Marengo, IL 60152,154 N State Street
Marengo, IL 60152,154 N State Street
Marengo, IL 60152,154 N State Street
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$749,900
Est. payment /mo
12,000 SqFt
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Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $62

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 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.

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

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agent

Doug Anderson

+1(847) 687-3424

Designated Managing Broker

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