Categories
Grade Level
About this property
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.
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 12,000 sqft
- Land Size
- 0.34 acres
- Sewer
- city
- Water
- city
- Zoning
- M
- Electric
- 600 amp, 480V, 3 Phase
- Year Built
- 1970
- Parking
- 10
Documents 1 file
Last updated: Sep 30, 2026
Location
- Address
-
154 N. State Street
Marengo, Illinois 60152