 being 1-5 years, and 4 new in 2024, 2 vacant presently (1 being death.) As tenants vacate, updates are done including new flooring and painting entire unit, plus any other needed repairs...10 units have been done. Roofs were replaced in 2010 and 2011...Blacktop parking lot sealed in 2024. Location near 130 acre Indian Oaks Park and within minutes of full I90 interchanges, both at Rt 20 and Rt 23. Do not hesitate to make this a good financial investment!

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Property Features

  • Facts
  • Lot Size: 2.86 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s) A/C
  • Roof Type: Composition

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1500000
  • unparsedaddress: 619, 623, 719, 723 Beggs Lane
  • postalcity: Marengo
  • stateorprovince: IL
  • country: US
  • postalcode: 60152
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 2.86
  • lotsizeunits: Acres
  • lotsizearea: 2.86
  • livingarea: 19200
  • livingareaunits: Square Feet
  • listagentfullname: Sandra Butenschoen
  • listagentemail: sandybc21@msn.com
  • listagentkey: 3yd-MREDIL-50681
  • listagentmlsid: 50681
  • listagentpreferredphone: 8476832000
  • listagentofficephone: 8476832000
  • listofficekey: 3yd-MREDIL-5115
  • listagentstatelicense: 475081467
  • listofficemlsid: 5115
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1987
  • listingcontractdate: 2024-08-14
  • listagenturl: http://www.NewHeritage.com
  • countyorparish: McHenry
  • parcelnumber: 1135401011
  • cooling: Window Unit(s) A/C
  • constructionmaterials: Brick
  • numberofunitstotal: 32
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Century 21 Real Estate
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AlternatePrices":[], "BrokerName":"Century 21 New Heritage", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"211097.lead@leads.leadrouter.com", "ListBrokerageCity":"Hampshire", "ListBrokerageCountry":"US", "ListBrokerageEmail":"LisaC21@msn.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/9ea3ee11698011e2bad2123138178d4c/20180711204721406.png", "ListBrokerageName":"Century 21 New Heritage", "ListBrokeragePhone":"847-683-2000", "ListBrokeragePostalCode":"60140", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"120 W Oak Knoll Dr", "ListBrokerageWebsiteUrl":"http://www.NewHeritage.com", "ListOfficeAddress1":"821 E. Grant Hwy", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Marengo", "ListOfficeCountry":"US", "ListOfficeEmail":"c21nhiv@aol.com", "ListOfficePostalCode":"60152", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - Marengo, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12138828/?channel=rexren", "MLSModificationTimestamp":"2024-08-23T06:02:01Z", "Neighborhoods":[{"Description":null, "Name":"Harmony / Marengo"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":35900, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/12/2024 9:49:51 PM GMT
Source Updated Date: 10/31/2024 6:52:10 AM GMT

Courtesy of: Sandra Butenschoen, CENTURY 21 New Heritage, sandybc21@msn.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.