Inland Real Estate Brokerage & Auctions, Inc. Closes on 255 acres in McHenry County, Illinois
Alyssa Campbell
Inland CommunicationsJanuary 27, 2015
Oak Brook, Ill. – Inland Real Estate Brokerage & Auctions, Inc. (“Inland Brokerage & Auctions”) announced today the successful sale of 255 acres of an 831-acre farm in Marengo, Illinois, owned by a prominent Chicago-area family. The 255-acre parcel was purchased by a local developer at $18,350 per acre, with a total purchase price of $4,679,000.
The remaining 576 acres are located west of Illinois Route 23 in McHenry County, 1.5 miles north of the planned I-90 tollway interchange. The property was recently annexed to the City of Marengo, including all adjacent unincorporated roads and highways, and is currently zoned AT, Agricultural Transitional, allowing the owner the right to rezone the property.
The offering continues to be exclusively marketed by Paul Rogers, president, and John Hanson, senior broker, both of Inland Brokerage & Auctions. A marketing information package is available and interested parties should contact Inland Real Estate Brokerage & Auctions, Inc. at 630.990.8400 or visit our website www.inlandbrokerage.com for more information. If you have a property that you would like to sell, Inland Brokerage & Auctions has a variety of programs to meet your objectives, contact us today at 630.990.8400.
About Inland Real Estate Brokerage & Auctions, Inc.
Inland Real Estate Brokerage & Auctions, Inc. is a leading real estate investment brokerage and advisory firm servicing the Midwest and is a specialist in providing auction and accelerated marketing services across the nation. As part of The Inland Real Estate Group of Companies, Inc., Inland Real Estate Brokerage & Auctions, Inc. brings unique depth, experience and resources to the real estate sales and advisory industry.
The remaining 576 acres are located west of Illinois Route 23 in McHenry County, 1.5 miles north of the planned I-90 tollway interchange. The property was recently annexed to the City of Marengo, including all adjacent unincorporated roads and highways, and is currently zoned AT, Agricultural Transitional, allowing the owner the right to rezone the property.
The offering continues to be exclusively marketed by Paul Rogers, president, and John Hanson, senior broker, both of Inland Brokerage & Auctions. A marketing information package is available and interested parties should contact Inland Real Estate Brokerage & Auctions, Inc. at 630.990.8400 or visit our website www.inlandbrokerage.com for more information. If you have a property that you would like to sell, Inland Brokerage & Auctions has a variety of programs to meet your objectives, contact us today at 630.990.8400.
About Inland Real Estate Brokerage & Auctions, Inc.
Inland Real Estate Brokerage & Auctions, Inc. is a leading real estate investment brokerage and advisory firm servicing the Midwest and is a specialist in providing auction and accelerated marketing services across the nation. As part of The Inland Real Estate Group of Companies, Inc., Inland Real Estate Brokerage & Auctions, Inc. brings unique depth, experience and resources to the real estate sales and advisory industry.