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$995,000
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Property Description
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
Full Property Details
Full Property Details for 104 W Railroad St
General
- Price: $995,000
- Taxes: $7,575 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12440486
- Updated: 1/15/2026
- Added to Site: 252 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Location
- Area: Harmony / Marengo
- County: McHenry
- Township: Marengo
- Driving Directions: From Rt20/23 North on Rt 23 to Railroad Property is on NW Corner of Rt 23 and Railroad
- Location Details: Northwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Water: Municipal Water
- Trash: 240
- Onsite: Electricity to Site, Natural Gas Available, Water Available
Structural Information
- Construction: Wood, Cedar, Brick/Stone Msn Pred
- Exterior Const.: Wood, Cedar, Brick/Stone Msn Pred
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 3,150
- # of Stores: 1
- Year Built: 1997
Unit Information
- # Tenants: 3
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 14,810
- Lot Dimensions: 121 x 192.6 x 2 x 78 x 129.5 x 105.9 x 14.1
- Frontage: City Street, State Road
- Potential Use: Conditional Use, Other
- Zoning: OTHER
Financial Considerations
- Lease Price: $15
- Insurance Fee: $4,800
- Operating Expenses: $13,481
- Other Fee: $1,000
- Security Deposit: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
- Assessment Year: 1997
- Tax Amount: $7,575.22
- Tax Year: 2024
- Tenant Pays: Electricity, Heat, Varies by Tenant
- Pays Trash: 240
Disclosures and Reports
- Property ID: 1135230012
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Schools
Schools serving 104 W Railroad St
School Districts:Marengo Community High School District 154, Marengo-Union Elementary Consolidated District 165
| Name | Grades | Distance |
|---|---|---|
Locust Elementary School 539 Locust Street, Marengo, IL 60152 | PK-3 | 0.9 mi |
Marengo Community Middle School 816 East Grant Highway, Marengo, IL 60152 | 6-8 | 0.9 mi |
Marengo High School 110 Franks Road, Marengo, IL 60152 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 104 W Railroad St
Date
Details
Price
Change
Source
8/05/2025
Listed
$995,000
385.37%
MLS
9/22/2006
Sold
$205,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 104 W Railroad St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,575
2%
$99,826
13%
2023
$7,442
100%
$87,999
11%
2022
-100%
$79,579
10%
2021
$6,681
—
$72,509
5%
2021
$6,681
-5%
$69,004
6%
2019
$6,997
10%
$65,382
13%
2017
$6,344
3%
$58,010
7%
2016
$6,172
-1%
$54,200
2%
2015
$6,254
-4%
$52,914
-14%
2018
$6,526
7%
$61,242
22%
2014
$6,114
—
$50,356
-5%
2013
$6,100
3%
$53,028
-5%
2012
$5,911
—
$56,049
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 104 W Railroad St
104 W Railroad Street, Marengo, IL 60152 (MLS# 12440486) is a Commercial property. 104 W Railroad Street is currently listed for $995,000 and was received on August 05, 2025. Want to learn more about 104 W Railroad Street? Do you have questions about finding other Commercial real estate for sale in Marengo? You can browse all Marengo real estate or contact a Coldwell Banker agent to request more information.

