Industrial Investment Opportunity
154 N. State Street, Marengo, Illinois 60152
| Building Size | 12,000 Square Feet |
| Land Size | 0.34 Acres |
| Zoning | M |
| Parking | 10 |
| Water | city |
| Sewer | city |
| Electric | 600 amp, 480V, 3 Phase |
| Year Built | 1970 |
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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Office Phone: (847) 854-2300 ext. 14Mobile: (847) 533-6974
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.