Browse All Marengo IL Above $1M Properties for Sale

12720117 MLS ⋅ ACTIVE Status

52 acres zoned E-1, estate in unincorporated McHenry County. 1600' of frontage on Church Road. Potential additional access off Fieldstone Drive. Gently rolling land currently being farmed. Ideal location for rural development adjacent to Fieldstone with easy access to I-90 at Rt. 20.

52 Acres Church Road, Marengo

$6,999,970

12443014 MLS ⋅ ACTIVE Status

**Incredible Investment Opportunity!** This fully occupied apartment complex features long-term tenants with current rents significantly below market value, offering substantial potential for income growth. Recent updates include a newer roof (2019) and brand-new windows and patio doors (2023). The property consists of two garden-style, two-story buildings totaling 48 units: 36 two-bedroom and 12 one-bedroom apartments, each with separate utilities. The two-bedroom units in Building 620 include in-closet washers and dryers. Additionally, there is a one-story structure between the buildings that serves as an office and storage space. With 85 paved parking spaces, this property is not only a strong rental investment but also presents an excellent condo conversion opportunity. Don't miss this chance to capitalize on a fantastic income-producing asset with significant growth potential!

604-620 E Grant Highway, Marengo

$1,585,000

12698210 MLS ⋅ ACTIVE Status

14,400 SF industrial building with multiple entrances and divisible space from 3,200-14,400 SF. The property features approximately 3,000 SF of office, 17' clear, (7) 12' x 14' drive-in doors, floor drains with triple catch basin, fully air conditioned warehouse and a fully paved lot. There is potential for outdoor storage with city approval. Great user-investor opportunity offering a flexible layout and potential for additional rental income.

950 Greenlee Street, Marengo

$1,100,000

12644769 MLS ⋅ CONTINGENT Status

Positioned at the highly visible intersection of US Route 20 (Grant Highway) and Church Road in Marengo, Illinois, this exceptional 11.77-acre commercial land offering presents a rare opportunity for developers, owner-users, investors, and national operators seeking a strategic location with outstanding accessibility and long-term growth potential. This property consists of two prominent corner parcels totaling approximately 512,701 square feet, with an estimated 10 usable acres, currently combined under one PIN. Located just north of the I-90 interchange corridor, the site benefits from strong traffic exposure, easy regional access, and increasing commercial demand throughout McHenry County. The parcel is zoned B3 Commercial, allowing for a broad range of commercial and industrial uses, making it one of the most flexible and attractive development opportunities in the area. The property's strategic positioning along Grant Highway creates tremendous visibility for future development. With frontage on both a county road and state highway, this site is ideally suited for high-traffic commercial operations such as truck parking facilities, logistics hubs, gas stations, travel centers, retail centers, industrial flex developments, outdoor storage, service-oriented businesses, and mixed commercial uses. The seller has experienced significant interest from trucking and logistics-related groups, including a prior buyer who reportedly pursued municipal approvals for a truck parking facility and office development. Preliminary development concepts and plans may be available to qualified buyers involved in the transportation or trucking industry. The land itself is level and highly usable, offering efficient site planning potential with minimal topographical limitations. Utilities including electric and gas are nearby, while well and septic systems would be required for development. The site's corner configuration enhances ingress and egress opportunities and provides excellent flexibility for phased development or subdivision into smaller commercial parcels if desired. Marengo continues to emerge as a strategic growth corridor for industrial and transportation-related users due to its proximity to Interstate 90, major freight routes, and expanding suburban development patterns. This location offers direct access to the greater Chicago metropolitan area while maintaining lower development costs and fewer operational constraints than many nearby suburban markets. For developers and investors, this property represents a unique chance to acquire a highly visible commercial tract with significant upside potential in one of Northern Illinois' growing transportation corridors. Whether the vision involves a truck terminal, fuel center, industrial park, commercial retail development, or flex industrial campus, this property offers the size, zoning, and location necessary to support a wide range of profitable future uses.

