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    112 S State St Marengo, IL 60152

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    For Lease
    $139,900

    Retail/office space in vibrant downtown Marengo with updated facade.

    Property size:
    1,200 SF
    Lot size:
    0.05 Acres

    Property Features for 112 S State St

    General Information

    Size
    1,200 SF
    Lot size
    0.05 Acres

    Source: Premier Commercial Realty Agent Heather Schweitzer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Marengo Retail/Office Space

    This property offers 1,200 square feet of retail or office space situated in downtown Marengo. The building features an updated facade. The location is suitable for various businesses, including insurance agencies, financial planners, law offices, boutiques, barber shops, salons, spas, creative studios, coffee shops, or photography studios. On-street parking is available for clients and customers, with two parking spots behind the building for tenants. Immediate occupancy is available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marengo
    County
    McHenry
    State
    Illinois
    Longitude
    -88.6087317
    Latitude
    42.2497317

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    FAQs

    What type of property is this?
    Office space - Retail/office space in vibrant downtown Marengo with updated facade.
    Where is this office space located?
    The property is located at 112 S State St Marengo, IL.
    What are key features of this property?
    This property features: - Prime downtown Marengo location with **high visibility and foot traffic**.; - Versatile 1,200 SF space suitable for various retail or office uses.; - **Updated facade providing a fresh and appealing aesthetic.**
    (815) 236-9816
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    112 S State St Marengo, IL 60152
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    Marengo, IL 60152
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    112 S State St Marengo, IL 60152
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