9
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$790,000
Est. payment /mo
12,000 SqFt
Active
154 N State Street Marengo, IL 60152
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UPDATED:
03/05/2025 06:06 AM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $65
MLS Listing ID 12300293
Year Built 1970
Annual Tax Amount $4,656
Tax Year 2023
Lot Size 0.340 Acres
Lot Dimensions 179X82X179X82
Property Sub-Type Industrial
Property Description
INVESTMENT OPPORTUNITY 12,000 SF FULLY LEASED INDUSTRIAL BUILDING 12,000 SF fully leased 2-unit investment opportunity. 8.8% 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.
Location
State IL
County Mchenry
Zoning INDUS
Interior
Cooling Partial
Fireplace N
Exterior
View Y/N true
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Listed by Sharon Glasshof • Premier Commercial Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "