Marengo, IL 60152 154 N State Street

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Presented By: Premier Commercial Realty
  • MLS# 12300293
  • 02/27/2025
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  • SQFT • 12,000

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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.
Presented By: Premier Commercial Realty

General for 154 N State Street

Additional Parcels Y/NNo
CityMarengo
CoolingPartial
CountyMcHenry
Directionsintersection of W Railroad St and N State St
ElectricService - 201 to 600 Amps, Power - 480V, Three Phase
Gross Income
Leasable Area12000
Lot Size Square Feet14800
MLS AreaHarmony / Marengo
Net Operating Income
Operating Expense0
Property SubtypeWarehouse
Property TypeCommercial Sale
Property TypeIndustrial
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount4656
Tax Year2023
Year Built1970
ZoningINDUS

Exterior for 154 N State Street

Building Area Total12000
Lot Dimensions179X82X179X82
Lot Size Acres0.34

Additional Details

Price History

Client Care

Price $749,900
MLS#12300293
List Date 02/27/2025
Property Type Industrial
Phone 847.485.2500
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