Church Road, Marengo

$3,200,000

5 Beds ⋅ 6 Baths ⋅ 12642067 MLS ⋅ ACTIVE Status

Arguably one of the finest equestrian estates in the Midwest, this exceptional 15-acre property is complemented by an elegant 6,000+ square-foot residence showcasing the highest level of craftsmanship and finishes. The premier equestrian facility features three thoughtfully designed barns comprising a total of 50 stalls, each with limestone bases and rubber matting. The impressive main show barn is heated and exceptionally well appointed, offering a comfortable lounge, dedicated tack room, farrier area, wash rack, feed room, laundry and medication room, as well as a grooming/ready room with three stanchions. A 50' x 50' indoor bullpen provides additional versatility. At the heart of the show barn is a heated 60' x 144' indoor arena, featuring premium crushed-limestone footing and proportions ideally suited to a wide range of equestrian disciplines. Two additional barns further enhance the facility: a 11-stall mare barn and a 9-stall foal barn, with generous space for equipment and hay storage. The property also offers an outdoor arena, 19 individual turnouts and pastures, and a 50' round pen, providing an exceptional environment for training, boarding, breeding, and competition. Beyond its extraordinary infrastructure and amenities, the equestrian operation is professionally established and generates substantial income, presenting a rare opportunity to acquire a premier equestrian estate with both lifestyle appeal and significant income-producing potential. The elegant residence is a distinguished expression of refined luxury, offering exceptional craftsmanship, impeccable materials, and exquisite finishes throughout. Rich hardwood and heated stone or tile flooring extend throughout the home, complemented by graceful crown molding, substantial 6-inch baseboards, and impressive 9-foot ceilings on the first two levels. Three beautifully appointed fireplaces add warmth, character, and ambiance. The main level is graciously designed for both formal entertaining and comfortable everyday living, featuring an elegant formal living room, dining room, sunroom, full bath, and spacious private office, which could easily serve as an additional bedroom or guest suite. At the heart of the home is a true chef's kitchen, beautifully appointed with a premium Decor range and custom hood, Sub-Zero refrigeration, and custom cabinetry. A charming adjoining eating area overlooks the lush rear garden, creating an inviting setting for intimate meals or relaxed gatherings. The residence offers five generously proportioned bedrooms spanning the second and third levels. The three bedrooms on the second level are complemented by exceptionally appointed ensuite baths, each featuring luxurious air-jet tubs, contemporary walk-in showers, and elegant Kohler fixtures. In total, the home provides five full baths and one half bath, each thoughtfully designed with the same level of sophistication and attention to detail found throughout the residence. An extraordinary bar and game room, complete with its own private entrance, provides an impressive venue for entertaining on any scale. Rich Brazilian cherry flooring, a fully equipped bar with commercial-grade grilling and frying capabilities, and a dramatic stone fireplace create an atmosphere that is both sophisticated and inviting. Every element of this exceptional residence has been thoughtfully conceived and impeccably executed, creating a rare balance of grandeur, comfort, and livability. It is a home of truly exceptional distinction-where timeless elegance meets the finest in modern luxury.

6715 Meyer Road, Marengo

$1,860,000

12574412 MLS ⋅ PENDING Status

Prime farmland with potential for future development. Near I-90 means quick access. 1900 ft of frontage off Maple and 2300 ft of frontage off Beck. Great location!! 107 acres tillable 17 acres wooded great for hunting.

Maple Street, Marengo

$1,350,000

4 Beds ⋅ 4 Baths ⋅ 12378849 MLS ⋅ CLOSED Status

Set on over 27 acres in unincorporated McHenry County, this one-of-a-kind property defies categories. With more than 6,500 square feet of living space, it offers a flexible floorplan full of possibility-multiple bedrooms, bonus rooms, lofts, and spaces that invite imagination. From the moment you enter, it's clear this place is special. Authentic Saltillo tile floors warm the great room, kitchen, and office, complementing the soaring ceilings and statement fireplace in the family room. The current owner has infused the property with character at every turn-hundreds of thousands invested in thoughtful upgrades that respect the spirit of the home while elevating it. The kitchen features 2022 appliances and upgrades. The primary suite is a retreat of its own, complete with new hardwood floors and a spa-like bathroom where you can soak while looking out over your private acreage. A bonus room-accessible from the suite or a private staircase in the garage-could be an art studio, playroom, home theater. The third-floor loft adds a fun surprise, and the walkout lower level includes a bedroom, bathroom, and bar-perfect for guests or extended living. Outdoor living is just as compelling: multiple decks, gazebos, a stocked fishing pond, fireplaces, fire pits, ATV trails and views that go on for miles.The garage? It's a split 6+ car haven with room for toys, tools, and more. One of the garages has been transformed into a luxury dog suite-yes, climate controlled with a dog washing sink and direct access to a whimsical "dog woods"---one acre completely fenced with metal fencing and winding mulched paths. In addition, there are 10 acres fenced with an invisible fence. At the road, there are approximately 10 acres, which could be converted for horse pasture land. New roof, water heater, and one new HVAC system in 2024. Just imagine the possibilities as your family retreat or full time home. Close to Lake Geneva and charming downtown Woodstock, with commuter train access in nearby Harvard.

