photo of Nikki Mayer
Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com
0 MARENGO Road
Union, IL 60180
$249,900.00 listing calculator

Listing Description


RARE OPPORTUNITY! ** ALMOST 4 ACRES! ** HIGH VISIBILITY ** ONLY 4.5 MILES NORTH OF I-90 FULL 4-WAY INTERCHANGE! ** ONLY $1.55 SQ FT FOR B-2 ZONING! THIS BUSY INTERSECTION IS ALREADY A KEY COMPONENT TO IDOT'S PROPOSED 'ROUNDABOUT' THAT'S TO BE CONSTRUCTED IN 2020 (SEE IDOT PROPOSAL & DIAGRAM UNDER "ADDITIONAL INFORMATION"). THE TRIANGLE NOW FORMED BY U.S. RT. 20 (Grant Highway), UNION & MARENGO RDS WILL BECOME A 5-LEGGED ROUNDABOUT OR "HUB". IT'S PREDICTED THIS NEW INTERSECTION WILL IMPROVE TRAFFIC FLOW -- THEREFORE IMPROVED EXPOSURE & DESIRABILITY IS ANTICIPATED FOR THIS PROPERTY. ** IT'S CURRENTLY ZONED BOTH B-2 IN FRONT AND A-1 IN BACK ** B-2 ALLOWS MULTIPLE COMMERCIAL USES ** HIGHEST & BEST USAGE MAY BE RETAIL STRIP, LIQUOR SALES -- PERFECT FOR GAS STATION! CELL TOWER/INCOME POSSIBILITY. REFER TO "ZONING INFO" UNDER "ADDITIONAL INFORMATION" FOR THE ZONING TABLE & ACCEPTABLE USES. ADJACENT (NORTH) IMPROVED LAND IS WILD WEST TOWN. LOCAL GOVERNMENT IS 'DEVELOPMENT FRIENDLY'. THE TOWNS OF MARENGO & UNION ARE BOOMING & THIS IS A GREAT INVESTMENT OPPORTUNITY!