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154 N State Street

Marengo, IL 60152
  • $749,900
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 12300293
Price Reduced
UPDATED: 54 min ago
$749,900
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Description

INVESTMENT OPPORTUNITY 12,000 SF FULLY LEASED INDUSTRIAL BUILDING Price reduced on this 12,000 SF fully leased 2-unit investment opportunity. 9.25% CAP rate. Unit A: Front section 1,900 SF currently leased as a baseball practice facility. Open floor plan and 1 office. Unit B: Rear section 10,000 SF currently leased to a diesel and engine repair shop. 12'-16' ceilings, 600 amp, 480V, 3 phase power, floor drains, 3 DID's (12'x10', 12'x14', and 9'x9') and small mezzanine for storage. There are two bathrooms (one currently used as storage - toilet removed). 10 parking spaces in rear of the building. Contact broker for financial information.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-03-21T23:00:47.577 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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154 N State Street Marengo, IL 60152

  • Price: $749,900
  • Status: Active
  • On Site: 21 Days
  • Updated: 54 min ago
  • MLS #: 12300293
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1970
Built
Neighborhood:
Mchenry
County:
Mchenry
Area:
Mchenry
Property Description
INVESTMENT OPPORTUNITY 12,000 SF FULLY LEASED INDUSTRIAL BUILDING Price reduced on this 12,000 SF fully leased 2-unit investment opportunity. 9.25% CAP rate. Unit A: Front section 1,900 SF currently leased as a baseball practice facility. Open floor plan and 1 office. Unit B: Rear section 10,000 SF currently leased to a diesel and engine repair shop. 12'-16' ceilings, 600 amp, 480V, 3 phase power, floor drains, 3 DID's (12'x10', 12'x14', and 9'x9') and small mezzanine for storage. There are two bathrooms (one currently used as storage - toilet removed). 10 parking spaces in rear of the building. Contact broker for financial information.
Exterior Features

Outdoor Parking 6-12 Spaces

Interior Features

Cooling Partial Heat Ventilation Forced AirGas Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 12000 Built Before1978 YN Yes Electric Service - 201 to 600 AmpsPower - 480VThree Phase Fire Protection Fire Extinguisher/s Geographic Locale Northwest Suburban Gross Income 0 Gross Scheduled Income 0 Leasable Area 12000 Mls Actual Status Price Change Net Operating Income 0 Operating Expense 0 Property Offered For Sale Only Property Sub Type Manufacturing / Warehousing Tax Annual Amount 4656 Tax Year 2023 Type Industrial Zoning INDUS

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Premier Commercial Realty: 847-854-2300.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-03-21T23:00:47.577 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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