20719 Highview Road, Marengo

$3,105,000

12265408 MLS ⋅ CLOSED Status

INVESTORS, DEVELOPERS! 136 acres, MOL, parcel in immediate area of the full I90/Rt 23 in McHenry County. Annexed to the city of Marengo, the sewer and water infrastructure has an accepted bid to begin work in spring, 2025, with completion end of 2026. The services will be approximately 1.2 miles north of subject property on Rt 23. SOOO many possibilities... proposed usage for office/ research industrial/ manufacturing facilities development. The property is flag shaped with approximate 136 acreage figure (there have been several purchased easements) and frontage on Rt 23, Anthony Road and Harmony Road. Approximately 130 acres are tillable and rented for $40,000 per year. There is a grove of mature trees and also a farmhouse with several outbuilding, which are being sold "AS IS". Address of pie shaped parcel fronting Anthony Road is 22011 Anthony Road. Location provides Only I90 access in McHenry County and welcomes unique opportunity for future endeavors!

9809 S Il Rt. 23 Highway, Marengo

$1,627,000

12138828 MLS ⋅ CLOSED Status

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!

619,623,719,723 Beggs Lane, Marengo

$1,500,000

12078522 MLS ⋅ CLOSED Status

This all steel 9950sf Industrial Building was built with No Expense Spared and is Equipped for a Multitude of Uses. Features a 10 ton (20,000lb) Demag Double Beam Traveling Bridge Crane ($180,000+), Huge Electric Power (120, 240, 480 3 Phase 1200+amps), Dry Compressed Air throughout. Monitored Smoke/Fire Detection transmitted directly to Fire Department. 1800sf Covered Loading Dock with Drop Down Ramp. 3-14' Drive-In Doors. Office area with Reception Vestibule, Kitchenette, Office and Receptionist/Filing space. Two Baths, one in Office and one in Shop. Sitting on 10 acres zoned Industrial with 850' of frontage just north of Marengo on IL State Hwy 23, could be subdivided or tons of room for outdoor storage or truck parking. Currently 7 acres is rented as farmland. Building was intended to do Steel Manufacturing Process, all concrete and asphalt in and out is stressed to handle loaded semi's (Double Rebar with 8"+ Concrete). Clerestory Windows for great Natural Light. Insulated and very Easy to Heat (Radiant Heat throughout Main Building). Must see to appreciate!

3816 N Il Rt 23, Marengo

$1,249,000

3 Beds ⋅ 2 Baths ⋅ 12068014 MLS ⋅ ACTIVE Status

TOTALLY REMODELED HOME ON 32+ ACRE FARM! AERIAL PHOTOGRAPHS SHOW PROXIMITY TO BLACKSTONE GOLD COURSE! FARM LAND IS RENTED CURRENTLY. MAKE US AN OFFER!

18708 Beck Road, Marengo

$1,105,675

11843983 MLS ⋅ CLOSED Status

Southern McHenry County, Illinois agricultural investment. This 87 acre parcel consists of approximately 85 acres (97%) of tillable land. Excellent location on Coral Rd just east of Illinois Rt 23 and approximately 2.5 miles north of the I-90 Interchange at Rt 23 (easy access to the Chicago suburbs & Rockford) and approximately 3 miles south of Marengo. The majority of the soils on this farm are Kane Silt Loam, Lisbon Silt Loam & Parr Silt Loam. The farm has a 124.9 PI and is ideal for grain farming. The property is also situated very near to several active sand & gravel operations indicating possible future use for mineral extraction. The buildings on-site are not functional at this time. A well is present on the farm - the operational status of which is unknown. Excellent opportunity for a long-term Ag investment! Farm is leased thru March 2024.

W Coral Road, Marengo

$1,200,000

11683819 MLS ⋅ ACTIVE Status

38 Acres Residential Development site. Site was previously approved for 54 duplexes and 24 single family homes. Complete project plans available for review including final engineering. City of Marengo will support alternative uses and density. Subject property is located in IHDA opportunity zone. Property is located 1.5 miles north of I-90/23 Interchange and 3 miles north of I-90/20 Interchange.

00 Maple Street, Marengo

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