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$600,000
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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.
Full Property Details
Full Property Details for 154 N State St
General
- Sold For: $600,000
- Taxes: $4,656 (2023)
- Status: Closed
- Type: Warehouse
- Source: MRED
- MLS ID: 12300293
- Added to Site: 322 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Harmony / Marengo
- County: McHenry
- Driving Directions: intersection of W Railroad St and N State St
- Location Details: Northwest Suburban
Heating & Cooling
- Cooling Type: Partial
- Heating Type: Forced Air, Gas
Structural Information
- Drive-In Doors: 3
- Stories/Levels: 1
- Square Feet: 12,000
- Office: 300 Sq. Ft.
- Year Built: 1970
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,800
- Lot Dimensions: 179 x 82 x 179 x 82
- Zoning: INDUS
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1970
- Tax Amount: $4,656
- Tax Year: 2023
Disclosures and Reports
- Property ID: 1135231004
Listed by Premier Commercial Realty
Sold by Non Member
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Schools
Schools serving 154 N State St
School Districts:Marengo Community High School District 154, Marengo-Union Elementary Consolidated District 165
| Name | Grades | Distance |
|---|---|---|
Locust Elementary School 539 Locust Street, Marengo, IL 60152 | PK-3 | 0.9 mi |
Marengo Community Middle School 816 East Grant Highway, Marengo, IL 60152 | 6-8 | 0.9 mi |
Marengo High School 110 Franks Road, Marengo, IL 60152 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 154 N State St
Date
Details
Price
Change
Source
9/11/2025
Sold
$600,000
-19.99%
MLS
3/21/2025
Price Reduced
$749,900
-5.08%
MLS
2/27/2025
Listed
$790,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
154 N State Street, Marengo, IL 60152 (MLS# 12300293) is a Warehouse property that was sold at $600,000 on September 11, 2025. Want to learn more about 154 N State Street? Do you have questions about finding other Warehouse real estate for sale in Marengo? You can browse all Marengo real estate or contact a Coldwell Banker agent to request more information.

