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$600,000
12,000
square ft

154 N State Street
Marengo, Illinois 60152

Closed / MLS #12300293 / Industrial / Marengo
Listing information updated 9/15/2025 at 4:03pm
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.
Acreage:
0.34
Built:
1970
Cooling System:
Partial
Stories:
1
Ceiling Height:
16
Zoning:
INDUS
# of Drive-In Doors:
3
Rentable Square Feet:
12,000
Building Square Feet:
12,000
Office Square Feet:
300
Minimum Ceiling Height:
16
Maximum Ceiling Height:
12
Tax Amount:
$4,656
Tax Year:
2023
Zip Code:
60152
City:
Marengo
County:
Mchenry

Listing Office: Premier Commercial Realty

Listing Office Phone: 847.854.2300

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 9/15/2025 at 4:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Marengo

Marengo, IL

A friendly community with a booming manufacturing and business industry, the city of Marengo has experienced continual growth over the past 20 years.   Marengo is committed to historical preservation, with several buildings designated as historical landmarks. Homes in the area showcase Greek Reviv...
$318,817
Average Sale Price
65
Average Days On The Market
95%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 154 N State Street, Marengo, IL 60152
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154 N State Street, Marengo, IL 60152 is a industrial which sold for $600,000. This industrial has been listed on @properties Christie's International Real Estate since February 27th, 2025 and was built in 1970.

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