1. Illinois
  2. Marengo
  3. 154 N State Street
$749,900

154 N State Street, Marengo, IL 60152

  • 12,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $62/sqft
  • Property List Date Icon Listed 4 months ago

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.

Listing Status:
Active
Listing Office:
Premier Commercial Realty : 847-854-2300
Listing Agent:
Sharon Glasshof : 847-533-6974
MLS ID:
12300293
  • A/C: Partial

This listing courtesy of Sharon Glasshof, Premier Commercial Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

U

Ulysses S Grant Intermediate School

816 E Grant Hwy, Marengo, IL, 60152

Grades 4-5

0.86 miles away

M

Marengo Community Middle School

816 E Grant Hwy, Marengo, IL, 60152

Grades 6-8

0.84 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.